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Commercial Arbitration

Island airport gets payout in Hurricane Irma claim

Island airport gets payout in Hurricane Irma claim

21 August 2019

An UNCITRAL tribunal has awarded US$72 million in an insurance claim brought by the operator of an airport on a Caribbean island that was damaged by Hurricane Irma.

Samsung fights enforcement in Australia

Samsung fights enforcement in Australia

21 August 2019

A Spanish-owned construction company has applied to an Australian court to enforce a pair of awards against the construction arm of South Korea’s Samsung in a billion-dollar dispute over work on a mining project.

Hewlett Packard spin-off leads to hefty award

Hewlett Packard spin-off leads to hefty award

20 August 2019

California-based IT company Hewlett Packard Enterprise, or HPE, has been ordered to pay US$666 million in an arbitration arising from the spin-off of its IT services division two years ago.

Sierra Leone faces first ICSID claim

Sierra Leone faces first ICSID claim

16 August 2019

A subsidiary of a London-headquartered commodity trader has warned it will pursue ICSID and ICC claims against Sierra Leone after the government banned exports from its iron ore mine.

US court sides with GE in Nigerian LNG plant dispute

US court sides with GE in Nigerian LNG plant dispute

14 August 2019

A US court has dismissed an action brought by a Luxembourg company to compel arbitration of a US$500 million dispute with two subsidiaries of GE relating to an LNG project in Nigeria because the respondents are already participating in the arbitral proceedings to contest jurisdiction.

Kazakhstan defeats ICC claim over road project

Kazakhstan defeats ICC claim over road project

12 August 2019

An ICC tribunal has ruled in favour of a Kazakh state authority in a US$32 million dispute with an Italian-Kazakh joint venture over delays in the construction of a motorway between Almaty and the Chinese city of Khorgos.

Football star faces ICC claim from former agent

Football star faces ICC claim from former agent

09 August 2019

Argentine footballer and Juventus striker Paulo Dybala is facing a potential ICC claim worth almost €40 million from his former agent over image rights – amid reports that the dispute hindered his potential transfer to a new club.

Eni pays award over “frustrated” LNG import deal

Eni pays award over “frustrated” LNG import deal

08 August 2019

Italian energy company Eni has paid €330 million to satisfy an ICDR award after prevailing on its claim that a long-term contract for regasification and import services was frustrated by the shale gas revolution in the United States.

The role of state parties in contract-based arbitration

The role of state parties in contract-based arbitration

06 August 2019

A conference in Washington, DC organised by the Institute for Transnational Arbitration and the American Society of International Law examined the theory and practice of contract-based investment and commercial arbitration involving state actors. Gabriela Lopez of White & Case reports.

PDVSA defeats bulk of billion-dollar Conoco claim

PDVSA defeats bulk of billion-dollar Conoco claim

05 August 2019

Venezuela’s state-owned oil group PDVSA has defeated the bulk of a US$1.5 billion ICC claim brought by US energy company ConocoPhillips over the expropriation of an offshore oil project – just months after an ICSID tribunal ordered the state to pay a record award for seizing that and other assets.