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Korean company defeats US suit over nuclear technology

A court in Washington, DC has thrown out a US power company’s lawsuit against its former Korean partner over the export of nuclear reactor technology – as a Seoul-seated arbitration continues.

22 September 2023

Italian court won’t enforce partially annulled ICC award

An Italian court has ruled it has no power to enforce the surviving parts of an ICC award relating to a Malaysian steel plant after it was partially set aside at the seat of the arbitration in Singapore.

22 September 2023

Korean boutique’s practice head moves to Shin & Kim

Young Suk Park has left his role as head of the international arbitration practice at Korean boutique KL Partners to lead the international disputes team at Shin & Kim in Seoul.

22 September 2023

Guatemalan renewables investors bring claim against Honduras

A pair of Guatemalan renewable energy investors are pursuing a DR-CAFTA claim against Honduras, as a group of US claimants drop their bid to revive a case against Nicaragua under the same free trade agreement.

22 September 2023

Oxy pays Yemen to settle ICC awards

Houston’s Occidental Petroleum has agreed to pay a net sum to Yemen to settle awards rendered in two ICC arbitrations relating to the same oil block, bringing an end to enforcement proceedings in Delaware.

22 September 2023

Film release marks Cairo centre's anniversary

A documentary film looking at key moments in the history of international arbitration and how it has transformed international trade and development in Africa and Asia has been released to mark the 40th anniversary of the Cairo Centre for Regional Commercial Arbitration.

22 September 2023

Repsol brings claim against LNG supplier

Spanish energy company Repsol has reportedly filed a US$100 million ICC claim against US exporter Venture Global – the fourth known case the supplier is facing over its alleged failure to provide contracted deliveries of liquefied natural gas.

21 September 2023

UK appeal court grants anti-suit injunction in aid of French arbitration

The Court of Appeal in London has restrained a party to a pending Paris-seated ICC arbitration from pursuing litigation in the Russian courts, overturning an earlier ruling that declined to issue the relief.

21 September 2023

Privy Council stays Cayman winding-up in favour of arbitration

The Privy Council in London has held that a Cayman court petition to wind up the operator of a billion-dollar Chinese convenience store business should be stayed because the matters at the heart of the petition fall within the scope of a Beijing-seated ICC arbitration clause.

21 September 2023

Serbia defeats Bulgarian miner’s ICSID claim

An ICSID tribunal has rejected a Bulgarian company’s €35 million claim against Serbia over the alleged expropriation of an underwater coal mine.

20 September 2023

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