Premium article - 21 June 2017
Two investors may be at the end of their efforts to recover awards against Kyrgyzstan in Canada, after the Supreme Court refused to hear the appeal of a decision denying enforcement against shares held by state-owned enterprise Kyrgyzaltyn.
Premium article - 20 June 2017
Italy’s Eni and its partner in two oil blocks in the Niger Delta have applied to confirm a US$573 million award against the Nigerian National Petroleum Corporation – the latest in a series of enforcement actions the state entity faces in New York.
Premium article - 16 June 2017
A US court has upheld a NAFTA award that rejected a US renewable energy investor’s US$810 million claim against Canada, ruling that the tribunal’s deference to the Ontario authorities was not a manifest disregard of the law.
Premium article - 15 June 2017
In a potentially ground-breaking decision, Paris’s first instance court has allowed a third party to partially challenge the enforcement of a foreign arbitration award over the production and sale of sugar beet seeds.
Premium article - 14 June 2017
A US court has issued a default judgment confirming a Permanent Court of Arbitration award against Cape Verde after the African island state failed to appear.
Premium article - 09 June 2017
A Belgian court has ordered the lifting of attachments on Russian-owned real estate and bank accounts in Brussels that were frozen two years ago at the request of one of the former majority shareholders in Yukos.
Premium article - 23 May 2017
A British investment fund that won a €128 million Energy Charter Treaty award against Spain over renewable energy subsidies has applied to a US court to enforce it, as ICSID registers yet another claim against the state relating to reforms to that sector.
Premium article - 10 May 2017
An Amsterdam court has ruled that Russia unlawfully drove Yukos into bankruptcy, a decision that could have a bearing on the efforts of the oil company’s former majority shareholders to collect on their US$50 billion Energy Charter Treaty award against the state.
Premium article - 08 May 2017
A ruling that empowers the French administrative courts to hear petitions to enforce foreign awards arising from public contracts has created confusion for users and robbed France of its status as a leading arbitration venue, a prominent practitioner has warned.
Premium article - 02 May 2017
In a decision at odds with French and US case law, a Luxembourg court has blocked the enforcement of a US$300 million ICC award against Mexican state oil and gas company Pemex that was set aside at the seat of arbitration.