• Search

Enforcement and Set-Aside

DIFC judge cuts through Kurdistan sovereignty defence

DIFC judge cuts through Kurdistan sovereignty defence

Premium article - 22 August 2017

The government of Kurdistan's attempt to assert a sovereign immunity defence against enforcement of a US$2 billion LCIA partial award in the Dubai International Financial Centre has foundered, after an English judge at the DIFC Courts ruled it had already waived its rights.

DC court approves transfer of interest in Belize award as state appeals to top US court

DC court approves transfer of interest in Belize award as state appeals to top US court

Premium article - 22 August 2017

A US district court has approved the transfer of interest in a US$22 million LCIA award against Belize to evade local criminal sanctions, as the central American state appeals the confirmation of another award against it to the Supreme Court.

Baker Botts sees off Yukos discovery bid

Baker Botts sees off Yukos discovery bid

Premium article - 21 August 2017

A US court has refused to compel discovery from Baker Botts and one of its partners in connection with allegations that the firm helped Russian state-owned oil company Rosneft to manipulate the rulings of Armenian judges in Yukos-related matters.

An FG Hemisphere for Dubai?

An FG Hemisphere for Dubai?

Premium article - 14 August 2017

The courts of the Dubai International Financial Centre are to decide whether they can rule on United Arab Emirates law on sovereign immunity, after Kurdistan raised the issue in an attempt to block enforcement of awards worth over US$2 billion in favour of the UAE's Dana Gas and Crescent Petroleum.

Award over Ukrainian version of Forbes stands despite sanctions

Award over Ukrainian version of Forbes stands despite sanctions

Premium article - 11 August 2017

A US court has refused to set aside the award in a dispute over the Ukrainian version of Forbes magazine - denying that the New York-seated case should have been halted after the owner of the publishing rights was placed on the US sanctions list because of his ties to exiled president Viktor Yanukovych.

Israeli debtor seeks to take venue ruling to US Supreme Court

Israeli debtor seeks to take venue ruling to US Supreme Court

Premium article - 09 August 2017

An Israeli real estate company is to ask the US Supreme Court to rule on whether arbitrators' decisions on the venue of an international arbitration deserve greater judicial oversight.

"Second wave" Yukos case to resume after Swiss ruling

"Second wave" Yukos case to resume after Swiss ruling

Premium article - 08 August 2017

Switzerland's highest court has allowed a US$13 billion Energy Charter Treaty arbitration over the collapse of Yukos to resume after finding that Russia's challenge to an interim award on jurisdiction was premature.

Indian investor asks US court to enforce award annulled in Bolivia

Indian investor asks US court to enforce award annulled in Bolivia

Premium article - 08 August 2017

India's Jindal Steel & Power has applied to a court in Washington, DC, to confirm a US$22.5 million ICC award over an iron ore project, despite it being partially set aside at the seat of arbitration, Bolivia.

Creditor bottles out of enforcing Venezuela award

Creditor bottles out of enforcing Venezuela award

Premium article - 04 August 2017

US bottle manufacturer Owens-Illinois has sold its interest in a US$455 million ICSID award against Venezuela to a third party which can seek to enforce in its place - but it may be required to repay the buyer if an ad hoc committee decides to annul the award in whole or in part.

London court blocks enforcement of award set aside in Russia

London court blocks enforcement of award set aside in Russia

Premium article - 03 August 2017

Steel producer NLMK has staved off an attempt in London to enforce an arbitral award that has been set aside in Russia, after a court ruled the Russian judgment was not "so extreme and incorrect" that it could only have been reached by bias.