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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.

Iraqi oilfield dispute heads from New York to DC

A Canadian engineering company has applied to a court in Washington, DC, to enforce an ICC award against an Iraqi state-owned entity after discontinuing a similar action it commenced in New York earlier this year.

  • Ukrainian pipeline operator wins tariff revision claim

    The Ukrainian state-owned operator of the world’s longest ammonia pipeline has reportedly prevailed in a US$190 million dispute with a Russian chemicals group over transit tariffs.

  • Deutsche Bank seeks injunction over failed Mexican M&A

    Deutsche Bank has asked a US court for an anti-suit injunction against a Mexican bank in aid of an ICC case over a US$175 million sale that stalled in the wake of money laundering allegations.

  • 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.”

Editor's picks

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.

Korean pharma scandal deepens after disclosure in ICC case

A scandal in Korea over the mislabelling of a gene therapy treatment for osteoarthritis has intensified after it emerged in an ICC arbitration that the product’s developer was allegedly aware two years ago that its ingredients had changed.

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