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Veolia’s claim against Egypt rubbished, as it turns focus to Italy

Veolia’s claim against Egypt rubbished, as it turns focus to Italy

22 June 2018

An ICSID tribunal has rejected a €140 million claim brought by French utility company Veolia against Egypt in a waste management dispute, as the company files a fresh Energy Charter Treaty claim against Italy at the centre.

Investor in Pakistan seeks enforcement of one of ICSID's largest awards

Investor in Pakistan seeks enforcement of one of ICSID's largest awards

22 June 2018

A Turkish energy company has asked a court in Washington, DC, to enforce a US$845.89 million award – one of the largest in ICSID’s history – against Pakistan over the state’s detention of power generation vessels used to supply electricity to the port city of Karachi during a power crisis.

Oman applies to enforce against Al Tamimi’s brother

Oman applies to enforce against Al Tamimi’s brother

22 June 2018

Oman has asked a court in the US state of Massachusetts to enforce an ICSID costs award against a UAE-born and US-based businessman who is the brother of leading arbitration lawyer Essam Al Tamimi.

British beef producer asks US court to enforce ICSID award despite ongoing annulment proceeding

British beef producer asks US court to enforce ICSID award despite ongoing annulment proceeding

22 June 2018

A beef-producing British family business has filed a petition in Washington, DC, to enforce a US$98 million ICSID award against Venezuela over the expropriation of its cattle farms, after the state’s repeated failure to pay costs advances for an ongoing annulment proceeding resulted in a stay of enforcement being lifted.

Three years more of Mourre

Three years more of Mourre

22 June 2018

Alexis Mourre has been reappointed as president of the ICC International Court of Arbitration for a second term and will be assisted by a renewed, gender-equal court including 88 women and 88 men.

Who is sitting at ICSID?

Who is sitting at ICSID?

21 June 2018

In the past few weeks, ICSID has appointed familiar faces to tribunals hearing new claims against Bulgaria, Hungary, Spain, Mexico and Ivory Coast – while other panels have been reconstituted following resignations and a disqualification.

Water utility’s award survives challenge in Manila

Water utility’s award survives challenge in Manila

21 June 2018

An appeal court in Manila has upheld an UNCITRAL award in favour of a privately-owned water utility over tariff adjustments, as the Philippine government pursues a challenge to a related award in the courts of Singapore.

Equatorial Guinea faces fresh bid to seize plane

Equatorial Guinea faces fresh bid to seize plane

21 June 2018

French telecoms group Orange has asked a US court for permission to seize a Boeing aircraft used by Equatorial Guinea’s president as it seeks to enforce the unpaid part of a €135 million ICC award against the state – the latest in a series of efforts to arrest the plane.

Panama Canal award upheld in Florida

Panama Canal award upheld in Florida

21 June 2018

A Florida court has upheld an ICC award in favour of the Panama Canal Authority in one of a series of disputes with an engineering consortium over the costs of a project for the waterway’s expansion.

More Gazprom assets frozen as feud with Naftogaz escalates

More Gazprom assets frozen as feud with Naftogaz escalates

20 June 2018

Ukrainian state entity Naftogaz says it has obtained an order freezing assets of Russian energy company Gazprom in England and Wales, in addition to attachments already granted in mainland Europe – as it challenges a Swedish court’s decision to stay enforcement of an SCC award worth US$2.6 billion.