Work Area: Commercial arbitration

Glassmaker wins ICC award in post-M&A dispute

A Luxembourg-based glassmaker says it has won an US$84 million ICC award against France’s Saint-Gobain relating to a billion-dollar acquisition.

18 July 2022

UK court rules on what makes a valid arbitrator appointment

A recent judgment of the English High Court considered what is required to validly appoint an arbitrator under the 1996 Arbitration Act, calling for a broad, non-technical and pragmatic approach to the question.

14 July 2022

Spat over Shaq leads to ICC award

A Polish foundation has sought to enforce an ICC award over a failed plan to bring retired American basketball player Shaquille O’Neal to Warsaw to participate in events celebrating the 100th anniversary of Poland’s independence.

14 July 2022

California businessman can bring late challenge to Burford award

An English court has said a California businessman is not too late to challenge an LCIA award that requires him to pay more than US$60 million in compound interest to a subsidiary of Burford Capital for breach of a litigation funding deal.

13 July 2022

Iranian state entity can’t appeal US$2.4 billion award

A London court has refused to allow Iran’s national oil company to appeal a US$2.4 billion award on a point of law while rejecting arguments the state entity had waived its right to bring such an appeal.

12 July 2022

“Bitcoin Jesus” faces HKIAC claim

A cryptocurrency exchange has launched an US$84 million HKIAC claim against a prominent investor known as “Bitcoin Jesus” after he allegedly failed to pay back money owed on his account.

11 July 2022

UK court pauses bid to enforce contraceptives award

An Irish pharmaceutical company seeking to enforce an ICC award over intellectual property rights for oral contraceptive products must wait for a Dutch court to decide on a set-aside application, an English judge has ruled.

08 July 2022

Ecuadorean tram disputes reach end of the line

Spanish and French consortiums have won damages – though far less than they sought – in two ICC disputes worth a combined US$75 million with an Ecuadorean municipality over the troubled construction of a tram line through a UNESCO-listed city centre.

07 July 2022

Eni entity faces claim over Nigerian joint venture

A Nigerian energy company is pursuing a US$272 million claim against a subsidiary of Italian multinational Eni over a joint venture in the Niger Delta that has reportedly spawned a US$2.2 billion counterclaim.

05 July 2022

Future fails to secure early dismissal of Amazon claim

Indian conglomerate Future Group has failed to secure the early dismissal of a SIAC claim brought by Amazon over a US$3.4 billion asset sale on the basis of a parallel decision by a competition authority.

29 June 2022

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