Lithuania hit with claim over bank collapse

A Latvian businessman has lodged an ICSID claim against Lithuania concerning deposits in a bank that was declared insolvent five years ago.

Turkmenistan faces two new ICSID claims

ICSID has registered two new claims against Turkmenistan brought by Turkish and German parties, the latest in a line of cases the state has faced from investors in the construction sector amid allegations of state interference in projects and termination of contracts without payment.

Crimea awards upheld in Switzerland

The Swiss Federal Supreme Court has rejected Russia’s challenge to a pair of investment treaty awards that upheld jurisdiction over claims by Ukrainian investors over property in Crimea – announcing its decision after a rare public deliberation.

Elevator maker’s claim against South Korea lifts off

Swiss based elevator maker Schindler has filed a US$300 million investment treaty claim against South Korea, accusing the state’s financial regulators of illegally approving capital increases in a Hyundai elevator business in which it holds a stake.
White & Case promotes six

White & Case has named six new partners in its international arbitration group in London, Paris, Frankfurt, Geneva, New York and Dubai.
Freezing order upheld in aid of tech dispute in Zurich

The High Court in London has upheld a worldwide freezing order against a British environmental waste management group and one of its directors pending an arbitration with a Turkish joint venture partner that is being heard in Zurich under ICC rules.

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Editor's picks

Achmea does not apply to ICSID cases, tribunal rules

An eminent tribunal hearing an intra-EU bilateral investment treaty claim against Hungary has ruled that the Achmea judgment does not apply to ICSID arbitration, after denying the European Commission the chance to make submissions on its effects.

Petrobras urges court to examine “bribery scheme”

Brazil’s state-run oil and gas company Petrobras has urged a US court not to enforce a US$622 million award arising from a contract allegedly procured through bribery of public officials – but the Cayman entity that won the award says no “redo” of the arbitration is allowed.

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Gar arbitration review of the americas 2019 230x67

The Arbitration Review of the Americas 2019

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BVI International Arbitration Centre

Francois Lassalle

British Virgin Islands International Arbitration Centre (BVIIAC)

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FTI Consulting

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