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Eni consortium loses claim over LNG facility

An international consortium including Italy’s Eni has lost an arbitration against the operator of a liquefied natural gas facility in Mississippi over a long-term contract allegedly frustrated by the shale gas revolution in the United States.

30 July 2021

Lithuania faces air defence claim

Ukrainian investors in an air defence contractor have reportedly threatened a €140 million claim against Lithuania after its activities were halted because of national security concerns.

30 July 2021

Ecuador legislature condemns decision to rejoin ICSID

Ecuador’s National Assembly has condemned the government’s decision to rejoin the ICSID Convention and a recent Constitutional Court ruling that congressional approval for the treaty’s ratification was not required.

30 July 2021

ICC Court to build LGBTQIA network

The ICC International Court of Arbitration is to build a LGBTQIA network in its latest move to champion diversity and inclusivity

30 July 2021

Ecuador in “full default” as stay on Perenco award is lifted

Bahamian oil company Perenco says Ecuador has defaulted on an undertaking to pay a US$391 million ICSID award, as a US court lifts a stay on its enforcement.

29 July 2021

Spanish contractor to settle Panamanian hospital dispute

A Spanish construction company has reportedly agreed to withdraw a US$125 million ICC claim against a Panamanian state entity over a hospital project that was disrupted by a bribery investigation and the covid-19 pandemic.

29 July 2021

Dana Gas declares quick win in dispute over Egyptian sale

Emirati energy company Dana Gas says it has defeated an LCIA claim brought by a US energy group over the aborted sale of Egyptian assets, less than three months after it was filed.

29 July 2021

White & Case and Jones Day hire in Australia

Two US firms have bulked up their disputes practices in Australia, with White & Case hiring Lee Carroll as partner in Melbourne and Jones Day adding of counsel Debra Osborn in Perth.

29 July 2021

Russia on the hook again over Yukos

A Geneva-seated tribunal has reportedly ordered Russia to pay US$5 billion to a former affiliate of Yukos, in one of the second wave of treaty claims filed over the oil company’s collapse.

28 July 2021

Ukrainian banker avoids suit over Firtash settlement

The Commercial Court in London has refused to hear a claim against the former owner of a defunct Ukrainian bank over the proceeds of an arbitration settlement he negotiated with Ukrainian oligarch Dmitry Firtash.

28 July 2021

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