Work Area: Enforcement and set-aside
Laos wins latest round of casino feud
A Singapore court has upheld a SIAC award favouring Laos in a long-running casino dispute, ruling the tribunal was within its rights to bar two gaming companies from raising claims argued in a prior arbitration.
06 June 2022
Czech enforcement saga leads to treaty award
An UNCITRAL tribunal has ordered the Czech Republic to pay several hundred million dollars to a blood plasma supplier and its owner, finding that the frustration of their efforts to enforce a contractual arbitration award was in breach of an investment treaty.
01 June 2022
Poland defeats second bid to revive treaty claim
The Paris Court of Appeal has for a second time rejected a bid to revive a US$125 million treaty claim against Poland over the collapse of a vegetable fats business, even after the US claimants were permitted to raise new jurisdictional arguments they hadn’t made in the arbitration.
31 May 2022
Libya loses appeal over Austrian investor’s award
A US appeals court has upheld an Austrian construction company’s €84 million investment treaty award against Libya, rejecting arguments that the tribunal did not issue a final decision and exceeded its powers.
31 May 2022
Airline catering award upheld in Singapore
A Singapore court has upheld an ICC award against a Korean airline in a billion-dollar dispute over in-flight catering, rejecting arguments the tribunal wrongly overlooked expert testimony.
30 May 2022
China’s HNA Group liable in Manhattan skyscraper dispute
A US entity has applied to enforce a US$185 million award against ailing Chinese conglomerate HNA over an investment in a skyscraper in Manhattan.
27 May 2022
Bristol Myers moves to enforce transgenic mice award
US pharmaceuticals company Bristol Myers Squibb has asked a US court to enforce an AAA award it won against Switzerland’s Novartis over royalty payments due for the use of genetically modified laboratory mice.
25 May 2022
ICDR throws out claim due to fake signature on contract
An ICDR arbitrator has dismissed a claim brought by a California mindfulness meditation company after finding the contract it was brought under bore a fake signature of one of the Austrian respondents.
25 May 2022
ICDR decides fight over US-Korean blockchain deal
A US blockchain technology company has asked a New York court to enforce an ICDR award rendered in a US$300 million dispute with a South Korean counterparty over a failed stock purchase.
24 May 2022
India seeks to reopen satellite award
India has applied for revision of a US$140 million investment treaty award won by Deutsche Telekom in a dispute over a cancelled satellite deal – arguing a recent ruling by its own Supreme Court shows the award is “tainted by illegality and fraud”.
20 May 2022