• Search

Editor's Picks

Funded parties ordered to pay security for treaty award challenge

Funded parties ordered to pay security for treaty award challenge

Premium article - 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

Premium article - 02 February 2018

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

Premium article - 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.

Total defeats US$22 billion claim

Total defeats US$22 billion claim

Premium article - 07 November 2017

A defunct subsidiary of French energy group Total has seen off a US$22.4 billion UNCITRAL claim brought by two Russian provinces – ending an eight-year dispute that for a time became notorious in France and gave rise to a criminal investigation targeting two of the original arbitrators.

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.

Abu Dhabi fund won’t challenge Citigroup award

Abu Dhabi fund won’t challenge Citigroup award

Premium article - 22 March 2017

A United Arab Emirates sovereign wealth fund that lost a US$2 billion ICDR claim against Citigroup over alleged mismanagement during the 2008 global financial crisis says it does not intend to challenge the now public award.

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.