Korean shipbuilder faces claim from Russian clients
A Korean shipbuilder is reportedly facing a US$890 million SIAC claim from three Russian companies after it cancelled contracts over sanctions and alleged non-payment.
Hyundai unit settles Omani sewage dispute
An Omani engineering company has agreed to settle an ICC dispute with a Hyundai affiliate over delays to a billion-dollar sewage treatment plant in Muscat.
Argentine arbitrator survives challenge over Venezuela appointments
A UK election technology company has failed to disqualify Argentina’s Raúl Vinuesa from hearing its US$1.5 billion ICSID claim against Venezuela over his repeat appointments by the state.
Third toll-road claim against Lima underway
A panel is in place at the Permanent Court of Arbitration to hear the third arbitration filed by an Odebrecht-linked consortium against the Peruvian municipality of Lima in a long-running dispute over …
Fieldfisher opens in Vienna
Fieldfisher has opened a Vienna office and acquired Meissner & Passin, a boutique in the Austrian capital led by arbitration lawyer Alice Meissner.
LCIA hears claims over aircraft stranded in Russia
An Irish leasing company has filed a US$600 million LCIA claim against Russian airline Aeroflot – one of several arbitrations the flag carrier is facing over planes left stranded in Russia following …
Editor's picks
Marc Lalonde 1929-2023
Marc Lalonde, who was at the heart of Canadian politics for over 15 years as right-hand man to former prime minister Pierre Trudeau before becoming a leading international arbitrator, has died aged 93.
Spain fails to halt enforcement of intra-EU award in London
A UK court has ruled for the first time that Spain cannot avoid enforcement of an ICSID award by invoking EU law prohibitions on intra-EU investment arbitration.
Belgian supreme court upholds ruling on tribunal secretaries
Belgium’s supreme court has affirmed a controversial ruling that ICC awards can be drafted by tribunal secretaries if their work is reviewed by the arbitrators.
Emirati investor wins damages over Algerian park project
An entity owned by Abu Dhabi’s royal family has been awarded over US$228 million plus interest and costs in an ICSID claim against Algeria over a failed project to develop a metropolitan park – as a dissenting arbitrator argues the case should have been rejected based on evidence of malfeasance.
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Volume 17 - Issue 4
European exodus from the ECT: politics and unintended consequences • If it ain’t broke, don’t fix it: the English Arbitration Act and confidentiality • Investment court under fire at ICCA • Bishop on the psychology of persuasion • Werner Melis, 1935-2022 • Editorial Information
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