12 March 2019
The Singapore Court of Appeal has lifted an injunction granted to an affiliate of US hotel group Hilton to prevent the enforcement of a Maldivian court judgment that was obtained in breach of an arbitration agreement.
06 March 2019
An Italian court has permitted Moldovan investors to enforce a US$530 million Energy Charter Treaty award against Kazakhstan despite the state’s allegations that it was obtained by fraud.
04 March 2019
A subsidiary of Canada’s TriMetals Mining has asked a US court to enforce an US$18.7 million investment treaty award that held Bolivia liable for nationalising a silver mining project targeted by protests from indigenous communities.
01 March 2019
A Russian oil and gas producer has won permission to enforce a US$112 million investment treaty award against Ukrainian state assets in Russia.
28 February 2019
A former Iraqi government minister has been denied permission to pursue a belated challenge to an investment treaty award in favour of Pakistan in the English courts – as it emerges that a parallel set-aside action funded by Burford Capital has been discontinued.
27 February 2019
The Bombay High Court has set aside a US$113 million award obtained by an Indian state-owned company against its Malaysian partner in an eight-year arbitration over a failed venture to develop an offshore oil field near Mumbai.
26 February 2019
A US court hearing Venezuela’s appeal against the enforcement of a US$1.4 billion investment treaty award has agreed to stay the proceedings at the request of lawyers representing Juan Guaidó, the opposition leader recognised by the US government as Venezuela’s legitimate president – as the embattled government of President Nicolás Maduro insists it still has the right to participate in the case.
22 February 2019
The Svea Court of Appeal has largely upheld a pair of SCC awards worth €176 million in favour of a Luxembourgish entity against Poland, ruling that the state had left it too late to raise objections based on the incompatibility of intra-EU bilateral investment treaties with EU law.
21 February 2019
The former majority shareholders in Yukos Oil Company have failed in their renewed bid to subpoena White & Case and its chairman Hugh Verrier for evidence in support of efforts to reinstate arbitral awards against Russia worth a combined US$50 billion.
20 February 2019
The Singapore High Court has upheld a US$530 million ICC award that held Indian brothers Malvinder and Shivinder Mohan Singh and their companies liable for fraud over the sale of a pharmaceutical business – while annulling its findings against their children.