• Search

News

Do we need a permanent investment court?

Do we need a permanent investment court?

13 February 2019

Nassib Ziadé, chief executive officer of the Bahrain Chamber for Dispute Resolution (BCDR-AAA), used a speech in Manama to question whether proposals to establish a permanent court to hear investment disputes would address the flaws in the current investor-state arbitration system or be in the best interests of developing countries.

Post-M&A dispute heads to Swiss chambers

Post-M&A dispute heads to Swiss chambers

13 February 2019

Swiss energy company Alpiq has brought an arbitration in Switzerland against France’s Bouygues Construction to resolve a purchase price adjustment dispute following the €750 million sale of its engineering services business last year.

ICCA and IBA join forces on data protection

ICCA and IBA join forces on data protection

12 February 2019

The International Council for Commercial Arbitration and the International Bar Association have created a joint task force to produce a guide to data protection issues in international arbitration.

France-Spain rail saga resumes before four-man panel

France-Spain rail saga resumes before four-man panel

12 February 2019

A €300 million arbitration over a high-speed rail link between France and Spain is set to resume before a four-member tribunal, after the claimant lost a challenge to an award that had barred it from discontinuing the case without prejudice.

PCA panel in place for Colombia bank claim

PCA panel in place for Colombia bank claim

12 February 2019

UK arbitrator John Beechey has been appointed to chair a US$330 million treaty case brought against Colombia at the Permanent Court of Arbitration by the former owners of a nationalised bank, as a related ICSID case gets underway.

Pakistan tries to reopen corruption defence

Pakistan tries to reopen corruption defence

11 February 2019

Pakistan has asked an ICSID tribunal to revise an US$800 million award in favour of a Turkish energy company in light of what the state says is new evidence to support its arguments that the underlying investment was tainted by corruption.

Albania defeats claim over privatisation vouchers

Albania defeats claim over privatisation vouchers

11 February 2019

UPDATED WITH LINK TO AWARD: An ICSID tribunal has declined jurisdiction over a claim concerning Albania’s alleged failure to honour vouchers issued during a privatisation programme in the 1990s.

De Brauw promotes two

De Brauw promotes two

11 February 2019

De Brauw Blackstone Westbroek has promoted Martje Verhoeven-de Vries Lentsch to partner and René van Tricht to counsel in its Amsterdam office.

Uzbekistan wins stay of funder’s enforcement bid

Uzbekistan wins stay of funder’s enforcement bid

08 February 2019

A US court has agreed to stay an action brought by an affiliate of third-party funder Calunius Capital to enforce a US$13 million treaty award against Uzbekistan until the conclusion of set-aside proceedings in the Paris Court of Appeal.

Deripaska loses LCIA award challenge after “dishonest evidence”

Deripaska loses LCIA award challenge after “dishonest evidence”

08 February 2019

The Commercial Court in London has upheld a US$95 million LCIA award against Russian oligarch Oleg Deripaska after concluding that he provided “dishonest evidence” and offered a large sum of money to a witness who was persuaded to do the same.