Work Area: Enforcement and set-aside
Zimbabwe faces US enforcement bid
A Swiss-German family have applied to a US court to enforce an ICSID award against Zimbabwe now worth more than US$274 million, which compensated them for land expropriations carried out by the government of former president Robert Mugabe.
27 July 2021
Latvian banker seeks to revive Kyrgyz award
A Latvian businessman is seeking to overturn a landmark French court ruling on corruption and reinstate his investment treaty award against Kyrgyzstan, GAR has learned.
22 July 2021
UK Supreme Court imposes strict service requirements for enforcing against states
Jonathan Gimblett and Tom Cusworth of Covington & Burling consider a recent UK Supreme Court ruling that service of enforcement proceedings on a foreign state through diplomatic channels cannot be dispensed with – arguing it has strengthened the hand of debtor states.
22 July 2021
Qatari award blocked on appeal in Australia
The Federal Court of Australia has blocked enforcement of an award made in Qatar, ruling that a Doha court erred by stepping in to make the appointments.
21 July 2021
PDVSA award reinstated despite corruption allegations
The Dutch Supreme Court has reinstated an ICC award against a subsidiary of Venezuela’s national oil and gas company PDVSA that was set aside two years ago on grounds of corruption.
16 July 2021
Caribbean appeal court can’t grant interim relief against Pakistan
The Eastern Caribbean Court of Appeal has ruled it has no power to grant injunctive relief against Pakistan at the request of an ICSID creditor when a lower court’s finding that the state enjoys immunity has not been set aside.
15 July 2021
ICC rejects challenge over alleged cyber-attack
As a Brazilian court lifts a stay on an award in a multibillion-dollar M&A dispute, the ICC Court has rejected a bid to disqualify the entire tribunal based on an alleged cyber-attack.
14 July 2021
Thai wind farm awards annulled in Singapore
The Singapore Court of Appeal has annulled ICC awards worth more than US$525 million in a feud between two Thai businessmen over the sale of wind energy assets.
14 July 2021
Shell can pursue claim over Thai customs services
A London court has upheld an LCIA award allowing Shell to proceed with a claim against a German government-owned logistics company over customs services for gasoline imported to Thailand.
13 July 2021
Venezuelan state entity wins appeal over service
A Florida court has vacated a default judgment that enforced a US$188 million award against a Venezuelan state-owned entity after ruling that the respondent was incorrectly served with the enforcement proceedings.
12 July 2021
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