Work Area: Enforcement and set-aside

Agent can’t revive ICC claim after “kickbacks”

A Swiss court has upheld an ICC award that blocked a Panamanian company from recovering agency commissions from a client after it emerged the agent’s founder had paid “kickbacks” to one of the client’s employees.

21 January 2021

Mexican satellite fraud claim fails at ICDR

Luxembourg-based satellite operator SES has applied to enforce a costs award after fending off fraud claims brought by a Mexican business partner in an ICDR arbitration.

21 January 2021

Venezuela settles beef with cattle farmers

The administration of Venezuela’s opposition leader Juan Guaidó has agreed to pay around US$110 million to satisfy an ICSID award won by a British family business over the expropriation of its cattle farms.

20 January 2021

Salomon award upheld in Snoop Dogg royalties dispute

CORRECTED: A US court has upheld an award issued by ICC Court president-elect Claudia Salomon against a French cognac producer in a dispute arising in part from missed royalty payments to US rapper Snoop Dogg.

20 January 2021

Moldova loses appeal over ECT award

A US appeal court has upheld enforcement of a Ukrainian company’s US$58 million Energy Charter Treaty award against Moldova while remanding the issue of whether final judgment should be denominated in Moldovan lei or US dollars.

18 January 2021

Meydan racetrack award upheld in Dubai

A special committee formed to resolve disputes involving UAE real estate developer Meydan has upheld a US$313 million DIAC award won by a Malaysian property company over a cancelled contract to build a racecourse.

18 January 2021

Crystallex can proceed with sale of PDVSA refinery

A Delaware court has granted Canadian miner Crystallex permission to sell shares in the US refinery business owned by Venezuela’s national oil and gas company PDVSA, saying each day the creditor cannot collect its US$1.6 billion ICSID award is an “affront” to the US judicial system.

15 January 2021

Chinese swimmer wins challenge over arbitrator's tweets

A Swiss court has overturned a CAS award that handed a Chinese swimmer an eight-year doping ban – finding that the tribunal chair, former Italian foreign minister Franco Frattini, had shown bias in tweets criticising Chinese dog meat eating practices and referencing skin colour.

15 January 2021

Satellite investors seek to enforce treaty award against India

Mauritian investors have applied to a US court to enforce a US$111 million investment treaty award against India over a cancelled satellite telecoms deal – months after the enforcement of a billion-dollar ICC award related to the same project.

13 January 2021

Albania creditors freeze aviation funds

Italian businessman Francesco Becchetti and several other investors have seized funds held by a Brussels-based international aviation body to satisfy a €110 million ICSID award against Albania.

08 January 2021

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