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Nigeria overturns security order in mega-award challenge

The Commercial Court in London has ordered the release of US$200 million that Nigeria paid in security as it challenges a US$10 billion award over a failed gas deal, after recently finding the state has a strong prima facie case that the arbitration and the contract were tainted by corruption.

Squire Patton Boggs hires from WilmerHale

Michelle Glassman Bock, who has acted in over a dozen gas price review proceedings, has left WilmerHale to join the partnership at Squire Patton Boggs.

Withers hires former UK attorney general

Geoffrey Cox QC, the former Attorney General who advised the UK government on Brexit, has joined the arbitration and litigation team at Withers.

Wales prevails in roadworks dispute

The Welsh government has secured a win on liability in an ad hoc arbitration with a UK construction group relating to cost overruns on a £340 million road expansion project.

  • UK court restrains Russian securities suit

    The Commercial Court in London has restrained an insolvent Russian bank from pursuing a US$140 million lawsuit in St Petersburg over securities contracts, finding the dispute should be heard in LCIA arbitration.

  • Dechert Beijing head joins Arbitration Chambers

    Dechert’s managing partner in Beijing, Jingzhou Tao, has left the firm to join Arbitration Chambers and focus on his arbitrator practice.

  • Airport investor brings tax claim against Ecuador

    A Canadian construction company is pursuing an investment treaty claim against Ecuador over taxes relating to the construction of Quito’s international airport – nine years after an ICSID case over the same project was discontinued.

Editor's picks

US targets Clyde & Co award funds

The US Department of Justice is attempting to seize the proceeds of an arbitral award held by Clyde & Co that Malaysian authorities say can be traced to the 1MDB corruption scandal.

DP World seeks to enforce against Djibouti

A subsidiary of Emirati logistics group DP World has applied to a US court to enforce LCIA awards totalling more than US$485 million against the east African state of Djibouti arising from a bitter dispute over a strategic port facility on the Red Sea.



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