14 August 2020
A subsidiary of a US glass manufacturer has reportedly applied to a Singapore court to seize an oil tanker owned by Venezuela’s national oil and gas company PDVSA, in its latest attempt to enforce an ICSID award worth over US$500 million.
11 August 2020
The Peruvian municipality of Lima has asked a US court to set aside a US$68 million UNCITRAL award won by an Odebrecht subsidiary over a revoked toll road concession – as it says new evidence has emerged that underlying contract was procured through corruption.
10 August 2020
A Finnish businessman has asked a US court to enforce an investment treaty award worth more than US$115 million he won against Egypt over the loss of his iron and steel business and his imprisonment – the fourth jurisdiction where he has sought enforcement.
10 August 2020
Romania has issued a call for counsel as it prepares to challenge a €59 million ICC award won by Austrian oil and gas group OMV over the state’s failure to pay environmental clean-up costs.
06 August 2020
The Argentine Supreme Court has refused to enforce a US$9.5 billion judgment against Chevron over environmental pollution in the Amazon that an UNCITRAL tribunal has found to be a denial of justice.
31 July 2020
A Canadian court has rejected Mexico’s challenge to a partial award that upheld jurisdiction over a US$450 million NAFTA claim by a group of US investors in the country’s gaming industry.
27 July 2020
The Singapore Court of Appeal has ruled that US hotel group Hilton can gather information about assets in the Maldives held by its former business partner to help execute a pair of ICC awards – even though the Maldivian courts have so far denied enforcement.
24 July 2020
The Commercial Court in London has ruled that Spain and France cannot invoke sovereign immunity to avoid litigation brought by an insurance club over the two states’ alleged failure to honour arbitral awards relating to an oil spill in the Atlantic 18 years ago.
23 July 2020
Stéphane Bonifassi and Elena Fedorova of Bonifassi Avocats in Paris argue that the Swiss, French and UK courts’ different treatment of an ICC award against Alstom highlights the need for more uniformity in the approach to corruption allegations in international arbitration.
22 July 2020
A Malaysian state-owned shipping company has applied to set aside an award worth over US$340 million won by a Shell subsidiary at the Asian International Arbitration Centre in a dispute over one of the country’s largest offshore oil fields.