• Search

Commercial Arbitration

“Alter ego” seeks foreign assistance in Moroccan hotel dispute

“Alter ego” seeks foreign assistance in Moroccan hotel dispute

20 June 2019

A US court has sought judicial assistance from Dutch and Luxembourg authorities in procuring evidence to support a Delaware holding company’s defence that it is not liable for a US$59 million ICC award arising from a dispute over a luxury hotel in Morocco.

Albania liable for expropriating TV station

Albania liable for expropriating TV station

19 June 2019

An ICSID tribunal has ordered Albania to pay €110 million to a group of Italian investors for the expropriation of a television company, finding there was evidence to suggest it was the target of a politically motivated campaign.

Shipbuilder fails to enforce against Venezuela

Shipbuilder fails to enforce against Venezuela

19 June 2019

A US court has refused to enforce a US shipbuilder’s US$129 million award against Venezuela’s ministry of defence in a 17-year dispute over a contract to upgrade two missile-armed navy frigates.

Occidental brings claim against adviser over oil deal conflict

Occidental brings claim against adviser over oil deal conflict

14 June 2019

Houston-based Occidental Petroleum is reportedly pursuing arbitration against a New York corporate advisory firm over its work for a rival bidder in a recent takeover battle for US oil company Anadarko.

Linklaters hires Dutch practice head from NautaDutilh

Linklaters hires Dutch practice head from NautaDutilh

14 June 2019

Prominent Dutch practitioner Gerard Meijer has joined Linklaters to lead its arbitration practice in Amsterdam.

Kenyan state entity beats bulk of LCIA claim

Kenyan state entity beats bulk of LCIA claim

14 June 2019

A Kenyan state-owned entity has reportedly defeated the bulk of a US$26 million LCIA claim brought by a UK energy company over debts owed for drilling geothermal wells.

South Korea threatened with ICSID claim over “smart city”

South Korea threatened with ICSID claim over “smart city”

11 June 2019

A US family-owned real estate company has threatened to bring a US$2 billion ICSID claim against South Korea over the alleged expropriation of its investment in a project to build a sustainable city near Seoul – with a related ICC claim already underway.

Brazilian airline’s Cayman enforcement appeal blocked

Brazilian airline’s Cayman enforcement appeal blocked

10 June 2019

The Court of Appeal of the Cayman Islands has refused to grant a Brazilian airline leave to appeal a decision denying enforcement of a US$55 million ICC award issued a decade ago – ruling it was “plain” that two private equity funds that were found liable were not parties to the arbitration agreement.

Award against state fertiliser company enforced in Ukraine

Award against state fertiliser company enforced in Ukraine

10 June 2019

The Kiev Court of Appeal has enforced a US$260 million Stockholm Chamber of Commerce award against the Ukrainian state-owned operator of a fertiliser plant on the coast of the Black Sea.

Zambian state entity fails to revive derivative claim

Zambian state entity fails to revive derivative claim

07 June 2019

An English court has upheld an UNCITRAL tribunal's decision to bar a Zambian state-owned entity from pursuing a derivative claim against a subsidiary of Canadian mining company First Quantum on behalf of their joint venture vehicle.