A Spanish wind farm investor has failed to revive a nearly US$288 million ICC claim against the Dominican Republic for lost profits, while an Australian mining company’s ICSID claim against the Caribbean state has cleared the jurisdictional stage.
02 March 2022
A Brussels court has set aside a US$10 million UNCITRAL award that held Poland liable for a denial of justice – in what is thought to be the first time an investment treaty award has been annulled in Belgium.
01 March 2022
An ICC tribunal has ruled that a US headphones maker violated a confidentiality agreement with Apple when it sued the California-based tech multinational for alleged patent infringement.
01 March 2022
A Canadian court has dismissed a US businessman’s attempt to revive a US$472 million NAFTA claim against Mexico over a regulatory decision that allegedly destroyed his telecoms business.
24 February 2022
Sons of a prominent Russian businessman took part in a “dishonest scheme” with a bank executive to replace US$500 million worth of secured loans with “unmarketable” bonds, according to a now-public LCIA award.
22 February 2022
UPDATED: Indonesia’s ministry of defence is reportedly resisting a Hungarian technology group’s efforts to enforce a US$20 million ICC award over a cancelled satellite project.
21 February 2022
Beny Steinmetz’s eponymous mining company may seek to overturn a US$2 billion LCIA award in favour of Brazil’s Vale following the collapse of a related fraud litigation this week, the Israeli businessman’s lawyers have said.
17 February 2022
The German Supreme Court has set aside a €140 million damages award against a Taiwanese pharmaceuticals company after finding the ICC tribunal violated its right to be heard – in a fight over a blood cancer drug that has spawned a second ICC case worth US$5 billion and a criminal complaint.
16 February 2022
A Swiss court has upheld an ICC award requiring Italian power utility Edison to pay over €91 million to Belgian chemicals producer Solvay for breaches of environmental guarantees relating to the sale of two industrial plants two decades ago.
16 February 2022
A court in Vilnius has refused to admit claims brought by the Lithuanian government against French environmental services group Veolia that were originally raised in an intra-EU BIT arbitration at ICSID.
14 February 2022
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