All articles

Malaysian court recognises ICSID award against Zimbabwe

A Malaysian court has recognised a US$200 million ICSID award against Zimbabwe, in what counsel are calling a first of its kind decision.

16 February 2024

Baker Botts promotes in London

New Zealand-qualified barrister and solicitor David Turner has been promoted to the partnership at Baker Botts in London.

16 February 2024

Owners of Ukrainian grain group fail to lift asset freeze

An English court has upheld a freezing order against the owners of a Ukrainian grain terminal operator in support of a US$150 million LCIA arbitration over loan guarantees.

15 February 2024

Court clerk faces criminal probe in Sulu dispute

A Spanish court clerk is facing a criminal investigation over his role in communicating a decision to annul the appointment of an arbitrator who went on to issue a US$15 billion award against Malaysia.

15 February 2024

US court finds Zimbabwe is alter ego of state-owned entity

A US court has refused to dismiss a South African mining group’s bid to collect on a US$50 million ICC award against a Zimbabwean state-owned mining company, finding that it can be considered an alter ego of Zimbabwe.

15 February 2024

Shell and Exxon launch claim over phase-out of Dutch gas field

Shell and ExxonMobil have filed a contractual arbitration against the Netherlands over arrangements for the closure of the largest natural gas field in Europe.

14 February 2024

Uruguay liable in airline dispute

A private equity-backed Panamanian entity has won US$56.5 million in its ICSID claim against Uruguay over the collapse of the country’s flag carrier airline – while the state says it knocked out 94% of damages sought.

14 February 2024

Germany publishes new draft law

Germany’s Federal Ministry of Justice has published the draft of its long-awaited reforms to the country’s arbitration law – with practitioners welcoming provisions on digitalised proceedings and English documents being permitted in arbitration-related litigation.

14 February 2024

Who is sitting at ICSID?

Nine panels have formed at ICSID in recent weeks, including a first appointment at the centre for Debevoise & Plimpton’s former co-chair of dispute resolution David W Rivkin.

14 February 2024

Oxy agrees to settle dispute with Ecuador oil block partner

Occidental Petroleum says it has reached a preliminary settlement with its Chinese former partner in an Ecuadorean oil block to settle a long-running fight over the proceeds of an ICSID award.

13 February 2024

Unlock unlimited access to all Global Arbitration Review content