Work Area: Commercial arbitration

Indian drugmaker faces LCIA claim over covid vaccine

A Seattle biotech company is bringing an LCIA claim against its Indian former business partner amid a US$950 million dispute over alleged theft of technology used to develop covid-19 vaccines.

30 March 2022

Germany liable in car toll dispute at DIS

A tribunal at German arbitral institution DIS has found Germany liable for cancelling a contract to build and operate a car passenger toll system but has still to rule on a consortium’s claim for €560 million in compensation.

29 March 2022

Colombian beer trade secrets case can’t be heard in Florida

Florida’s Supreme Court has ruled that a Colombian craft beer company cannot compel arbitration of a US$500 million dispute with a private equity firm over alleged misuse of trade secrets.

28 March 2022

Australian miner launches claim against Greenland and Denmark

An Australian miner has filed for arbitration against Greenland and the Kingdom of Denmark over a uranium mining ban that has brought to a halt a billion-dollar rare-earth project.

23 March 2022

Nord Stream 2: sanctions against Russia and the potential for arbitration

Tomas Vail of Vail Dispute Resolution considers the potential investor-state arbitrations that may arise from the wave of sanctions imposed on Russia as well as its effects on commercial arbitrations.

23 March 2022

Austrian pharma group’s award partially enforced

A US court has partially enforced an ICC award won by an Austrian pharmaceuticals company against its Taiwanese partner after a €142 million order for damages was set aside in Germany.

22 March 2022

Dubai's shock decree – the fallout continues

GAR looks at the ongoing chaos in Dubai caused by a shock decree six months ago that effectively abolished the DIFC-LCIA Arbitration Centre in a bid to make DIAC the principal arbitral provider in the emirate.

19 March 2022

Korean university sues over proceeds of Samsung settlement

A Korean university has asked a US court to freeze US$21 million in funds that were placed in escrow by order of an ICDR emergency arbitrator in a fight over the proceeds of a patent litigation against Samsung.

17 March 2022

“True misnomer” doesn’t bar enforcement in Singapore

Singapore’s Court of Appeal has said a Norwegian oil services company can enforce an award issued in the name of another company that no longer exists, holding they are “for all intents and purposes” the same legal entity.

17 March 2022

UK settles debt with Iran as prisoners released

The UK government has paid a nearly £400 million arbitral debt to Iran as two British nationals are allowed to return home after years of detention in Tehran.

16 March 2022

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