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Colombia faces second ICSID claim over refinery project

A US-owned engineering company has launched an ICSID claim against Colombia after being hit with a billion-dollar fine following an investigation into a troubled oil refinery expansion project – as a Spanish water utility instructs counsel for another claim against the state.

07 April 2022

Russian state-owned energy group threatens Lithuania

Russian state-owned energy group Inter RAO has threatened Lithuania with a treaty claim.

07 April 2022

E-bike crash raised my awareness of disability, says van den Berg

Albert Jan van den Berg has spoken about how a crash on his e-bike raised his awareness of the challenges of disability, which he is now seeking to highlight in the international arbitration community.

07 April 2022

German investment fund behind latest Spain claim

Three dozen subsidiaries of a German investment fund have launched the latest Energy Charter Treaty arbitration against Spain over reforms to its subsidy regime for renewable energy.

07 April 2022

Cash-stuffed Louis Vuitton bag helps sink Gabon award

A Paris court has overturned a US$180 million ICC award against Gabon after finding sufficient evidence that public works contracts at the heart of the dispute were procured through corruption – including the alleged delivery to a minister of a cash-stuffed Louis Vuitton bag.

06 April 2022

Yemeni businessman threatens Uganda over market project

A Yemeni businessman has threatened Uganda with an almost US$860 million ICSID claim over the alleged expropriation of his investment in a project to redevelop one of Africa’s largest open markets.

06 April 2022

Dispute over Nigerian oil field loan must be arbitrated

An English court has ordered a Nigerian energy conglomerate to fight its dispute over a US$1.7 billion oil field debt in ICC arbitration, finding a group of lenders did not waive their right to arbitrate by appealing a Nigerian court ruling.

06 April 2022

Indian firm boosts Singapore office with partner hire

Kartikey Mahajan has left Shardul Amarchand Mangaldas to join the partnership at Khaitan & Co in Singapore, as the Indian firm looks to build its disputes practice in its first overseas office.

06 April 2022

Emergency arbitrator restrains Cameroon in mining dispute

An Australian mining company says it has won an interim order from an emergency arbitrator barring Cameroon from granting exploration rights to an iron ore deposit while their ICC dispute over the project is ongoing.

05 April 2022

Greek state entity defeats Stockholm set aside bid

Greece’s state-owned gas company Depa has defeated an attempt by Turkish counterpart Botaş to have a Stockholm court set aside a US$227 million ICC award over the price of gas supplied under a pipeline deal.

05 April 2022

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