Work Area: Commercial arbitration

Dutch court overturns ruling in Petrobras fraud suit

A Dutch court has reversed its decision to exclude certain claimants from a class action brought on behalf of investors in Petrobras who suffered losses due to the Lava Jato corruption scandal - after it emerged the Brazilian company had taken conflicting positions on the applicability of an arbitration clause.

18 June 2021

Cuatrecasas lawyers accused of “switching sides” in Peru refinery dispute

A Spanish-owned contractor on a Peruvian refinery project has challenged a US$38 million ICC award, alleging that two members of its external counsel team violated ethical rules by joining the other side’s law firm before the case had concluded.

17 June 2021

Indemnity costs in unsuccessful applications for set aside: different approaches compared

Sapna Jhangiani QC of Clyde & Co and Jarret Huang of the Singapore Management University School of Law look at a recent decision of the Singapore Court of Appeal that adds to debate on the role of indemnity costs in unsuccessful applications to set aside arbitral awards, comparing the court’s approach to those of the Hong Kong and English courts.

17 June 2021

“Non-existent” company’s award blocked in Singapore

A Singapore court has blocked a Norwegian company from enforcing an award because it was rendered in favour of a separate legal entity that had ceased to exist before the arbitration even started.

16 June 2021

ASA launches arbitration toolbox

The Swiss Arbitration Association, or ASA, has launched an “Arbitration Toolbox” providing practical advice on how to organise and conduct cases.

16 June 2021

Fired partner’s suit against Dentons returns to state court

A former Dentons partner who accuses the firm of racial discrimination has seen his lawsuit sent back to a California state court, after a federal court concluded that a parallel arbitration under his partnership agreement was not international in nature.

15 June 2021

Privy Council reinstates award against Mauritian state entity

The Privy Council in London has reinstated a US$120 million SIAC award against a Mauritian state-owned company, ruling that the island nation’s courts were not entitled to review an arbitrator’s finding that the underlying contract was not illegal.

14 June 2021

Sanctioned Russian entity fails to restrain SCC case

The Russian Supreme Court has refused to restrain a Stockholm Chamber of Commerce arbitration on the basis of recent legislation providing for the exclusive jurisdiction of Russia’s courts over disputes involving sanctioned Russian parties.

14 June 2021

Dentons at odds with fired partner over Chinese client fees

Dentons has become embroiled in litigation and arbitration with a fired partner who accuses the firm of committing forgery to cheat a Chinese enforcement client out of tens of millions of dollars – allegations it calls an “utter fabrication”.

11 June 2021

Turkish gas buyer loses challenge to Gazprom price review award

A Turkish state-owned energy company has failed to set aside an award favouring Gazprom’s exports arm in a gas price review arbitration at the Stockholm Chamber of Commerce – as challenges to awards in similar cases continue in the Swedish courts.

10 June 2021

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