Work Area: Commercial arbitration

Brazil’s national oil and gas company Petrobras has asked the US Supreme Court to halt the enforcement of an ICDR award that required it to pay US$700 million to an offshore drilling company for terminating a contract allegedly procured through bribery.

03 February 2021

The Delhi High Court has provisionally enforced a SIAC emergency arbitrator’s order restraining Amazon’s Indian business partner from proceeding with a US$3.4 billion asset sale.

02 February 2021

An Indonesian company and its UK partner have defeated a third-party funded SIAC claim worth US$32 million brought over a coal mining concession on the island of Borneo.

02 February 2021

A court in Washington, DC, has dismissed a Lithuanian creditor’s attempt to enforce a US$20 million award against Tajikistan’s national airline carrier, ruling the state-owned company lacked sufficient minimum contacts with the United States.

02 February 2021

Brazil's Petrobras has been ordered to pay damages in a US$570 million ICC dispute over an offshore oil and gas project after it "effectively abandoned" allegations that the claimant had engaged in bribery and bid-rigging.

29 January 2021

Nicholas Lingard and Rohit Bhat of Freshfields Bruckhaus Deringer in Singapore consider key developments in Indian arbitration in 2020.

29 January 2021

The DuPont Company and its spin off business Chemours have reached a US$4 billion settlement of several claims, including an AAA arbitration, relating to environmental liabilities for the production of “forever chemicals.”

28 January 2021

A subsidiary of Brazilian construction group Odebrecht has launched an ICC claim against Mexico’s state oil company Pemex under a supply contract for a US$5.2 billion petrochemical complex.

28 January 2021

A Paris court has upheld a US$646 million award against a company owned by embattled Angolan billionaire Isabel dos Santos – ruling that the ICC was right to appoint the five-member tribunal that heard the case and dismissing allegations of bias against two arbitrators.

27 January 2021

UPDATED: France’s highest court has upheld the enforcement of an award against an Egyptian state entity that was annulled more than a decade ago by the courts of Cairo, affirming that arguments as to the domestic or international character of the arbitration were irrelevant.

26 January 2021