04 June 2019
A Florida-based energy company has applied to a US court to enforce an ICSID award worth €290 million against Spain – the largest award issued so far in the numerous cases the state faces over reforms to its renewable energy sector.
29 May 2019
A US appeals court has rejected Ukraine’s jurisdictional objections to the enforcement of a US$112 million investment treaty award, finding that the state had waived its sovereign immunity.
28 May 2019
The Singapore Court of Appeal has set aside an SIAC award against a Sri Lankan state-owned entity in a dispute over a floating armoury, ruling that the tribunal erred by continuing with the arbitration after a settlement had terminated its mandate.
23 May 2019
The Court of Appeal in London has quashed a ruling that prevented a UK company from providing funding for an ICSID claim against Turkey – concluding that it was for the company’s board, not the court, to determine whether the claim was likely to succeed.
22 May 2019
A US court has enforced an ICSID award worth over US$400 million against Venezuela after finding it was bound to recognise lawyers acting for Juan Guaidó as the country’s legitimate representatives.
21 May 2019
A US court has confirmed an ICC award worth more than US$51 million against a UAE family-owned company in a dispute over aircraft leases – rejecting arguments that the arbitrators acted in manifest disregard of the law.
20 May 2019
The Paris Court of Appeal has rejected an insolvent UK mining company’s attempt to revive a billion-dollar investment treaty claim against Uzbekistan.
20 May 2019
A US court has confirmed a US$728 million award in favour of an offshore drilling contractor against Petrobras – rejecting the Brazilian state oil and gas company’s arguments that the tribunal overlooked evidence of bribery and that arbitrator Charles N Brower showed “open hostility” during the hearing.
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.