News & Analysis
- About Us
The Singapore Court of Appeal has upheld an award on liability that led to a Manila gaming resort owner being ordered to pay US$296 million to a Las Vegas casino operator – rejecting allegations that the successful party and its counsel fraudulently misled the tribunal.
19 February 2021
Brazil’s national oil and gas company Petrobras has asked the US Supreme Court to halt the enforcement of an ICDR award that required it to pay US$700 million to an offshore drilling company for terminating a contract allegedly procured through bribery.
03 February 2021
Brazil's Petrobras has been ordered to pay damages in a US$570 million ICC dispute over an offshore oil and gas project after it "effectively abandoned" allegations that the claimant had engaged in bribery and bid-rigging.
29 January 2021
A court in Geneva has found Israeli-French billionaire Beny Steinmetz guilty of paying bribes to secure mining rights in Guinea – allegations that have also been the subject of ICSID and LCIA arbitrations.
22 January 2021
A Swiss court has upheld an ICC award that blocked a Panamanian company from recovering agency commissions from a client after it emerged the agent’s founder had paid “kickbacks” to one of the client’s employees.
21 January 2021
Israeli businessman Beny Steinmetz will face charges that he paid bribes to secure mining rights in Guinea during his criminal trial in Geneva starting on Monday, allegations that have also spawned LCIA and ICSID claims and a fraud suit in London.
08 January 2021
A Lagos court has upheld a US$1.7 billion award won by Nigeria’s national oil and gas company in a dispute with a local producer over the termination of exploration agreements that later became the subject of a corruption probe.
09 December 2020
A banker who accused Montenegro’s president of corruption has launched a €500 million treaty claim against the Balkan state over alleged politically motivated actions taken against his investments.
04 December 2020
A joint venture between French telecoms group Orange and Kuwaiti logistics group Agility has asked a US court to compel Dechert to produce documents concerning an alleged bribery scheme in Iraq for use in a US$1 billion ICC arbitration over its stake in a Kurdish mobile operator.
01 December 2020
An arbitral tribunal has reportedly upheld jurisdiction over a third-party funded claim worth up to US$35 billion brought against Brazil by a minority shareholder in Petrobras over losses the state-owned oil company sustained as a result of the Lava Jato corruption probe.
25 November 2020
Get unlimited access to all Global Arbitration Review content