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Russian institution says it is not target of US sanctions
CORRECTION: One of Russia’s longest-running arbitral institutions has said it is not affected by recent US sanctions imposed on a separate entity that shares the same name as its parent organisation.
24 August 2023
Australian young group appoints first co-chairs
The under-45s group at the Australian Centre for International Commercial Arbitration (ACICA 45) has elected its first co-chairs and has appointed overseas lawyers on its steering committee for the first time.
23 August 2023
Packaging M&A leads to €400 million fraud claim
The German Arbitration Institute (DIS) is hearing a €400 million dispute over the acquisition of an Austrian packaging manufacturer whose former managers were accused of embezzlement and fraud, it has emerged.
23 August 2023
South African lender wins ICC dispute with Ugandan real estate group
CORRECTED: A South African investment fund has won almost US$36 million in a London-seated ICC case against a Ugandan businessman and his companies over repayment of a loan that financed a real estate development in Kampala.
23 August 2023
Tonova takes over at Pinsent Masons
Months after she joined Pinsent Masons as co-head of investor-state disputes, Sylvia Tonova has been promoted to co-head of the firm’s global international arbitration practice.
23 August 2023
SIAC seeks feedback on rules update
The Singapore International Arbitration Centre has launched a public consultation on the seventh edition of its rules.
22 August 2023
Brazilian contractor wins ICC award against PDVSA
An ICC tribunal has ordered Venezuela’s national oil and gas company PDVSA to pay around US$52 million to a Brazilian construction group for terminating contracts to build two gas processing facilities.
22 August 2023
UK court refuses to grant anti-suit injunction in aid of French arbitration
The Commercial Court in London has refused to grant an anti-suit injunction to support a Paris-seated ICC arbitration, saying it would be inconsistent with the French courts’ approach and go against the parties’ intentions.
22 August 2023
Clyde & Co energy disputes partner heads to US firm
David Hesse, who has a focus on energy disputes relating to Africa, has left Clyde & Co after six years to join the partnership at Hunton Andrews Kurth in London.
22 August 2023
Turkish construction group files ICSID claim against Saudi Arabia
A Turkish construction company that previously brought treaty claims against Libya and Syria has now lodged an ICSID case against Saudi Arabia, alleging it is the victim of a denial of justice in the country's courts.
22 August 2023