Work Area: Commercial arbitration

Angolan state entity wins Dutch asset freeze

A Dutch court has frozen assets controlled by the husband of embattled Angolan billionaire Isabel dos Santos in support of two arbitrations over a share purchase that is the subject of a criminal investigation for alleged money laundering and embezzlement.

22 September 2020

Russian software group denied discovery in Delaware

A Delaware court has refused a Russian software group’s bid for discovery from the private equity arm of JPMorgan Chase for use in a pair of LCIA arbitrations worth at least US$65 million, ruling that commercial arbitrations are not eligible for such relief.

21 September 2020

US targets Clyde & Co award funds

The US Department of Justice is attempting to seize the proceeds of an arbitral award held by Clyde & Co that Malaysian authorities say can be traced to the 1MDB corruption scandal.

17 September 2020

Chinese court upholds “SIAC in Shanghai” clause

A Shanghai court has upheld the validity of a clause providing for SIAC arbitration “in Shanghai” – confirming that foreign arbitral institutions are not prohibited from conducting arbitrations on the mainland.

14 September 2020

Novartis sees off ICC claim over pain relief drug

A US subsidiary of Swiss pharmaceuticals group Novartis has defeated a US$82 million ICC claim brought by a former Japanese partner over its decision to discontinue development of a pain relief drug.

11 September 2020

An update on UNCITRAL's work on expedited rules and ISDS reform

The 2020 Virtual ITA-ASIL Conference took the form of an interview with UNCITRAL legal officer Corinne Montineri about the progress of Working Groups II and III in developing expedited arbitration rules and reforms to investor-state dispute settlement. Lucy Winnington-Ingram of Reed Smith in London reports.

11 September 2020

Atlanta panel throws out claim over aircraft tech

An Atlanta-seated tribunal has dismissed a US$93 million claim brought against a jet aircraft maker by a family-owned developer of laser-based air data systems.

10 September 2020

Telecom Italia defeats bid to revive US$15 billion claim

An ICC tribunal has rejected a private equity group’s bid to revive a US$15 billion claim against Telecom Italia, dismissing allegations that the respondent had withheld evidence decisive to the case.

10 September 2020

Belgian brewer can pursue IP claims against Alcoa

A US court has ruled that Belgian brewing company Anheuser-Busch InBev can proceed with an AAA claim against US industrial group Alcoa over patent rights relating to production of recloseable aluminium bottles.

07 September 2020

Mexican taxi tech investors escape contempt ruling

A US court has rejected a bid by the founders of a Mexican taxi technology venture to have their former partners held in civil contempt for allegedly breaching an injunction granted last year in aid of an ICC arbitration.

04 September 2020

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