Global Arbitration Review - Arbitration News, Features and Reviews
Norwegian telecoms group Telenor has reportedly threatened Bangladesh with an ICSID claim after its local subsidiary was hit with a US$1.5 billion tax demand.
Former managing director at third-party funder Vannin Capital Ania Farren has joined the partnership at London disputes boutique Omnia Strategy – where she will join newly promoted partner Catriona Paterson.
On the eve of this year’s GAR Live Dubai, we look back to 2018’s edition, and session three, in which Mark McNeill and panel tackled one of the great conundrums: why is it that reputable independent experts – who would never testify “contrary to their own conviction” nonetheless reliably end up producing work that favours the side who appointed them. What’s the alchemy at work, and can it be reformulated?
The Indian Supreme Court has held brothers Malvinder and Shivinder Mohan Singh in contempt of court for breaching an order not to sell their controlling stakes in a hospital business while a Japanese pharmaceutical company tries to enforce a US$530 million ICC award against them.
More details of a British businessman’s ICSID claim against the United Arab Emirates have come to light after an English court upheld a freezing order against his worldwide assets in a dispute over the purchase of land on a man-made archipelago.
Portuguese arbitrator Duarte G Henriques has teamed up with US lawyers Kathryn Lee Boyd and George Yates to found Victoria Associates, a disputes boutique with five offices in Europe and the US.
UPDATED WITH JUDGMENT: A Peruvian judge has ordered the pre-trial detention of 14 arbitrators – including one who has sat at ICSID – for 18 months while they are investigated for allegedly taking bribes to favour scandal-hit construction company Odebrecht in a series of cases that cost the state more than US$250 million.
The Court of Appeal in The Hague has set aside an ICC award against a subsidiary of Venezuela’s state-owned oil and gas company PDVSA on the ground that the underlying contract was procured through corruption.
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