Work Area: Commercial arbitration

An Indian company has won US$32 million in a claim against a Rwandan state-owned entity over a contract for a power transmission network connecting Rwanda and the Democratic Republic of the Congo.

30 September 2021

US oil company RSM has agreed to settle an UNCITRAL arbitration with its UK partner in a Cameroonian gas project, as the parties await an award in a related ICC case in Texas.

29 September 2021

Emirati energy company Dana Gas says it will receive US$607.5 million from a long-awaited final award against an Iranian state-owned entity over a terminated gas supply deal, while a much larger second arbitration continues.

28 September 2021

An LCIA tribunal has issued a final award in a dispute between the billionaire co-founders of India’s largest airline over its corporate governance.

27 September 2021

While Brexit’s effect on the popularity of England-seated arbitration is still unclear, it poses significant practical difficulties for practitioners seeking to travel to participate in arbitrations in the EU. Stuart Dutson, Jonathan Schuman, William Dunning and Eliza Jones of Simmons & Simmons in London report.

24 September 2021

Hopes that the US Supreme Court might soon rule on the availability of discovery for foreign commercial arbitration have been revived thanks to a petition by a German-owned car parts company in a dispute over a billion-dollar M&A.

23 September 2021

A Dutch energy company owned by embattled Angolan billionaire Isabel dos Santos has been placed into bankruptcy by a court in the Netherlands, in the wake of an arbitral tribunal’s finding that it acquired assets worth €650 million through “grand corruption”.

23 September 2021

Italian energy company Edison says it has defeated a price review claim worth several hundred million euros relating to a long-term contract for the purchase of liquefied natural gas from Qatar.

20 September 2021

A Belgium-based provider of personal hygiene products has agreed to settle an ICC claim against a Brazilian pharmaceuticals group over a €300 million acquisition.

17 September 2021

An UNCITRAL tribunal has rejected a Croatian mining company’s €18 million claim against a Kosovan government agency over a contract to develop a magnesite mine that was terminated on grounds of poor performance.

16 September 2021