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Turkey wins price cut on gas from Iran

Wednesday, 10 February 2016

The Hagia Sophia in Istanbul

An ICC tribunal has ordered the National Iranian Gas Company to grant a discount on the price of gas exports to Turkey, in the latest round of a multibillion-dollar dispute over a 25-year supply agreement.

ICC puts focus on Asia’s biggest markets

Wednesday, 10 February 2016

Shanghai (left) and Mumbai (right)

The ICC International Court of Arbitration is making efforts to expand its arbitral services in mainland China and India, becoming the third foreign arbitral institution approved to open in Shanghai and announcing a new Indian arbitration group and Indian regional director for South Asia.

Winston changes leadership after Tirado exit

Wednesday, 10 February 2016

Joe Tirado and Ricardo Ugarte

Winston & Strawn partner Ricardo Ugarte has been named global chair of the firm’s international arbitration practice, after a reshuffle prompted by the departure of Joe Tirado.

GAR Awards 2016: best development

Wednesday, 10 February 2016

GAR Awards

GAR continues its publication of shortlists for awards that will be open to the public vote soon, ahead of this year's awards ceremony in Shanghai.

GAR Awards 2016: most important decision

Wednesday, 10 February 2016

GAR Awards

GAR continues its publication of shortlists for awards that will be open to the public vote, ahead of this year's awards ceremony in Shanghai.

Argentina fails to annul ICSID awards

Tuesday, 9 February 2016

Total and EDF

Two ICSID annulment committees have upheld awards in favour of EDF and Total against Argentina, with the state failing on arguments that an arbitrator in one case lacked impartiality because of his law firm’s representation of Repsol in an unrelated dispute.

Indian gas dispute heads to DC

Tuesday, 9 February 2016

Manginapudi Beach at Machilipatnam, on India's southeastern coast

London-listed Hardy Oil and Gas has applied to a US court to enforce an award against the government of India over rights to an offshore natural gas reserve.

GAR Awards 2016: innovation by an individual or organisation

Tuesday, 9 February 2016

GAR Awards

GAR continues its publication of shortlists for awards that will be open to the public vote soon, ahead of this year's awards ceremony in Shanghai on 2 March.

OGX scolded for seeking to halt LCIA claim

Tuesday, 9 February 2016

OGX founder Eike Batista

The High Court in London has criticised insolvent Brazilian oil and gas company OGX for seeking to frustrate an LCIA arbitration by means of an application to have a Brazilian court-approved reorganisation plan recognised in the UK.

EU intervenes in US court over Micula award

Monday, 8 February 2016

Ioan and Viorel Micula

The European Commission has filed an amicus brief with a US appeal court opposing the enforcement of a controversial US$250 million ICSID award against Romania, which it argues was rendered under an “illegal” treaty.

Mexican paint dispute brushed aside in New York

Monday, 8 February 2016

Paint pot and brush

A US court has refused a request by Ohio-based paint retailer Sherwin-Williams for declaratory relief against two Mexican companies – as an ICC tribunal continues to hear their dispute over a failed US$2.3 billion merger.

GAR Awards 2016: best speech or lecture

Monday, 8 February 2016

GAR Awards

The GAR Awards in Shanghai are nearly upon us. Over the coming days, GAR will be publishing shortlists for those categories that will soon be open to a vote, starting with best lecture or speech.

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