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Cairn pursues Air India over treaty award
Scotland’s Cairn Energy is targeting the assets of India's national airline as it seeks to enforce a US$1.3 billion investment treaty award.
17 May 2021
Germany faces more blowback from wind investors
A Dublin-based renewable energy company has become the second investor to launch an ICSID claim against Germany over legislative changes that disrupted plans to develop wind projects in the North Sea.
17 May 2021
British Virgin Islands defeats airline claim
The British Virgin Islands has defeated an ICDR claim worth more than US$10 million brought by two airline companies over a failed project to establish direct flights between Tortola and Miami – while vowing to pursue related litigation in its own courts.
17 May 2021
McDermott builds in London with partner hire
Michael Darowski has joined the partnership at McDermott Will & Emery in London after four years at Gowling WLG, bringing experience acting in a multibillion-dollar dispute with Iran’s national oil company.
17 May 2021
LCIA cases up in pandemic year
Despite the challenges of the pandemic, the LCIA had its highest caseload ever in 2020, with a 10% increase in referrals and an 18% increase in cases under LCIA rules, compared with 2019.
17 May 2021
New VPs and court members for LCIA
To coincide with the release of its annual report, the LCIA has welcomed prominent and diverse practitioners onto the LCIA Court, including 2 new vice presidents, and announced a new president of its European Users Council.
17 May 2021
DC court grants discovery for DIFC-LCIA case
As the US Supreme Court receives amicus briefs on whether US law permits discovery in aid of foreign commercial arbitrations, a court in Washington, DC, has found that a DIFC-LCIA proceeding qualifies for such assistance because the institution is “state-sponsored”.
14 May 2021
Singapore appeal court blocks cross-disclosure in BIT cases
The Singapore Court of Appeal has refused to allow India to cross-disclose documents between two BIT cases over multibillion-dollar tax demands – declining to rule on the common law position on confidentiality in investment treaty cases.
14 May 2021
Tanzanian power deal leads to award
The assignee of a UAE company has applied to enforce a US$30 million award stemming from a Tanzanian power deal, accusing US energy company Symbion Power and its executives of asset-stripping to evade payment.
14 May 2021
WATCH: GAR Connect Moscow Workshop
A full recording of our GAR Connect Moscow Workshop can be found here.
14 May 2021
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