Topic: Fees

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

Uproar in Slovakia over legal fees in hydro case

Slovakia’s government is facing criticism over revelations that it agreed to pay a success fee of €64 million to a local attorney who defended the state in a Vienna arbitration concerning a hydroelectric power plant.

02 October 2017

MONEY COLUMN: Winning isn’t everything

15 July 2015

MONEY COLUMN: Experts do not come cheap

02 February 2012

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