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A French court has annulled a €90 million ICC award against Gabon after finding that a Maltese construction company’s gift of a luxury honeymoon trip to a public official was a “serious indication of corruption”.
26 May 2021
Hungary has failed to annul a €73 million ICSID award in favour of French food voucher services company Sodexo Pass International based on the Achmea ruling.
25 May 2021
Swedish investors have brought proceedings in California to enforce a second SCC award against a company owned by musical artist will.i.am relating to the aborted purchase of a wireless earbuds manufacturer.
24 May 2021
A German businessman who suffered a net loss in his billion-dollar ICSID claim against Lebanon over the revocation of his private jet company’s aviation licences has instructed new counsel as he applies to annul the award.
21 May 2021
A group of Turkish investors that won an ICC investment treaty claim against Syria over losses resulting from the country’s civil war have failed to overturn the arbitrators’ decision to award them compensation in Syrian pounds.
19 May 2021
Scotland’s Cairn Energy is targeting the assets of India's national airline as it seeks to enforce a US$1.3 billion investment treaty award.
17 May 2021
The assignee of a UAE company has applied to enforce a US$30 million award stemming from a Tanzanian power deal, accusing US energy company Symbion Power and its executives of asset-stripping to evade payment.
14 May 2021
A full recording of our GAR Connect Moscow Workshop can be found here.
14 May 2021
Libya has instructed counsel for a bid to overturn a New York state court’s decision to enforce a €20 million investment treaty award won by a Cypriot investor in a dairy and juice factory.
13 May 2021
A Spanish renewable energy company has applied to a Miami court to revive a nearly US$288 million ICC claim against the Dominican Republic for lost profits from a wind park that was never built.
12 May 2021
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