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Counsel in place for claims against Tanzania

Counsel in place for claims against Tanzania

03 April 2020

Two Australian and Canadian mining companies have turned to the same law firm as they prepare to file investment treaty claims against Tanzania over its revocation of licences for their projects in the country.

Spain tries to topple Tawil

Spain tries to topple Tawil

03 April 2020

Spain has applied to disqualify Argentine arbitrator Guido Tawil from hearing one of the many claims it faces over renewable energy reforms – citing his repeat appointments by investors in such cases and his dissent from decisions where the state has escaped liability.

Delos updates covid-19 checklist

Delos updates covid-19 checklist

03 April 2020

GAR Award-winning arbitral body Delos Dispute Resolution has updated its checklist on holding in-person arbitrations and mediation hearings during the covid-19 coronavirus pandemic, in particular to address a situation where one side wants to proceed with a case and the other to delay it.

London court enforces Ukrainian gas award

London court enforces Ukrainian gas award

03 April 2020

The Commercial Court in London has upheld the enforcement of a US$147 million Stockholm Chamber of Commerce award against Ukraine’s biggest oil and gas producer – despite the arbitration agreement being signed by the award creditor’s now defunct predecessor.

UK regulator closes Burford market manipulation probe

UK regulator closes Burford market manipulation probe

02 April 2020

The UK’s financial markets regulator has found no evidence of an alleged spoofing attack against third-party funder Burford Capital.

Panama hit with second treaty claim over canal project

Panama hit with second treaty claim over canal project

02 April 2020

An Italian construction group has made good on a threatened US$2.2 billion ICSID claim against Panama over its work expanding the Panama Canal – the second treaty claim filed over the project which has also given rise to ICC cases worth around US$6 billion.

London court holds first virtual trial in Kazakh enforcement dispute

London court holds first virtual trial in Kazakh enforcement dispute

02 April 2020

In response to the covid-19 coronavirus pandemic, the High Court in London has broadcast a virtual trial on YouTube for the first time in its history – as a group of Moldovan creditors attempt to enforce a US$541 million Energy Charter Treaty award against Kazakhstan.

Seoul protocol on video conferencing unveiled

Seoul protocol on video conferencing unveiled

02 April 2020

A new Seoul Protocol on Video Conferencing in International Arbitration, published by the Korean Commercial Arbitration Board, offers guidance that could be useful for those holding virtual hearings and meetings from lockdown during the coronavirus pandemic.

Canada defeats first BIT claim

Canada defeats first BIT claim

01 April 2020

Canada has prevailed in its first bilateral investment treaty case, defeating an ICSID claim reportedly worth US$1.8 billion brought by an Egyptian telecoms company.

O’Melveny promotes counsel in Hong Kong

O’Melveny promotes counsel in Hong Kong

01 April 2020

Aditya Kurian, the former head of the India region at the HKIAC, has been promoted to counsel in the Hong Kong office of O’Melveny & Myers.