Topic: Criminal proceedings
Russian claimant holed up in embassy loses case against Kuwait
A businesswoman who took refuge in the Russian embassy in Kuwait after being convicted of money laundering and embezzlement has lost an investment treaty claim against the Gulf state relating to her treatment.
15 August 2022
Boris Johnson’s brother threatens claim against Mongolia
The half-brother of UK prime minister Boris Johnson has warned he may bring a US$50 million investment treaty claim against Mongolia for denial of justice over its failure to pursue a fraud prosecution against his local business partner.
03 August 2022
Belarus urged to free arbitrator detained over support for Ukraine
Belarusian authorities are facing calls to release arbitrator Aliaksandr Danilevich, who has been detained for the past two months after co-signing a statement calling for an end to Russia’s war in Ukraine.
15 July 2022
Lithuania defeats claim over bank nationalisation
An UNCITRAL tribunal has thrown out a US$300 million treaty case against Lithuania after ruling that a Russian fund could not bring the claim on behalf of the former majority shareholder of a nationalised bank.
12 July 2022
Oligarchs plan another treaty claim against the US
Entities controlled by Ukrainian oligarchs Igor Kolomoisky and Gennadiy Bogolyubov have revealed that they plan to file a third treaty claim against the United States related to assets that have been targeted by authorities over alleged money laundering.
24 May 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
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
Nigeria revives discovery bids in US and BVI
Nigeria has overturned orders in the courts of the US and British Virgin Islands that blocked it from obtaining discovery to support its allegations that a gas company procured a US$10 billion award against the state through fraud.
08 February 2022
Betto loses appeal against Paris Bar sanction
A French court has upheld a Paris Bar Council decision sanctioning arbitration lawyer Jean-Georges Betto for creating a “sexualised climate” at his law firm, while extending the length of his temporary ban from practice from two to six months.
27 January 2022
Vietnam media group liable in M&A dispute
A SIAC tribunal has ordered a Vietnamese media group to pay nearly US$27 million to the Korean buyers of its interest in an electronic payments business that was implicated in an illegal online gambling ring.
13 January 2022