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ConocoPhillips settles with PDVSA for US$2 billion

US energy company ConocoPhillips has reached a settlement with Venezuela’s state-owned oil group PDVSA to recover the full US$2 billion it was awarded by an ICC tribunal earlier this year.

Conoco and Perenco team up against Vietnam

Energy multinationals ConocoPhillips and Perenco have brought an UNCITRAL investment treaty claim against Vietnam to prevent the state from collecting an estimated US$179 million capital gains tax related to a billion-dollar acquisition, it has emerged.

Ship chartering case belongs in London, not New York or Miami, says 11th Circuit

Faced with an ambiguous agreement that included conflicting indications of the parties’ intention in the event of a dispute, a US appeal court has said that a row over the chartering of a vessel from Brazil to Mexico belongs in arbitration in London, not in New York or Miami.

Saudi prince faces jail for seeking to avoid London award

A Saudi prince ordered to pay nearly US$530 million to Kuwaiti-listed mobile phone operator Zain in an LCIA arbitration award faces jail in the UK for flouting English contempt laws by failing to halt legal proceedings he brought in Riyadh in relation to the same dispute.

  • French defence company seeks to stay and compel cases

    UPDATED. French defence company Safran and its German unit have asked a New York court to stay an ICC arbitration filed against them in the city, while compelling an ad hoc arbitration that began in Paris weeks before – both concerning a dispute under a 25 year-old technology licence.

  • White & Case builds Lat-Am and lusuphone capability in Houston

    White & Case has added a Portuguese and Spanish-speaking lawyer to its new office in Houston to expand its international arbitration capability in Latin America and lusuphone countries.

  • Freezing order in favour of Angola’s sovereign wealth fund is lifted in London

    UPDATED. A US$3 billion worldwide freezing order obtained by Angola’s sovereign wealth fund in support of claims of a dishonest conspiracy involving the son of the former president has been lifted, with the Commercial Court in London ruling that many of the claims belong in arbitration in Angola, Portugal or Mauritius, not litigation in England.

Editor's picks

US alleges kickbacks by law firms in Venezuela cases

The US Department of Justice has alleged that unnamed law firms representing Venezuela in international arbitrations arranged to pay “kickbacks” to the relative of a Venezuelan government official.

India loses billion-dollar case over gas migration

India’s Reliance Industries and its foreign partners in an offshore gas block have prevailed in a US$1.7 billion UNCITRAL dispute with the Indian government, which was filed after they were fined for profiting from gas that had allegedly migrated from adjacent state-owned fields.

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The Arbitration Review of the Americas 2019

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