Work Area: Enforcement and set-aside

US court enforces treaty award against Ukraine

A US court has confirmed a US$112 million investment treaty award in favour of Russian oil and gas producer Tatneft against Ukraine, dismissing arguments that the late arbitrator Francisco Orrego Vicuña showed bias by failing to disclose an appointment by the claimant’s counsel in a separate case.

25 August 2020

Counsel criticised in Kazakhstan enforcement battle

A US court has criticised counsel in discovery proceedings brought by Moldovan investors seeking to enforce a US543 million Energy Charter Treaty award against Kazakhstan, questioning the “judgment and lawyering” on both sides.

24 August 2020

Brazilian airline’s award enforced in Cayman Islands

The Court of Appeal of the Cayman Islands has enforced a Brazilian airline’s US$55 million ICC award against two private equity funds, ruling that the arbitrators were entitled to decide the case on a legal ground not pleaded by the parties.

19 August 2020

Veon subsidiary seeks to revive Canada claim

An Egyptian subsidiary of Dutch telecoms group Veon has applied to ICSID to revive a US$1.8 billion bilateral investment treaty claim against Canada that was dismissed on the merits earlier this year.

17 August 2020

Faulty service dooms bid to revive DR-CAFTA claim

Two dual nationals who sought to revive a US$41.5 million DR-CAFTA claim against the Dominican Republic were out of time in serving set-aside proceedings on the state, a US court has ruled.

14 August 2020

Venezuelan oil tanker targeted in Singapore

A subsidiary of a US glass manufacturer has reportedly applied to a Singapore court to seize an oil tanker owned by Venezuela’s national oil and gas company PDVSA, in its latest attempt to enforce an ICSID award worth over US$500 million.

14 August 2020

Lima pursues corruption challenge to toll award

The Peruvian municipality of Lima has asked a US court to set aside a US$68 million UNCITRAL award won by an Odebrecht subsidiary over a revoked toll road concession – as it says new evidence has emerged that underlying contract was procured through corruption.

11 August 2020

Finnish investor takes Egypt award to US court

A Finnish businessman has asked a US court to enforce an investment treaty award worth more than US$115 million he won against Egypt over the loss of his iron and steel business and his imprisonment – the fourth jurisdiction where he has sought enforcement.

10 August 2020

Romania to challenge award over environmental clean-up

Romania has issued a call for counsel as it prepares to challenge a €59 million ICC award won by Austrian oil and gas group OMV over the state’s failure to pay environmental clean-up costs.

10 August 2020

Chevron defeats bid to enforce Amazonian pollution judgment

The Argentine Supreme Court has refused to enforce a US$9.5 billion judgment against Chevron over environmental pollution in the Amazon that an UNCITRAL tribunal has found to be a denial of justice.

06 August 2020

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