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Investment Arbitration

Tanzania tries to dislodge ex-judge from ICSID case

Tanzania tries to dislodge ex-judge from ICSID case

Premium article - 05 July 2016

After instructing new counsel, Tanzania has applied to disqualify a British former judge from hearing an ICSID case on the grounds of his nationality.

Violence in Yemen leads to ICC award

Violence in Yemen leads to ICC award

Premium article - 04 July 2016

An oil company owned by the Indian state of Gujarat has applied to a US court to enforce an ICC award in a US$240 million dispute with Yemen over drilling projects affected by anti-government protests.

“Kremlin’s banker” switches counsel for claim against Russia

“Kremlin’s banker” switches counsel for claim against Russia

Premium article - 01 July 2016

A former adviser of President Vladimir Putin once known as "the Kremlin's banker" has replaced King & Spalding with Parisian boutique Lazareff le Bars as his counsel in a US$12 billion investment treaty claim against Russia.

Blurred nationalities complicate investor-state disputes, says UN body

Blurred nationalities complicate investor-state disputes, says UN body

Premium article - 29 June 2016

The United Nations Conference on Trade & Development has released its 2016 World Investment Report, exploring how investor-state disputes are affected by corporations and investors with ambiguous nationalities, among other matters.

Miles: let's commit to combat climate change

Miles: let's commit to combat climate change

Premium article - 29 June 2016

In this year's Proskauer Lecture in New York, Wendy Miles QC addressed how the system and day-to-day practice of international arbitration can help to combat climate change.

United States hit with mega-claim over Keystone XL pipeline

United States hit with mega-claim over Keystone XL pipeline

Premium article - 27 June 2016

Calgary-based energy company TransCanada has made good on its threat to bring a US$15 billion NAFTA claim against the United States over the refusal to approve the expansion of an international oil pipeline.

Lithuania loses to Gazprom in Stockholm

Lithuania loses to Gazprom in Stockholm

Premium article - 23 June 2016

Lithuania has failed in an attempt to secure almost US$2 billion in compensation, after a tribunal in Stockholm rejected arguments that Gazprom as the state's monopoly gas supplier charged “unfair prices”.

Libya's appeal over treaty award fails in France

Libya's appeal over treaty award fails in France

Premium article - 23 June 2016

A Kuwaiti construction company’s US$936 million award against Libya under a little-known investment treaty can be enforced in France, following a ruling of the country's highest court.

Greece faces ICSID claim after navy takes over work on submarines

Greece faces ICSID claim after navy takes over work on submarines

Premium article - 22 June 2016

CORRECTED. A Lebanese investor has filed an ICSID claim against recession-struck Greece after its navy took over one of the country’s largest ship yards and the construction of submarines ordered by the state.

Failed NAFTA claimant seeks set-aside in DC

Failed NAFTA claimant seeks set-aside in DC

Premium article - 15 June 2016

A US renewable energy investor that lost a NAFTA claim against Canada earlier this year has applied to have the award set aside, alleging that two of the arbitrators showed improper deference to the conduct of Ontario authorities.