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Chevron foe guilty of contempt in Ecuador dispute

US lawyer Steven Donziger has been found guilty of criminal contempt for refusing to hand over evidence in a long-running dispute with Chevron over pollution in the Amazon rainforest, which led to a landmark treaty claim against Ecuador.

28 July 2021

Laos denied injunction in pursuit of “alter egos”

A federal court in Idaho has refused to grant Laos a preliminary injunction as it targets the assets of a US businessman behind two unsuccessful investment treaty claims.

28 July 2021

“Grand corruption”: Dutch panel rules against dos Santos

A Dutch-seated tribunal has ordered an entity owned by billionaire Isabel dos Santos to return shares worth over €650 million to Angola’s national oil and gas company, ruling they were acquired illegally.

27 July 2021

Port operator threatens claim against Honduras

The Manila-based operator of one of Central America’s largest ports has reportedly threatened Honduras with an ICSID claim, alleging that its US$250 million concession has been jeopardised by plans for a rival container terminal.

27 July 2021

Zimbabwe faces US enforcement bid

A Swiss-German family have applied to a US court to enforce an ICSID award against Zimbabwe now worth more than US$274 million, which compensated them for land expropriations carried out by the government of former president Robert Mugabe.

27 July 2021

The Olympic Games: Citius, Altius, Fortius and litigious?

The Games of the XXXII Olympiad have begun, played under the Olympic motto of "Citius, Altius, Fortius" (faster, higher, stronger). But to what extent will the Tokyo Olympic Games also be litigious? Mark Mangan, Ananya Mitra and Miranda Elvidge of Dechert consider the categories of disputes that may arise.

27 July 2021

Brazilian distributor wins billion-dollar dispute with Hyundai

An ICC tribunal in Frankfurt has ruled in a billion-dollar dispute over a distributor’s right to import Hyundai cars to Brazil, ruling the Korean company had no basis for refusing to renew their contract for another decade.

26 July 2021

Award surfaces in Georgian oil block dispute

The tribunal that ruled against Houston-based Frontera Resources in a multibillion-dollar dispute over a Georgian oil and gas block found no evidence that the company had made a discovery or drilled any wells at the site, it has emerged.

26 July 2021

ICSID annulment proceedings analysed in BIICL and Baker Botts study

ICSID annulment proceedings are on the rise but their success rate remains low, according to the a comprehensive empirical study published today by the British Institute of International Comparative Law and Baker Botts.

26 July 2021

Arbitrators embark on third set of deliberations in Bahrain case

A trio of arbitrators is to embark on a third set of deliberations in the first known investment treaty case against Bahrain, following the unexpected deaths of two members of the original tribunal in a single year and as a massive related money-laundering case plays out in court in the Gulf state.

26 July 2021

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