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A US company has filed a US$590 million ICSID claim against Nicaragua over its investment in an avocado plantation that was allegedly destroyed by armed paramilitary forces.

07 April 2021

A US agribusiness investor and JP Morgan have threatened Mexico with a NAFTA claim after they were unable to seize property owned by a local sugar mill business that had defaulted on two mortgages.

07 April 2021

A US court has enforced a US$253 million ICSID award against Venezuela, the second of two awards won by a Luxembourg steelmaker following the nationalisation of the country’s steel industry.

07 April 2021

Ukraine’s road authority is to file an arbitration after a FIDIC adjudicator ordered it to pay €10 million to a Chinese state-owned company for terminating a road repair contract.

07 April 2021

An ICSID annulment committee has upheld a €110 million award against Albania won by a group of Italian investors over the expropriation of a television company – rejecting arguments that the tribunal had failed to state its reasoning.

06 April 2021

Toby Landau QC has officially left Essex Court Chambers after China’s imposition of sanctions and will be a sole practitioner in London and a member of the newly launched Duxton Hill Chambers in Singapore.

06 April 2021

More details have surfaced about a US$600 million SIAC case over the breakdown of an Indonesian mining deal, which will see Singaporean and US law firms face off.

06 April 2021

Iraq is to become the 168th signatory of the New York Convention after passing an accession law as part of its ongoing reconstruction programme after the US-led ousting of Saddam Hussein and the years of instability that have followed.

06 April 2021

The ICC has joined forces with legal tech company Jus Mundi to provide free access to publishable ICC awards.

06 April 2021

UPDATED: Leading international arbitration practitioner Emmanuel Gaillard has died suddenly at the age of 69.

02 April 2021