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South Sudan loses challenge to telecoms award
The Swiss Federal Supreme Court has rejected South Sudan’s bid to overturn a partial award in a US$2.7 billion ICC dispute with a Lebanese-owned mobile operator over a licence issued before the state gained independence.
31 August 2023
Market manipulation scheme leads to set-aside in Hong Kong
A Hong Kong court has upheld a jurisdictional challenge to an HKIAC award in favour of the daughter of a jailed Chinese pharmaceuticals executive – relying on new evidence that emerged through criminal proceedings over a market manipulation scheme.
31 August 2023
Grenada settles ICSID case over hotel resort
Grenada has reached an agreement with a group of US investors to settle a US$200 million ICSID case over a stalled project to develop a luxury hotel resort.
31 August 2023
Gearing joins Hong Kong chambers
Matthew Gearing KC, former co-head of international arbitration at Allen & Overy, has joined Temple Chambers in Hong Kong as an arbitrator member.
31 August 2023
Argentine highway dispute returns to ICSID
Spanish infrastructure group Abertis has filed an ICSID claim against Argentina over highway concessions – more than six years after settling an earlier case at the centre.
30 August 2023
Madagascar knocks out telecoms claim
A split ICSID tribunal has refused to hear a treaty claim brought against Madagascar by a pair of Mauritian telecoms companies.
30 August 2023
Laurie Craig 1933-2023
Laurie Craig, who led the legendary Coudert Brothers international arbitration group in Paris, where he helped shape modern arbitral practice and was a teacher and mentor to many leading figures in the field, has died aged 89.
30 August 2023
Swiss trader defeats claim over Congo oil field
An ICC tribunal has declined to hear a UK energy company’s US$200 million claim against a Swiss commodities trader over an oil field in the Republic of the Congo – finding no basis to extend an arbitration clause to non-signatories.
29 August 2023
Banking group brings ICSID claim against DRC
The Democratic Republic of the Congo is facing a new ICSID case from a Swiss banking group, as ICC claims by a Kazakh-owned mining group and a South African law firm also come to light.
29 August 2023
ICSID panel orders Huawei to disclose Swedish contracts
An ICSID tribunal hearing Huawei’s claim against Sweden over its exclusion from the rollout of 5G has ordered the Chinese group to produce unredacted versions of its contracts with mobile network operators in the country.
25 August 2023