Topic: New York Convention

An ICSID tribunal has ruled Spain must compensate a group of German investors for reforms to its renewable energy subsidy regime, while other disputes over the same measures have seen failed reconsideration requests and an unsuccessful enforcement bid in Colombia.

16 September 2022

A Chinese solar panel manufacturer has told a US court that a US$100 million fraud litigation brought by the renewables arm of France’s TotalEnergies belongs in ICC arbitration.

12 August 2022

A US appeals court has reluctantly dismissed a bid to annul a US$7 million ICC award concerning a Guatemalan hydroelectric project, finding it is bound by previous rulings in which it has “gotten it wrong” on the key issue, despite them clashing with Supreme Court precedent.

08 June 2022

A US court has ruled that a lawsuit brought against King & Spalding by a former client over the division of the proceeds of a US$45 million investment treaty award against Vietnam should go to arbitration.

13 January 2022

Iraq is to become the 168th signatory of the New York Convention after passing an accession law as part of its ongoing reconstruction programme after the US-led ousting of Saddam Hussein and the years of instability that have followed.

06 April 2021

Malawi has become the 167th party to the New York Convention, as an UNCITRAL arbitration brought by a Malawian-registered company against French energy group Total gets underway in South Africa.

16 March 2021

A US district court will hear an oil and gas company’s bid to enforce an award worth around US$10 billion against Nigeria, after it rejected the state’s sovereign immunity defence.

07 December 2020

Sierra Leone has become the 166th state party to the New York Convention.

10 November 2020

Although a national court's role in reviewing a tribunal's award on jurisdiction at the enforcement stage is well established, the type of review that the court is meant to undertake is "perilously" unclear and should be the subject of guidance, Lord Goldsmith argued during GAR Interactive Moscow.

21 October 2020

Ethiopia, which was last year named the fastest growing economy in Africa and second fastest growing economy in the world, has become the latest signatory of the New York Convention.

20 October 2020