Work Area: Enforcement and set-aside

Pakistani airline assets frozen in BVI

A court in the British Virgin Islands has attached assets belonging to Pakistan’s national airline – including interests in two hotels in New York and Paris – at the request of an Australian mining venture seeking to enforce a US$6 billion ICSID award.

05 January 2021

What you missed at ICSID

Before the holiday break, ICSID saw another solar award rendered against Spain, a stay lifted in another renewables case, a new €100 million claim against Albania and the settlement of a US$500 million claim against Uzbekistan.

04 January 2021

France's top court rules on territoriality

France's top court has issued an important decision confirming the territoriality of enforcement proceedings begun in the country and refusing to revive an attachment of funds belonging to Panama's Canal Authority that was lifted more than three years ago.

18 December 2020

Port project award upheld in Egypt

A court in Cairo has upheld an ICC award requiring an Egyptian state authority to pay US$490 million to a Kuwaiti-led consortium for terminating a contract to build a container terminal facility at the port of Damietta.

14 December 2020

ICC panel told to revisit Bangladeshi diesel plant award

The Swiss Supreme Court has ordered an ICC tribunal to reconsider its decision to uphold jurisdiction over claims against a South Korean subcontractor on a project to build a diesel power plant in Bangladesh.

14 December 2020

French court upholds Qatari waste plant award

A French court has largely rejected Qatar's bid to partially set aside a U$37 million ICC award won by a Singapore technology company over a waste facility.

11 December 2020

Fraud award upheld in fight over failed construction venture

A Singaporean businessman based in India has failed to overturn a SIAC award that found he made serious fraudulent misrepresentations to his partners in a failed construction business.

10 December 2020

Nigerian state oil company defeats challenge to billion-dollar award

A Lagos court has upheld a US$1.7 billion award won by Nigeria’s national oil and gas company in a dispute with a local producer over the termination of exploration agreements that later became the subject of a corruption probe.

09 December 2020

Equatorial Guinea hospital award lands in US court

A Swiss company has asked a US court to enforce a Swiss Chambers award against Equatorial Guinea, nearly a decade after it was expelled from managing the Central African state’s main referral hospital.

09 December 2020

Libya fails in Swiss set-aside bid

A Swiss court has dismissed Libya’s challenge to a US$22 million ICC treaty award issued in favour of a Turkish contractor after the state failed to comply with a settlement agreement.

08 December 2020

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