Work Area: Commercial arbitration

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

What's in the new ICC rules?

Although the new version of the ICC rules will not be officially unveiled until later this year, GAR can exclusively reveal some of the changes.

08 October 2020

GE hits back in Angolan power plant dispute

General Electric has filed two ICC claims against an African energy company that accuses it of encouraging the Angolan government to terminate a power plant project worth US$1.1 billion.

06 October 2020

SIAC award survives challenge over excluded in-house rep

The Singapore High Court has upheld a SIAC award despite allegations that the tribunal breached procedure by preventing the claimant’s general manager from serving as co-counsel alongside its external lawyer.

06 October 2020

Buffett group brings fraud suit against Jones Day

A conglomerate controlled by US billionaire Warren Buffett that won a €643 million award after claiming it was defrauded into buying a German piping business has now filed a lawsuit in Texas against Jones Day – alleging the law firm was part of the scheme.

02 October 2020

UK court restrains Russian securities suit

The Commercial Court in London has restrained an insolvent Russian bank from pursuing a US$140 million lawsuit in St Petersburg over securities contracts, finding the dispute should be heard in LCIA arbitration.

29 September 2020

Mayer Brown arbitrator spared injunction in Hong Kong

A Hong Kong judge has refused to restrain Mayer Brown partner Thomas So from continuing to act as a sole arbitrator in an HKIAC dispute between former partners at a local law firm pending a court action over his alleged lack of impartiality.

25 September 2020

Ammonia pipeline award upheld in Ukraine

The Supreme Court of Ukraine has dismissed a Russian chemicals group’s challenge to an award won by the Ukrainian state-owned operator of the world’s longest ammonia pipeline in a US$190 million dispute over transit tariffs.

24 September 2020

Rio Tinto gas price review claim not time-barred

An Australian court has ruled that Rio Tinto mining entities can pursue a price review claim against a Chevron consortium, finding that a time stipulation in their gas sale agreement was not essential.

24 September 2020

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