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Billion-dollar award against Venezuela reinstated

France’s Court of Cassation has reinstated a Canadian gold mining company’s US$1.6 billion investment treaty award against Venezuela, two years after key findings on quantum were set aside.

01 April 2021

UK energy company threatens Kazakhstan

A London-listed oil and gas company has instructed counsel for a threatened Energy Charter Treaty claim against Kazakhstan, where it potentially seeks hundreds of millions of dollars for the revocation of a licence and loss of its local operations.

01 April 2021

Ecuador faces second claim over Amazon oil projects

An Argentine-owned energy company is bringing an UNCITRAL claim against Ecuador over the termination of contracts to exploit Amazonian oil projects, a dispute that has already given rise to a US$515 million award against the state.

01 April 2021

ICC claim over nuclear fuel venture settles

A US nuclear fuel technology company has settled a joint venture dispute with a subsidiary of Électricité de France that was playing out in ICC arbitration in Geneva and litigation in Delaware.

01 April 2021

Two London boutiques join forces

PCB Litigation, a disputes boutique part-owned by Burford Capital, has merged with London fraud specialists Byrne and Partners to form a new firm handling "all forms of dispute resolution".

01 April 2021

Simmons & Simmons strengthens in Hong Kong

Gary Yin, who led the Hong Kong investigations and disputes practice at Chinese firm Jingtian & Gongcheng, has joined the partnership at Simmons & Simmons in Hong Kong.

01 April 2021

French court says suit against arbitrator belongs in Germany

A French court has held it lacks jurisdiction to hear a lawsuit against an arbitrator based in Germany whose failure to disclose links between his law firm and a party led to the annulment of an ICC award.

31 March 2021

SCC secretary general steps down to tackle climate change

Annette Magnusson is leaving her role as secretary general of the Arbitration Institute of the Stockholm Chamber of Commerce after 11 years to co-found a practice addressing climate change.

31 March 2021

Latvia case scrapped over failure to post security

A Ukrainian scrap metal investor has seen his ICSID claim against Latvia dismissed over his failure to post security for costs – after failing to disqualify the entire tribunal for allegedly making “sarcastic and derogatory” comments towards him.

31 March 2021

Who is sitting at ICSID?

Eight new panels have been formed at ICSID in the past four weeks, including first-time appointments for Jordan’s former prime minister Awn Shawkat Al-Khasawneh and ex-Lévy Kaufmann-Kohler partner Sabina Sacco.

31 March 2021

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