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Award over Ukrainian version of Forbes stands despite sanctions

Award over Ukrainian version of Forbes stands despite sanctions

11 August 2017

A US court has refused to set aside the award in a dispute over the Ukrainian version of Forbes magazine - denying that the New York-seated case should have been halted after the owner of the publishing rights was placed on the US sanctions list because of his ties to exiled president Viktor Yanukovych.

Chevron fraud claim must go to London tribunal

Chevron fraud claim must go to London tribunal

10 August 2017

A Nigerian company's US$1 billion claim against Chevron for the alleged rigging of an oil mining tender cannot be heard in the Texas courts but only by an UNCITRAL arbitration tribunal in London, a US appeals court has affirmed.

Madagascar faces ICSID claim over 3G licence

Madagascar faces ICSID claim over 3G licence

10 August 2017

A Mauritius-registered telecoms investor is behind a new ICSID claim against Madagascar, brought under a 2004 bilateral investment treaty between the island states, which lie roughly 1,000 kilometres apart in the Indian Ocean off southern Africa.

SIAC opens second office in India

SIAC opens second office in India

10 August 2017

Six years after opening in Mumbai, the Singapore International Arbitration Centre has opened its second Indian office in a new city in Gujarat conceived by prime minister Narendra Modi as the country's first financial services and technology hub.

Brazil's Odebrecht threatens treaty claim against Peru

Brazil's Odebrecht threatens treaty claim against Peru

09 August 2017

Odebrecht, the Brazilian construction group that admitted to paying hundreds of millions in bribes to win projects in 12 countries, has threatened to bring an investment treaty claim against Peru over measures taken in the wake of the scandal.

Israeli debtor seeks to take venue ruling to US Supreme Court

Israeli debtor seeks to take venue ruling to US Supreme Court

09 August 2017

An Israeli real estate company is to ask the US Supreme Court to rule on whether arbitrators' decisions on the venue of an international arbitration deserve greater judicial oversight.

Brazilian centre's former secretary general chooses new direction in UK

Brazilian centre's former secretary general chooses new direction in UK

09 August 2017

The former secretary general of the Arbitration and Mediation Centre of the American Chamber of Commerce Brazil in São Paolo, Romanian Crina Baltag, has embarked on a career as an academic and arbitrator in the UK.

US business leaders warn Trump to keep ISDS

US business leaders warn Trump to keep ISDS

09 August 2017

While Donald Trump focuses his attention on North Korea, US business leaders have written to key members of his administration warning that investor-state dispute settlement should be "maintained and upgraded" as part of the renegotiation of the North American Free Trade Agreement.

Construction disputes specialist swaps chambers in London

Construction disputes specialist swaps chambers in London

09 August 2017

A London barrister who specialises in commercial and construction arbitration, Paul Darling QC, has left Keating Chambers to join 39 Essex Chambers.

The African elephant in the room

The African elephant in the room

09 August 2017

An arbitral award against Guinea that was set aside in West Africa because the arbitrators agreed a fee increase with the parties has raised looming issues about how best to ensure the development of arbitration in Africa, as well as the question of the enforceability of awards annulled at the seat. Kwadwo Sarkodie and Joseph Otoo of Mayer Brown in London report.