Work Area: Commercial arbitration

Korean energy producer raises stakes in licensing dispute

South Korea’s largest energy producer is counterclaiming for US$880 million in two pending ICC arbitrations relating to technology licences – accusing the US fuel cell manufacturer that filed the cases of fraud and breach of contract.

19 October 2020

US judge won’t stand down in Chevron award battle

A group of Saudi and Egyptian claimants have failed to disqualify a US judge hearing their bid to enforce a US$18 billion award against Chevron over his alleged connections to the oil company and its counsel.

16 October 2020

Interim relief granted in Mexican broadcaster dispute

A Spanish media group has secured emergency relief in an ICC dispute over a Mexican radio broadcaster that it accuses its partner of trying to usurp.

16 October 2020

SIAC arbitrator rules against Indian stock exchange

A sole arbitrator at the Singapore International Arbitration Centre has ruled that an Indian stock exchange’s bid to end a partnership with a US provider of financial indices was invalid.

15 October 2020

Accountant rejects earnout claim after sale of brickmaking assets

A German building materials company has lost its claim for a US$100 million earnout payment arising from its US$1.4 billion sale of assets to a US buyer.

15 October 2020

Japanese distributor liable over diabetes products

A Chinese-owned developer of products for diabetes sufferers has applied to a US court to enforce a US$22.6 million ICC award against its Japanese former parent company concerning a terminated distribution deal.

14 October 2020

Pasta maker can’t reheat fraud claim

A German family-owned pasta business has failed to reopen a Stockholm Chamber of Commerce award in favour of a US distributor on the basis of new evidence that allegedly showed it rested on fraudulent contracts.

13 October 2020

Amazon files SIAC claim to halt Indian retail deal

Amazon has launched a SIAC claim against an Indian conglomerate to block the US$3.4 billion sale of its retail business to Reliance Industries.

12 October 2020

UK Supreme Court rules on law governing arbitration agreements

The UK Supreme Court has dismissed an appeal brought by the Russian arm of the insurance company Chubb, holding that where there is no law chosen to govern the contract or the arbitration agreement, the law governing the latter would be the law of the seat – in this case, English law.

09 October 2020

Korean videogame dispute heads to next level

A South Korean videogame developer has said it will apply to overturn an ICC award holding it liable in a dispute over an online role-playing game, as it fights a US$2 billion damages claim.

09 October 2020

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