Work Area: Enforcement and set-aside

A US court has confirmed a Senegalese company’s ICC award against Guinea over a project to upgrade an airport road network, after the state failed to appear.

15 June 2021

The Privy Council in London has reinstated a US$120 million SIAC award against a Mauritian state-owned company, ruling that the island nation’s courts were not entitled to review an arbitrator’s finding that the underlying contract was not illegal.

14 June 2021

UPDATED: The Commercial Court in London has refused to allow Ghana to bring a belated challenge to an UNCITRAL award worth over US$134 million in favour of a power contractor, ruling that national elections and covid-19 did not make the state's delay reasonable.

11 June 2021

Ukraine’s Supreme Court has blocked enforcement of a US$260 million Stockholm Chamber of Commerce award obtained by a company owned by Ukrainian billionaire Dmytro Firtash against the state-owned operator of a fertiliser plant on the Black Sea.

11 June 2021

A Delaware court has enforced an ICC award worth more than US$10 million in favour of a Russian-owned entity against a mining business owned by the governor of West Virginia after it failed to post a bond.

09 June 2021

India has challenged a partial award permitting Reliance and a Royal Dutch Shell subsidiary to recover further development costs for an offshore oilfield - in a US$5 billion arbitration that has lasted more than a decade

08 June 2021

A Kuwaiti logistics group has turned to new counsel in its bid to revive a US$660 million ICSID claim against Iraq over the alleged expropriation of a mobile phone operator.

08 June 2021

A US court has refused to grant Ukraine a stay of enforcement on a US$173 million treaty award held by Russian oil and gas producer Tatneft, dismissing an argument that information sought in a related discovery proceeding could facilitate “Russian aggression.”

02 June 2021

UPDATED: An ICSID committee has largely upheld Bahamian oil company Perenco’s US$449 million award against Ecuador – reducing the damages by US$36 million after annulling certain findings on quantum.

01 June 2021

A court in the British Virgin Islands has lifted attachments obtained by an ICSID creditor against US$3.1 billion worth of assets belonging to Pakistan’s national airline, including interests in two hotels in New York and Paris.

26 May 2021