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Pakistan faces payout over Sharif asset hunt

A hearing on damages has taken place this week in a politically sensitive claim against Pakistan worth at least US$600 million, brought by a company that was hired to track down the assets of the country’s disgraced former prime minister Nawaz Sharif.

Freshfields practice head joins Clifford Chance in Frankfurt

Moritz Keller, the German head of Freshfields Bruckhaus Deringer’s international arbitration practice in Vienna, has joined Clifford Chance as a partner in its Frankfurt office.

Treaty claim against Peru moves to ICSID

ICSID has taken on the administration of a two-year old treaty claim now worth US$1.8 billion that has been brought against Peru by a US hedge fund for destroying the value of bonds issued to Peruvians 50 years ago by the country’s former left-wing dictatorship.

AfricArb launches in Paris

After being dreamt up during Paris Arbitration Week, a new non-profit organisation of young practitioners named AfricaArb has launched in the French capital, with the aim of furthering the development of arbitration as an efficient and accessible method of dispute resolution in Africa.

  • Venezuelan mining award upheld in Miami

    A court in Miami has ordered the enforcement of a US$63 million partial award against a Venezuelan state-owned mining company after an iron ore project with a British Virgin Islands commodities company went awry during the economic turmoil following Hugo Chávez's death in 2013.

  • Brussels pours cold water on intra-EU treaty arbitration

    In a communication with implications for hundreds of pending cases, the European Commission in Brussels has stated that investors cannot invoke arbitration under intra-EU bilateral investment treaties or the Energy Charter Treaty for intra-EU disputes.

  • California open to business after signing new bill into law

    California – the world’s fifth-largest economy – looks set to overhaul its reputation as an arbitral hub after its governor approved a bill expressly permitting out-of-state and foreign lawyers to appear in international arbitrations seated there.

Editor's picks

Chevron chased for US$18 billion after “sham” Cairo award

Chevron is being chased for nearly US$18 billion in the US pursuant to what the energy company alleges is a sham award issued by a unlicensed Cairo body purporting to be an arbitration centre as part of a criminal enterprise.

Driller wins against Petrobras after bribery defence fails

A Cayman offshore drilling company has asked a US court to enforce a US$662 million ICDR award against Petrobras over the early termination of a contract that the Brazilian state-owned company alleges was procured through bribery.



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The Asia-Pacific Arbitration Review 2019


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