Premium article - 17 February 2010
An ICC award rendered by well-known arbitrators has been partially revoked in Paris after the court found that the panel made its decision based on the Austrian legal principle of Geschäftsgrundlage, a concept not invoked by either party.
Premium article - 14 October 2009
In a welcome break with past practice that may, even so, prove short-lived a Chinese court has agreed to enforce an award from an ICC arbitration heard on the mainland.
Premium article - 23 September 2009
Three arbitrators hearing a reinsurance dispute have seen their award overturned as irrational, even though the reinsurance agreement contained an “honourable engagement” clause, the US version of ex aequo et bono arbitration.
Premium article - 22 April 2009
A new ruling of the Swiss Supreme Court offers an avenue to those frustrated with ICC practice regarding joinder of non-signatories.
Premium article - 30 July 2008
A UK court has enforced an ICC award against Chad, requiring money to be taken from an account holding World Bank loan repayments.
Premium article - 30 June 2008
A Frenchwoman has had an arbitral award against the Ann Summers chain of sex shops reinstated in a dispute about a US franchise agreement.
Premium article - 27 November 2007
The Swedish Supreme Court has set aside an arbitral award because the chairman failed to disclose a possible conflict of interest.