A French court has rejected Iraq’s bid to revive a €62 million ICC claim over a contract for the supply of combat helicopters that was disrupted by an arms embargo against the former regime of Saddam Hussein.
22 April 2022
A US businessman convicted of bribery has failed to overturn a Netherlands Arbitration Institute summary award requiring him to pay €150 million to a bankrupt Dutch life insurer owned by him.
21 April 2022
A French court has lifted attachments on assets of the Libyan Investment Authority worth several hundred million euros – following a European Court of Justice ruling that practitioners say is also likely to complicate enforcement against Russian assets.
20 April 2022
In a landmark pair of judgments, a French court has set aside two intra-EU BIT awards against Poland on the basis of the European Court of Justice’s ruling in the Achmea case.
19 April 2022
A US court has ruled that proceedings to enforce the US$57 billion Yukos awards against Russia should resume after a six-year stay, citing concerns that targeting the state’s assets may become more difficult following the war in Ukraine.
14 April 2022
A UK judge has rejected a German healthcare equipment supplier’s bid to revive a €575 million LCIA claim, dismissing arguments that the arbitrators ignored the undisputed evidence of their own witness.
14 April 2022
Petrol companies linked to Ukrainian businessman Igor Kolomoisky have asked a US court to enforce a previously confidential investment treaty award that held Russia liable for the seizure of their assets in Crimea by paramilitary forces eight years ago.
11 April 2022
A Paris court has overturned a US$180 million ICC award against Gabon after finding sufficient evidence that public works contracts at the heart of the dispute were procured through corruption – including the alleged delivery to a minister of a cash-stuffed Louis Vuitton bag.
06 April 2022
Greece’s state-owned gas company Depa has defeated an attempt by Turkish counterpart Botaş to have a Stockholm court set aside a US$227 million ICC award over the price of gas supplied under a pipeline deal.
05 April 2022
A US court has granted India a stay of enforcement of a US$111 million investment treaty award in favour of Mauritian telecoms investors, as a French court denies the investors permission to intervene in an action to enforce a related ICC award.
04 April 2022
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