Work Area: Commercial arbitration

Polish state gas company PGNiG says it has launched a fresh arbitration against Gazprom concerning interest on overpayments for gas supplied over a six-year period.

19 May 2022

Finland’s state-owned gas company has said it is bringing an arbitration against Gazprom’s export arm – the first reported case arising from Russia’s demand that gas supplies be paid for in roubles.

18 May 2022

An English court has ruled that an arbitrator has no jurisdiction to hear an Indian commodities group’s US$300 million claim against a Ghanaian state-owned bank – but could the dispute turn into an investment treaty claim?

18 May 2022

The UAE’s Crescent Petroleum has asked a US court to enforce a US$2.4 billion award against Iran’s national oil company, shedding light on a fraught 13-year arbitration that saw three arbitrators resign and a tribunal chair disqualified.

17 May 2022

In a keynote speech at GAR Live London, Lord Mance gave an overview of problems affecting international arbitration in London, including how to deal with arbitrator conflicts of interest and confidentiality following the UK Supreme Court decision in Halliburton v Chubb; and "the outside world... making itself felt" through state-imposed sanctions.

17 May 2022

One of China’s largest mining groups has launched an ICC claim over the purchase of a stake in a major lithium project in the Democratic Republic of the Congo.

13 May 2022

As Hong Kong’s legislature considers a bill to allow success fees in arbitration, Kathryn Sanger and Briana Young of Herbert Smith Freehills and Emily Tillett of Burford Capital consider how such fee structures may intersect with the legal finance industry.

13 May 2022

Squire Patton Boggs partners Michelle Bock, Max Rockall, Stephen Anway and George von Mehren consider the options available to European importers of Russian gas in the wake of President Putin’s decree that supplies should be paid for in Russian roubles.

11 May 2022

A General Electric subsidiary has paid an ICC award over a Lithuanian power plant project after Sweden's Supreme Court refused to hear its final appeal that the contract was tainted by corruption – a case practitioners say shows the Swedish courts are taking a “UK approach” to such allegations.

05 May 2022

A US court has ruled that Brazil’s Petrobras is barred from pursuing bribery claims in an ICDR arbitration over the purchase of a US oil refinery under the terms of a decade-old US$820 million settlement.

03 May 2022