A Singapore court has enforced a DIAC award rendered under an arbitration clause specifying the now-defunct DIFC-LCIA – but only because the respondent had submitted to the tribunal’s jurisdiction.
18 March 2024
The Dutch Supreme Court has refused to reinstate a technology developer’s US$116 million award against an affiliate of Chinese social media platform Weibo that was set aside because of the lack of a valid arbitration agreement.
15 March 2024
The French Court of Cassation is poised to rule on whether an allegedly corrupt “wedding gift” to Libreville’s former mayor justified the annulment of an ICC award against Gabon – a case that practitioners hope will settle controversy over the French courts’ approach to corruption allegations. Kevin Cubeddu of Latham & Watkins, who attended the court hearing last month, reports.
14 March 2024
A US court has upheld UNCITRAL awards totalling US$197 million against the Peruvian municipality of Lima in two arbitrations with an Odebrecht-linked consortium over a highway concession, rejecting allegations of fraud.
13 March 2024
Ecuador says that Australian engineering company Worley has paid US$6 million to satisfy a costs award from its failed US$145 million treaty claim, which was thrown out last year based on findings of illegality.
01 March 2024
The Commercial Court in London has overturned the enforcement of a £70 million award purportedly rendered at a Kuwaiti arbitral institution, finding it was a “fabrication” and that the arbitration had never happened.
29 February 2024
The Paris Court of Appeal has upheld its earlier ruling permitting Libya to appeal the enforcement of a €280 million award – the third judgment the court has issued in recent months involving the state or entities it owns.
27 February 2024
Three US entities that were assigned the rights to a US$111 million investment treaty award against India over a cancelled satellite deal have been allowed to intervene in French enforcement proceedings – as an appeal over a related award heads to the US Supreme Court.
21 February 2024
A Dutch appeal court has rejected Russia’s arguments that awards worth US$60 billion in favour of the former majority shareholders of Yukos were tainted by procedural fraud, finding that the allegations were time-barred and unlikely to have changed the outcome of the arbitration.
20 February 2024
A Malaysian court has recognised a US$200 million ICSID award against Zimbabwe, in what counsel are calling a first of its kind decision.
16 February 2024
Unlock unlimited access to all Global Arbitration Review content