Work Area: Enforcement and set-aside

Senegalese roadbuilder enforces award against Guinea

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

Privy Council reinstates award against Mauritian state entity

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

Ghana too late to challenge power plant award

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

Ukrainian Supreme Court blocks Firtash award

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

West Virginia governor’s company on the hook for ICC award

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

Reliance and Shell win another round in Indian oilfield dispute

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

Kuwaiti investor seeks to revive Iraq telecoms claim

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

Ukraine fails to secure stay despite national security concerns

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

Ecuador fails to annul bulk of Perenco award

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

BVI court unfreezes Pakistani airline assets

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

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