Work Area: Enforcement and set-aside

Kyrgyzstan says it has defeated a claim worth nearly US$300 million over the alleged expropriation of a mobile operator, with a tribunal finding the investment was tainted by corruption.

12 October 2021

The Republic of the Congo has filed a criminal complaint alleging that a billion-euro ICC award against the state was obtained through corruption on the part of Yves Derains – allegations the leading French arbitrator has dismissed as “pure inventions”.

11 October 2021

Russia has applied to set aside a multibillion-dollar award rendered in one of the second wave of Energy Charter Treaty cases relating to the collapse of Yukos.

11 October 2021

A French court has upheld a US$30 million ICC award in favour of Yemen despite arguments the proceeds could be used to fund terrorist groups including Al-Qaeda and thereby violate human rights and international sanctions.

07 October 2021

A Dutch appeal court has refused to recognise an ICDR emergency award blocking Curaçao’s state-run refining company from targeting assets owned by Venezuela’s national oil and gas company PDVSA.

07 October 2021

The UK Privy Council has confirmed that common law courts can grant freezing injunctions against parties over whom they have personal jurisdiction to aid enforcement of foreign judgments.

06 October 2021

An Australian court has upheld Chevron’s bid to set aside an interim award in a US$290 million dispute over labour costs at a massive offshore gas project, ruling that the arbitrators erred by allowing a contractor to reopen issues of liability.

05 October 2021

An ICSID committee has lifted a stay of enforcement of a US$9 billion award in favour of ConocoPhillips while it considers Venezuela’s bid to annul the award.

05 October 2021

An Italian court has refused to set aside two ICC awards against a Tecnimont subsidiary because of the failure of two arbitrators to disclose that they formerly worked at the same Swiss law firm – a challenge previously rejected by the ICC Court.

04 October 2021

UPDATED: A US court has confirmed an investment treaty award requiring Libya to pay €84 million to an Austrian engineering company for construction contracts that were disrupted by the country’s 2011 revolution, as details of a separate award against the state worth €280 million emerge.

01 October 2021