• Search

Editor's Picks

Egypt claim clears hurdle after clash over nationality

Egypt claim clears hurdle after clash over nationality

13 February 2018

An UNCITRAL tribunal has allowed a Finnish businessman’s US$200 million investment treaty claim against Egypt to proceed to the merits after finding it did not have to determine whether he also held Egyptian nationality – and that in any event the relevant treaties do not bar claims by dual nationals.

Funded parties ordered to pay security for treaty award challenge

Funded parties ordered to pay security for treaty award challenge

12 February 2018

UPDATED. Three investors in a gas terminal that lost a treaty claim against ‎Pakistan have been ordered to pay security for the costs the state will incur in defending a challenge to the award - even though they are backed by a third-party funder that says it will pay an adverse costs order should the challenge fail.

Debevoise censured over “fraud” in casino dispute

Debevoise censured over “fraud” in casino dispute

02 February 2018

LINK TO AWARD ADDED: A SIAC tribunal has censured Debevoise & Plimpton and its Texan co-counsel for making misrepresentations in a dispute over the sale of a casino in Laos, it has emerged.

Dutch court lifts multibillion Kazakh asset freeze

Dutch court lifts multibillion Kazakh asset freeze

24 January 2018

A Dutch court has lifted an attachment order that led to the freezing of more than US$22 billion in assets owned by a Kazakhstan sovereign fund – after finding that the arbitral creditor that won the order concealed information from the court.

Yukos investors target Rosneft counsel with discovery requests

Yukos investors target Rosneft counsel with discovery requests

Premium article - 21 June 2017

UPDATED: The former majority shareholders in Yukos have asked the US courts to compel two lawyers, including a partner at Baker Botts, to produce evidence relating to allegations that Russia and its state-run oil company Rosneft manipulated the Armenian judiciary’s rulings in Yukos-related matters.

A year of the Pledge

A year of the Pledge

16 May 2017

It is a year since the launch of the Equal Representation in Arbitration Pledge – marked yesterday at GAR Live London, a drinks party at Freshfields Bruckhaus Deringer and the Who's Who Legal Awards.

Amsterdam court weighs into Yukos battle

Amsterdam court weighs into Yukos battle

Premium article - 10 May 2017

An Amsterdam court has ruled that Russia unlawfully drove Yukos into bankruptcy, a decision that could have a bearing on the efforts of the oil company’s former majority shareholders to collect on their US$50 billion Energy Charter Treaty award against the state.

Turkey and Iran see end to gas price review

Turkey and Iran see end to gas price review

Premium article - 22 November 2016

An ICC tribunal has granted Turkish state pipeline company BOTAŞ a retroactive cut in the price of gas from Iran worth several billion dollars while ordering it to pay part of the Iranian side’s legal and arbitration costs.

French Council of State rules on set-aside powers

French Council of State rules on set-aside powers

Premium article - 16 November 2016

France’s supreme administrative court has ruled for the first time on its power to review international arbitration awards arising from public contracts, partially setting aside an ICC award relating to a liquefied natural gas terminal on the country’s Mediterranean coast.

Telecom Italia sees off US$15 billion claim

Telecom Italia sees off US$15 billion claim

Premium article - 28 October 2016

In one of the largest commercial arbitrations of recent times, Telecom Italia has defeated a US$15 billion ICC claim brought by former business partners in Brazil who alleged they were deceived and coerced into settling a shareholder dispute more than a decade ago.