Work Area: Commercial arbitration

Romanian real estate dispute heads to London

Johannesburg-listed property investment group NEPI Rockcastle has announced it is in arbitration over a €290 million sale of offices in Romania that stalled in the wake of the covid-19 pandemic.

10 July 2020

UK Supreme Court to hear Kabab-Ji v Kout appeal

The UK Supreme Court has given a Lebanese food company leave to appeal a decision that refused enforcement of an ICC award against a non-signatory – weeks after the same award was upheld by a French court at the seat of arbitration.

10 July 2020

Chinese-US aircraft venture spawns Hong Kong award

A Chinese-owned company has asked a Missouri court to enforce an US$87 million HKIAC award against its US partner in a failed joint venture to resell used aircraft.

09 July 2020

US appeals courts split on discovery for commercial arbitration

A US appeals court has refused to allow a Chinese businessman to obtain documents for use in a CIETAC proceeding – cementing a divide between the country's courts on whether they can grant discovery in aid of foreign commercial arbitrations.

08 July 2020

SIAC to hear claim over Vietnamese gas block

A Singaporean oil and gas company has filed a SIAC claim against a subsidiary of Japan’s Inpex Corporation over a deal to acquire a US$14 million stake in a Vietnamese offshore gas block.

08 July 2020

Mexican state utility liable for stalled hydro project

A Chinese-Mexican consortium has won a US$220 million LCIA award against Mexico’s state electric utility over a hydroelectric project disrupted by local protests.

06 July 2020

Paris tribunal decides Peruvian toll dispute

A Paris-seated tribunal has ruled in a dispute over toll rates between the Peruvian municipality of Lima and a French-owned road concessionaire – as a new arbitration between the parties gets underway.

03 July 2020

Korean gaming company enjoys winning streak

South Korean videogame developer WeMade has received favourable awards in three arbitrations over an online role-playing game series, including the largest case ever heard at the Korean Commercial Arbitration Board.

03 July 2020

Mauritanian state entity defeats iron ore claim

Mauritania’s state-owned mining company has reportedly defeated an ICC claim by a Spanish construction group over delays to a €140 million iron ore enrichment plant in the West African state.

03 July 2020

UK court sides with Guaidó in gold battle

In a blow to Venezuelan president Nicolás Maduro, a London court has ruled that the UK government “unequivocally” recognises Juan Guaidó as the country’s interim president in a battle for control of the state's gold reserves held by the Bank of England.

02 July 2020

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