16 March 2018
Egypt’s Court of Cassation has upheld the annulment of an arbitral award against a prominent comedian known as the “Egyptian Jon Stewart” while reinstating findings against a production company in their dispute with a local television network that suspended his political satire show in 2013.
07 March 2018
Moldovan investors seeking to enforce a US$520 million Energy Charter Treaty award against Kazakhstan have asked a New York court to compel discovery from three financial services companies that allegedly help to oversee the assets of a Kazakh sovereign wealth fund.
06 March 2018
NEW COMMENT ADDED: In a much-anticipated ruling that affects nearly 200 bilateral investment treaties between EU member states, the European Court of Justice has ruled that the investor-state arbitration clause in a BIT between the Netherlands and Slovakia is not compatible with EU law.
05 March 2018
UPDATED. In what is believed to be the first set aside of an investor-state award by an English court, a judge has ruled that an eminent tribunal hearing a private equity group's dispute with Poland interpreted an investment treaty too narrowly when it declined jurisdiction over certain claims.
05 March 2018
A US court has confirmed a US$1.3 billion ICSID additional facility award in favour of Canadian mining company Rusoro against Venezuela, rejecting arguments that the arbitrators exceeded their authority in calculating damages or that enforcement should be stayed pending a challenge to the award in France.
15 February 2018
UPDATED. Arbitration practitioners in the UK and France have expressed mixed views on the creation of a new specialist division of the Paris Court of Appeal that will resolve international commercial disputes – including actions arising from international arbitration – using the English language and common law practices.
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.
02 February 2018
The government of Laos has launched enforcement proceedings against the former owners of a casino after they succeeded in reviving a pair of investment treaty claims against the state worth US$1 billion.
31 January 2018
UPDATED. An Indian court has granted enforcement of a US$550 million ICC award won by Japanese drugmaker Daiichi Sankyo against sibling pharmaceutical investors but not against their children – while a set aside application in Singapore is still pending.
29 January 2018
In a rare example of a committal order being issued in support of arbitration, an English court has held a Mongolian state-owned mining company in contempt of court for breaching an order in proceedings to enforce two LCIA awards.