Work Area: Commercial arbitration
Singapore’s Keppel brings ICC claim over Doha sewage plant
A subsidiary of Singaporean conglomerate Keppel has filed a US$126 million ICC claim against the Qatar Public Works Authority over a terminated contract to build a sewage treatment plant in Doha.
01 June 2022
Oligarch’s widow can proceed with fraud suit
The High Court in London has ruled it can hear fraud claims worth more than US$3 billion brought by the wife of a deceased Russian oligarch – while finding that a Panamanian arbitration clause “significantly” limits the allegations she can make against one of the defendants.
31 May 2022
Airline catering award upheld in Singapore
A Singapore court has upheld an ICC award against a Korean airline in a billion-dollar dispute over in-flight catering, rejecting arguments the tribunal wrongly overlooked expert testimony.
30 May 2022
Naftogaz signals new claim against Gazprom over transit fees
Ukraine’s state-owned oil and gas company Naftogaz has launched a pre-arbitration procedure against Gazprom for underpayment of gas transit fees, also suggesting it may seek to revive a US$12.2 billion claim that was settled more than three years ago.
27 May 2022
China’s HNA Group liable in Manhattan skyscraper dispute
A US entity has applied to enforce a US$185 million award against ailing Chinese conglomerate HNA over an investment in a skyscraper in Manhattan.
27 May 2022
Webuild reports net win in Canadian hydro dispute
Italian construction group Webuild has said it expects to receive a net sum of around US$93 million following an ad hoc arbitration with a Canadian provincial government utility over a troubled billion-dollar hydropower project.
25 May 2022
Bristol Myers moves to enforce transgenic mice award
US pharmaceuticals company Bristol Myers Squibb has asked a US court to enforce an AAA award it won against Switzerland’s Novartis over royalty payments due for the use of genetically modified laboratory mice.
25 May 2022
ICDR throws out claim due to fake signature on contract
An ICDR arbitrator has dismissed a claim brought by a California mindfulness meditation company after finding the contract it was brought under bore a fake signature of one of the Austrian respondents.
25 May 2022
ICDR decides fight over US-Korean blockchain deal
A US blockchain technology company has asked a New York court to enforce an ICDR award rendered in a US$300 million dispute with a South Korean counterparty over a failed stock purchase.
24 May 2022
Privy Council upholds Cayman enforcement decision
The UK Privy Council has upheld the enforcement of a Brazilian airline’s US$55 million ICC award in the Cayman Islands even though the arbitrators decided the case on the basis of a legal concept not pleaded by the parties.
19 May 2022