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Ukrainian bank’s billion-dollar award against Russia surfaces

A Ukrainian state-owned bank has applied to a US court to enforce a US$1.1 billion investment treaty award against Russia, putting the award in the public domain.

22 March 2023

Germany denies ECT protections to Russian investors

Germany has invoked the Energy Charter Treaty’s denial of benefits clause in an apparent bid to forestall claims by Russian investors over measures taken in response to the war in Ukraine.

22 March 2023

Norway faces third snow crab claim

A third Baltic fishing company has brought an ICSID claim against Norway over rights to fish for snow crab, under a treaty that is just days away from being terminated.

22 March 2023

Born’s new identity

After making his name as counsel, arbitrator and author of an authoritative treatise on international commercial arbitration, Gary Born has a surprising new identity as a spy-thriller writer.

22 March 2023

Agility wins bribery claim against Iraqi mobile operator

Kuwaiti logistics group Agility says two of its affiliates have won US$1.65 billion in an ICC claim against an Iraqi mobile operator that was found to have engaged in bribery and corruption.

21 March 2023

KPMG barred from snow crab case at ICSID

An ICSID tribunal has barred KPMG from advising Norway in a €400 million dispute over snow-crab fishing because of a “clear conflict of interest” – while refusing to disqualify Norwegian firm Wikborg Rein from acting for the state.

21 March 2023

Turkish group warns Serbia over e-ticket system

A Turkish transport technology company has reportedly threatened to bring a treaty claim against Serbia over a cancelled contract to provide electronic ticketing services for Belgrade’s public transport system.

21 March 2023

Uniper withdraws ECT claim

Uniper has withdrawn its controversial Energy Charter Treaty claim against the Netherlands over climate change legislation as a condition of a €34.5 billion bailout from the German government.

21 March 2023

Dechert promotes in DC

David Attanasio, who recently helped a Hungarian oil and gas group win a US$237 million award against Croatia, has been promoted to counsel at Dechert in Washington, DC.

21 March 2023

BVI court finds ICC awards go against Thai public policy

A court in the British Virgin Islands has refused to enforce compound interest awarded in an ICC dispute between two Thai businessmen after finding that it conflicts with Thai public policy.

20 March 2023

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