Topic: Fees

Brazilian pulp award survives hacking allegations

A Brazilian court has upheld an ICC award in an acrimonious dispute over the multibillion-dollar sale of a pulp producer, dismissing allegations the procedure was tainted by a cyberattack and a conflict of interests and awarding US$114 million in legal fees to the winning side.

04 August 2022

Volterra Fietta can't collect fees under unlawful retainer

The High Court in London has affirmed that Volterra Fietta is not entitled to any of the nearly US$3 million it billed a client in an investment treaty arbitration under a conditional fee agreement that was found to be unlawful.

02 August 2022

Switzerland sees off first ICSID case after claimant is liquidated

The first-ever ICSID claim against Switzerland has been discontinued for failure to pay costs after the claimant was liquidated in the Seychelles at the request of its former arbitration counsel.

25 January 2022

Hong Kong urged to lift ban on success fees

The Law Reform Commission of Hong Kong has recommended that a ban on success fees in arbitration should be lifted to bring the special administrative region in line with other major arbitral seats.

15 December 2021

Brown Rudnick sues construction client after ICDR win

US firm Brown Rudnick has sued to recover fees from an Austrian construction client after successfully defending it in a US$100 million ICDR arbitration.

01 October 2021

Ask Jackie: LCIA chief takes questions in Paris

At a Q&A for Paris Arbitration Week, LCIA director general Jacomijn van Haersolte-van Hof discussed what makes the perfect arbitrator, why institutional appointments are a good thing, and the use of “closet” tribunal secretaries.

22 September 2021

King & Spalding sued by client in funded BIT case

A Dutch national who won a US$45 million investment treaty award against Vietnam is suing his arbitration counsel King & Spalding, accusing the firm of colluding with third-party funder Burford Capital to cheat him out of his due share of the proceeds.

15 June 2021

Damages and costs in investment treaty arbitration studied for a third time

As UNCITRAL draws closer to formulating recommendations for ISDS reform, Allen & Overy partner Matthew Hodgson has updated his study of damages and costs in investment treaty arbitration, confirming that tribunals are giving these issues greater attention even as costs incurred by claimants and respondents have dropped.

03 June 2021

Volterra Fietta ordered to repay former client in BIT case

London boutique Volterra Fietta has been ordered to repay US$1.6 million to a former client after its conditional fee agreement for an investment treaty arbitration was found to be unenforceable.

25 May 2021

Dentons wins seizure of client’s Congo award

A Delaware court has allowed Dentons to have a former client's US$250 million ICC award against the Democratic Republic of the Congo seized to recover unpaid legal fees.

30 August 2019

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