14 May 2019
The Panamanian Supreme Court has partially annulled an award in favour of an Ecuadorean port authority that held affiliates of a Hong Kong conglomerate liable under a concession contract that they had not signed.
14 May 2019
A Canadian engineering company has asked a US court to confirm an ICC award against an Iraqi state-owned company in a dispute over the development of an oil field in southern Iraq.
10 May 2019
The High Court in London has refused to allow Kazakhstan a time extension to pursue a challenge to an award rendered nearly four years ago under an investment treaty signed by the former Soviet Union – holding that fresh evidence obtained by the state was not a “game-changer” that would justify reopening the jurisdictional issues in the case.
26 April 2019
A Swedish court considering whether to annul a €53 million Energy Charter Treaty award against Spain has refused to seek a preliminary ruling from the European Court of Justice on the treaty’s applicability in intra-EU investment disputes.
25 April 2019
An LCIA award worth US$2 billion that made findings of corruption in a dispute over an iron-ore mining project in Guinea has become public after being submitted to the US courts for enforcement.
23 April 2019
A Colorado court has confirmed a US$36 million award in favour of a Bolivian politician’s investment company against a Mexican cement group despite the fact it is still subject to annulment proceedings in Bolivia.
18 April 2019
As Singapore announces it is considering allowing appeals of arbitration awards on a point of law, Kohe Hasan and Justine Barthe-Dejean, partner and associate at Reed Smith (in alliance with Resource Law) in Singapore consider whether such a reform would be a move in the right direction.
17 April 2019
Greece has lost a challenge to an ICC award in favour of the Middle Eastern-owned operator of one of the country’s largest commercial shipyards – and has disputed a recent statement by the investor that the award has a total commercial value of more than €1.2 billion.
16 April 2019
As Ecuador challenges an UNCITRAL award that held it liable for denying justice to Chevron in a dispute over environmental contamination in the Amazon, the Dutch Supreme Court has upheld a set of earlier awards issued in the same high-profile arbitration.
11 April 2019
A US court has confirmed an HKIAC-administered award that held the founder and controlling shareholder of a Cayman-registered solar energy company liable for depriving former employees of the benefits of an initial public offering.