News

In a first, a US court has refused to enforce an Energy Charter Treaty award against Spain, finding that under EU law the state lacked the legal capacity to extend an offer to arbitrate an intra-EU investment dispute.

30 March 2023

A mining magnate has reportedly made good on his threat to launch the largest ever treaty claim on record, seeking US$200 billion from Australia over legislation that prevented him from pursuing a prior arbitration against a state government.

30 March 2023

Georgia has applied to annul a US$76 million ICSID award won by subsidiaries of a Russian state-owned energy company in a dispute over energy tariffs that has given rise to a US$112 million SCC award issued by the same tribunal.

30 March 2023

A Spanish explosives manufacturer has reportedly brought a contractual claim against Uzbekistan over a joint venture in the chemicals industry.

29 March 2023

A Dutch appeal court has upheld an UNCITRAL tribunal’s finding that a Russian businessman waited too long to bring a damages claim against Mongolia after the state was found in breach of an investment treaty.

29 March 2023

A former international arbitration partner at several well-known law firms has been charged with making false statements in US bankruptcy proceedings.

29 March 2023

A South Korean videogame developer says it has won a US$150 million award in an ICC dispute over the licensing rights to a popular online game.

28 March 2023

UPDATED: A UK energy company that recently purchased ExxonMobil’s upstream oil assets in Chad has said it will seek ICC arbitration over the African state’s decision to nationalise them.

28 March 2023

Andrei Yakovlev has left the partnership at King & Wood Mallesons to join Boies Schiller & Flexner in London.

28 March 2023

Graham Coop has left Volterra Fietta to become co-head of the new investor-state dispute settlement and public international law practice at Pinsent Masons.

28 March 2023