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Shook Hardy practice head goes solo

Carlos Concepción has left his role as chair of the global arbitration practice at Shook Hardy & Bacon to practise independently as arbitrator and counsel in Miami.

30 August 2022

How Italy’s ban on offshore drilling fell foul of the Energy Charter Treaty

EXCLUSIVE: GAR unpacks how Italy’s decision to ban offshore drilling near its coastline led to the state being ordered to pay more than €190 million plus interest to a UK company for breaching the Energy Charter Treaty.

26 August 2022

Perenco takes Ecuador award to UK and Singapore

Bahamian oil company Perenco says it has registered its US$412 million ICSID award against Ecuador in the courts of Singapore and the UK, as the Latin American state challenges an unrelated award in favour of a Singaporean oil company.

26 August 2022

Private rights in space: a legal black hole?

An event at King & Spalding’s office in Washington, DC, brought together industry experts to discuss private rights in space, space diplomacy and the proper approach for resolving space-related disputes. Ignacio Rosales, LLM candidate at American University, reports.

26 August 2022

Steinmetz group tries to revive claim against Guinea

A mining group founded by Israeli businessman Beny Steinmetz that saw its US$5 billion ICSID claim against Guinea thrown out because of “overwhelming evidence” of corruption has applied to annul the award.

25 August 2022

Pestalozzi hires from Bär & Karrer

Alexandra Johnson is joining the partnership at Pestalozzi in Geneva after nearly six years at Bär & Karrer.

25 August 2022

UK oil company wins ECT award against Italy

London-listed oil and gas company Rockhopper Exploration says it has won €190 million plus interest in an Energy Charter Treaty claim over Italy’s refusal to grant a concession for an oilfield on the country’s Adriatic coast.

24 August 2022

Turkish investor puts Yemen on notice over road project

A Turkish construction company has threatened Yemen with a US$660 million treaty claim over a road project it says was disrupted by the seizure of equipment and raids and intimidation by paramilitary units.

24 August 2022

Funder backs Singapore investor’s claim against China

A Singaporean group has secured third-party funding for a US$170 million treaty claim against China over the curtailment of its phosphate mining activities to make way for a panda reserve.

24 August 2022

Nigerian national oil company settles multibillion-dollar disputes

The Nigerian National Petroleum Corporation has settled long-running disputes with several international oil companies that led to hefty awards against the state-owned entity.

23 August 2022

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