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What you missed at ICSID

Tuesday, 1 September 2015

The World Bank's headquarters

The past two weeks at ICSID have brought a victory for Spain, decisions in cases involving Hungary and Bulgaria, and a bid by Argentina to annul a US$383 million award in favour of three water utility companies.

Gibson Dunn hires from Orrick in Hong Kong

Tuesday, 1 September 2015

Robert Pé

Robert Pé, senior legal adviser to Myanmar opposition leader Aung San Suu Kyi, has joined Gibson Dunn & Crutcher’s international arbitration practice in Hong Kong.

ICC panel resolves Greek DIY store dispute

Tuesday, 1 September 2015

Plug

CORRECTED: French home improvement chain Leroy Merlin has defeated the bulk of an ICC claim over its decision to pull the plug on an investment in northern Greece in the wake of the country’s financial crisis.

Menon sets out "hues and shades" of Singapore’s approach to freezing orders

Friday, 28 August 2015

Da Vinci's Le Christ Comme Salvator Mundi and Rothko no 6 (Violet, vert et rouge), two of the paintings on which Bouvier is alleged to have made a profit

A judgment of the Singapore Court of Appeal, delivered by Sundaresh Menon as chief justice, clarifies the rules of the game for those applying for Mareva (or freezing) injunctions in the city state, including in support of international arbitration.

The competence-competence chicken and egg

Friday, 28 August 2015

Judith debuts her summer collection

Singapore’s High Court has ruled that the principle of competence-competence applies even where the existence of an arbitration agreement is in doubt, resolving what it characterised as a “chicken and egg” dilemma.

South Africa and China to open joint arbitration centre

Friday, 28 August 2015

Johannesburg, where the centre will be based

A new international arbitration centre in Johannesburg is dedicated to the resolution of commercial disputes between African and Chinese parties.

Albania border security case settles

Thursday, 27 August 2015

Port of Durres, Albania (Wikimedia Commons/FloKrass)

A newly passed Albanian law marks the end of a US$359 million ICC claim brought against the state over a concession to tackle the problem of smuggling and people trafficking from the country.

Spain faces 20th renewable energy claim at ICSID

Thursday, 27 August 2015

Solar energy panels

Spain has been hit with its 20th ICSID claim over reforms to its renewable energy sector since 2013 – brought by a German investor in a solar power plant and said to be worth between €50 and €100 million.

Indian court restrains foreign proceedings (twice)

Thursday, 27 August 2015

Rig drilling in the Ravva oil field, Bay of Bengal

The Delhi High Court has issued a pair of prima facie anti-suit injunctions restraining proceedings in two UNCITRAL arbitrations seated outside India – raising questions over whether the lessons of the Balco case have been learnt.

Brazilian heiress wins retail merger dispute

Wednesday, 26 August 2015

CBD, owned by France's Groupe Casino, runs the Pão de Açúcar supermarket chain

An ICC tribunal has awarded over US$100 million to a company owned by Brazilian billionaire socialite Lily Safra, in a shareholder dispute with the owners of Brazil’s largest supermarket chain.

Chinese-Russian oil deal ends LCIA claim

Wednesday, 26 August 2015

Lukoil storage tanks, Russia

Russia’s Lukoil has agreed to drop an LCIA claim against Chinese state oil company Sinopec after reviving a deal to sell its stake in a Kazakhstan-based hydrocarbons producer.

Glatzová partner goes solo in Prague

Wednesday, 26 August 2015

Vít Horáček

Czech arbitrator Vít Horáček has established his own boutique in Prague after 21 years at GAR 100 firm Glatzová & Co, citing a wish to avoid conflicts of interest.

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