Global Arbitration Review - Arbitration News, Features and Reviews
Newly published papers in a US$2 billion ICSID case brought by US oil company Interocean against Nigeria reveal how the case was rocked by emails from an unknown source that cast doubt over how the state’s defence was being funded.
A decision on a challenge to the entire tribunal hearing Interocean’s US$2 billion ICSID claim against Nigeria has been published – rejecting arguments that the arbitrators made comments questioning the integrity of the state’s counsel, failed to make relevant disclosures and were responsible for numerous procedural irregularities.
Samantha Nataf, a newly appointed member of the ICC International Court of Arbitration who handled disputes over orbital rights in outer space while an associate at Dechert, has joined Paris firm De Gaulle Fleurance & Associés as a partner specialising in international arbitration.
Ecuador’s attorney general has said the state will apply to annul an investment treaty award that held it liable for a denial of justice in a US$9.5 billion dispute with Chevron over environmental contamination in the Amazon – also stating that it will renegotiate its contracts with external counsel.
The first known award of an emergency arbitrator in mainland China has been issued in a case under the rules of the Beijing Arbitration Commission and immediately enforced in Hong Kong.
An embattled Quebec construction company that won an ICC award against Algeria’s national airline over the termination of a US$100 million contract has failed to overturn some of the arbitrators’ findings on damages.
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’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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British Virgin Islands International Arbitration Centre (BVIIAC)
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Cosmin Vasile and Alina Tugearu
Zamfirescu Racoti & Partners (Bucharest)
John Margie and Derrick Dodgson
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