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The High Court in London has affirmed that ICSID awards can be registered in the UK on an ex parte basis, and that normal service requirements in a US$2 billion enforcement action against Egypt can be dispensed with in circumstances where a diplomatic bag sent from Cairo to London went missing.
06 July 2020
In a confrontation reminiscent of the famous Dallah case, the Paris Court of Appeal has upheld an ICC award after finding that French law determined whether the debtor was bound by the arbitration agreement – months after an appeal court in London refused enforcement on the basis that English law applied.
25 June 2020
A group of Luxembourgish and French private equity investors are seeking enforcement of their €34 million ICSID award against Spain in the US courts – joining a queue of creditors trying to enforce awards won over reforms to the state's renewable energy sector.
24 June 2020
An ICSID annulment committee has dismissed a Barbadian trust manager’s bid to revive its US$400 million claim against Venezuela, which was declined on jurisdictional grounds.
23 June 2020
A US district court must first hear Nigeria’s sovereign immunity defence before ruling on an oil and gas company’s bid to enforce an almost US$10 billion award against the state, following a decision by an appeals court in Washington, DC.
22 June 2020
The Commercial Court in London has upheld the enforcement of an ICC award against Alstom despite allegations that the performance of the underlying contract was tainted by bribery.
18 June 2020
A US court has enforced a US$248 million ICSID award against Venezuela, the first of two awards won by a Luxembourg steelmaker following the nationalisation of the country’s steel industry.
18 June 2020
A US company’s bid to revive a US$65 million claim against Uruguay has been discontinued at ICSID, but the claimant’s owner has threatened the state with a new treaty claim.
17 June 2020
Spain has persuaded an ICSID committee to annul a €128 million award in favour of a solar power investor on the basis of arbitrator Stanimir Alexandrov’s failure to disclose a longstanding professional relationship with one of the claimant’s expert witnesses from the Brattle Group.
12 June 2020
An Indonesian court has reportedly dismissed a challenge to a US$68 million SIAC award in favour of a subsidiary of India’s Reliance Power over three coal-mining concessions.
12 June 2020
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