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Looking back on 2018

Looking back on 2018

14 January 2019

Hussein Haeri, partner and co-head of international arbitration at Withers, and associates Camilla Gambarini and Ruzin Dagli look back at 10 key international arbitration developments of 2018 and what to expect in the months ahead.

Indian-Korean polyethylene dispute enters damages phase

Indian-Korean polyethylene dispute enters damages phase

14 January 2019

A subsidiary of Indian state-owned oil and gas company ONGC has reportedly prevailed on liability in a Singapore-seated arbitration with a South Korean petrochemical producer that backed out of a US$240 million project to build a polyethylene plant.

Tortilla award submitted for enforcement in DC

Tortilla award submitted for enforcement in DC

11 January 2019

Spanish subsidiaries of Mexican food group Gruma have started proceedings in Washington, DC, to enforce a US$430 million ICSID award against Venezuela relating to the Chávez-era expropriation of their business producing corn and wheat flour and tortillas.

Tribunal hears claim over Nigerian-Chinese hydropower project

Tribunal hears claim over Nigerian-Chinese hydropower project

11 January 2019

An ICC tribunal is hearing a claim for a reported US$2.3 billion brought by a Nigerian energy company which says it has been excluded from a project to build Nigeria’s biggest power plant by the state and its Chinese partner.

Egypt seeks to annul award over approach to corruption “red flags”

Egypt seeks to annul award over approach to corruption “red flags”

11 January 2019

Egypt has applied to annul an ICSID award ordering it to pay US$2 billion to a joint venture between Spain’s Naturgy and Italy’s Eni – suggesting that by advancing its own explanation of “red flag” indications of corruption by the venture’s local partner, the tribunal denied the state its right to be heard.

UAE investor in Libya brings claim under Islamic treaty

UAE investor in Libya brings claim under Islamic treaty

11 January 2019

A UAE investor in a joint venture that operated Libya’s largest oil refinery has requested UNCITRAL arbitration against the state under the investment agreement of the Organisation of Islamic Cooperation in the wake of related ICC proceedings.

New year, new silks

New year, new silks

10 January 2019

UPDATED. David Brynmor Thomas, Stephen Fietta, Christopher Harris, Mark Levy, Aloke Ray, Dipen Sabharwal and Guglielmo Verdirame all feature on the list of new Queen’s Counsel released today.

Lindahl partners break away to form Stockholm boutique

Lindahl partners break away to form Stockholm boutique

10 January 2019

The Stockholm arbitration team of one of Sweden’s largest firms, Lindahl, has broken away to form a new boutique, including partner Bo Nilsson, a key figure in the Swedish arbitration scene.

Baker Botts promotes in London

Baker Botts promotes in London

10 January 2019

Baker Botts has promoted dual Jordanian and British national Dorine Farah to partner in London, where she hopes to further grow the firm’s investment treaty and commercial arbitration practice, including in the Middle East.

CAS leader moves to private practice in Lausanne

CAS leader moves to private practice in Lausanne

10 January 2019

The former deputy secretary general of the Court of Arbitration for Sport William Sternheimer has joined specialist boutique Morgan Sports Law, where he will head the firm’s newly opened Lausanne office.