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US broadcaster threatens Poland over foreign ownership law

The US television company behind the Discovery Channel has threatened Poland with an investment treaty claim over new laws that would ban foreign ownership of media companies in the country.

16 August 2021

Belarus defeats bulk of claim over leisure complex

An ad hoc tribunal has reportedly dismissed the bulk of a Russian construction company’s US$176 million claim against Belarus over a hotel and leisure development in Minsk.

16 August 2021

Chile hit with claim over airport pandemic disruption

Two French airport operators have made good on their threat to bring an ICSID claim against Chile after their concession for Santiago’s international airport was disrupted by the state’s response to the coronavirus pandemic.

16 August 2021

China publishes draft revised law

TRANSLATION ADDED: On 30 July, China's Ministry of Justice published a consultation draft of revisions to the Chinese Arbitration Law that would considerably liberalise its arbitration infrastructure. Fangda Partners’ Lin Yanhua and Matthew Townsend identify some key takeaways for international parties from the recently circulated draft amendments.

09 August 2021

Iran's Central Bank takes on Bahrain

With tensions between Iran and Bahrain running high in part owing to recent criminal verdicts and an ongoing treaty arbitration, the Central Bank of Iran has reported that it has begun a fresh claim of around US$1 billion against Bahrain over investments in the banking sector allegedly lost in the aftermath of the 2015 Iran nuclear deal.

09 August 2021

Bahrain announces criminal verdict as deliberations under way

Bahrain has announced the outcome of criminal proceedings regarding the activities of Iranian banks, as deliberations are under way in a sensitive investment treaty case over whether one of the banks was the victim of a politically-motivated expropriation.

09 August 2021

Insurer seeks to enforce against Ghana university

Insurance company Chubb has asked a US court to enforce a US$165 million ruling against the University of Ghana in a dispute arising from a failed campus expansion project – as the parties clash over whether the decision is an arbitration award.

09 August 2021

Amazon can enforce emergency award in India

India’s highest court has ruled the country does recognise emergency arbitration awards, upholding enforcement of one secured by Amazon in a SIAC dispute stalling its local business partner from completing of a US$3.4 billion asset sale.

06 August 2021

BP defeats claim over tax liabilities

An AAA tribunal has dismissed a US$55 million claim against BP by subsidiaries of a Bermudan deepwater drilling contractor over tax liabilities.

06 August 2021

Jones Day renews discovery bid in Bühler dispute

Jones Day has once again asked a US court to force Orrick Herrington & Sutcliffe to testify in a JAMS claim it is bringing against former partner Michael Bühler, whose move between the firms led to an arbitrator being replaced in an ICC case and an ensuing dispute over fees.

06 August 2021

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