Work Area: Commercial arbitration
GE enforces interim measures in Algerian power plant dispute
General Electric has persuaded a New York state court to enforce interim measures granted by an ICC tribunal against an Algerian state-owned entity in a dispute over a US$234 million power plant project.
28 April 2022
Arbitrations likely after Gazprom halts supplies
Practitioners have weighed in on Gazprom’s “extraordinary” decision to halt gas supplies to Poland and Bulgaria and how it may fare in the arbitrations that are likely to ensue.
27 April 2022
Alstom brings ICC claim over €4.4 billion M&A
French rail transport group Alstom has launched an ICC claim against Canadian jet manufacturer Bombardier over a €4.4 billion acquisition that closed last year.
26 April 2022
Anti-enforcement injunction denied in fight over ship explosion
A UK court has refused to enjoin a German shipowner from enforcing a US$200 million arbitration award relating to a lethal explosion on a container vessel a decade ago while the ship’s charterer pursues litigation to limit its liability for the accident.
25 April 2022
Sinopec defeats US enforcement bid
A US court has refused to enforce a US$21 million CIETAC award against a subsidiary of Chinese state-owned oil and gas company Sinopec.
25 April 2022
Jailed insurance executive loses challenge to Dutch award
A US businessman convicted of bribery has failed to overturn a Netherlands Arbitration Institute summary award requiring him to pay €150 million to a bankrupt Dutch life insurer owned by him.
21 April 2022
LCIA award upheld in med-tech dispute
A UK judge has rejected a German healthcare equipment supplier’s bid to revive a €575 million LCIA claim, dismissing arguments that the arbitrators ignored the undisputed evidence of their own witness.
14 April 2022
LCIA award doesn’t bind Russian defendants in bank fraud suit
The family of a Russian property tycoon being sued for US$800 million over an alleged banking fraud are not bound by findings of dishonesty in an LCIA award against companies said to be under their control, a UK judge has ruled.
12 April 2022
Janssen secures win in cancer drug royalties dispute
Belgian pharmaceuticals company Janssen has defeated a claim brought by a Danish biotech company over royalties due for a blood cancer treatment.
08 April 2022
Emergency arbitrator restrains Cameroon in mining dispute
An Australian mining company says it has won an interim order from an emergency arbitrator barring Cameroon from granting exploration rights to an iron ore deposit while their ICC dispute over the project is ongoing.
05 April 2022