Leading Korean and Swiss practitioners team up at new firm

Korean Kap-You (Kevin) Kim is leaving Bae Kim & Lee in Seoul after over three decades to set up a new firm with Swiss practitioner Wolfgang Peter.

Award unsealed in billion-dollar accounting dispute

A hefty award against California-based IT company Hewlett Packard Enterprise (HPE) arising from an US$8.5 billion spin-off and merger has been unsealed in US enforcement proceedings, revealing the full cast list for the dispute.

Mega-award leads to blowback in Nigeria

A British Virgin Islands company that won a US$9.6 billion award against Nigeria over a failed gas-refining deal has been ordered to forfeit its local assets after two former employees pleaded guilty to fraud and tax evasion charges, in what the award creditor has called a “sham trial”.

Russia disputes reports of setback in Crimea case

Russia’s ministry of justice has disputed reports that an UNCITRAL tribunal has refused to reopen findings on jurisdiction and liability in a billion-dollar treaty claim over the seizure of a Ukrainian bank’s assets in Crimea – saying that the panel has in fact agreed to consider arguments that the claimant acquired its assets in the territory illegally.
Gold miner wins claim against Peruvian state bank

A Canadian-listed mining company has won US$34 million in a Lima-seated arbitration against a Peruvian state-owned development bank over the financing of a gold project.
Telecoms awards upheld in Singapore after remission

The Singapore High Court has upheld two SIAC awards in a telecoms dispute, finding that the arbitrator had remedied concerns about his failure to address wasted costs after the matter was remitted to him for a further ruling.

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Editor's picks

US court stays bid to enforce solar award against Spain

A US court has agreed to stay consideration of a Dutch energy company’s bid to enforce a €64.5 million Energy Charter Treaty award against Spain until the conclusion of ICSID annulment proceedings, saying it was reluctant to wade into a “conflict between decades-old treaties and newly minted EU case law.”

Ghanaian bank airs bribery allegations in LCIA dispute

Ghana’s central bank has accused one of its officials of accepting bribes in relation to the awarding of a contract for a retail payments system, citing evidence that emerged in a US$478 million LCIA claim over the project’s termination.

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The Arbitration Review of the Americas 2020

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Addressing Issues of Corruption and Arbitration in Brazil

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