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Commercial Arbitration

Florida court enforces Venezuelan mining award

Florida court enforces Venezuelan mining award

25 September 2020

A Florida court has enforced a US$188 million award against a Venezuelan state-owned entity over an iron ore project that buckled during economic turmoil in the wake of the death of the country’s former president Hugo Chávez.

Mayer Brown arbitrator spared injunction in Hong Kong

Mayer Brown arbitrator spared injunction in Hong Kong

25 September 2020

A Hong Kong judge has refused to restrain Mayer Brown partner Thomas So from continuing to act as a sole arbitrator in an HKIAC dispute between former partners at a local law firm pending a court action over his alleged lack of impartiality.

Ammonia pipeline award upheld in Ukraine

Ammonia pipeline award upheld in Ukraine

24 September 2020

The Supreme Court of Ukraine has dismissed a Russian chemicals group’s challenge to an award won by the Ukrainian state-owned operator of the world’s longest ammonia pipeline in a US$190 million dispute over transit tariffs.

Rio Tinto gas price review claim not time-barred

Rio Tinto gas price review claim not time-barred

24 September 2020

An Australian court has ruled that Rio Tinto mining entities can pursue a price review claim against a Chevron consortium, finding that a time stipulation in their gas sale agreement was not essential.

US court split on discovery scope deepens

US court split on discovery scope deepens

23 September 2020

A US appeals court has refused to allow an electronics supplier to obtain evidence for use in a UK-seated arbitration – deepening a divide in the country’s courts on whether they can grant discovery in aid of foreign commercial arbitrations.

Leonardo wins fight over superbug laser treatment

Leonardo wins fight over superbug laser treatment

23 September 2020

A subsidiary of Italian defence contractor Leonardo has prevailed in a US$225 million ICDR dispute concerning a halted project to use laser technology to combat nasal superbugs.

Vedanta award enforced against India

Vedanta award enforced against India

23 September 2020

The Indian Supreme Court has enforced a US$278 million UNCITRAL award won by a subsidiary of Vedanta Resources and its partners against India, rejecting the state’s arguments that the enforcement petition was time-barred.

Angolan state entity wins Dutch asset freeze

Angolan state entity wins Dutch asset freeze

22 September 2020

A Dutch court has frozen assets controlled by the husband of embattled Angolan billionaire Isabel dos Santos in support of two arbitrations over a share purchase that is the subject of a criminal investigation for alleged money laundering and embezzlement.

Interim award upheld in mega-claim over Iranian gas

Interim award upheld in mega-claim over Iranian gas

22 September 2020

Iran’s national oil company has failed to overturn an interim award in favour of the UAE’s Crescent Petroleum in an US$18.6 billion dispute over a terminated gas supply deal.

Russian software group denied discovery in Delaware

Russian software group denied discovery in Delaware

21 September 2020

A Delaware court has refused a Russian software group’s bid for discovery from the private equity arm of JPMorgan Chase for use in a pair of LCIA arbitrations worth at least US$65 million, ruling that commercial arbitrations are not eligible for such relief.