News
Ukrainian lawyers charged with fraud in Switzerland
Three partners at Ukrainian firm Eterna Law have been charged with fraud in Switzerland after a former arbitration client accused them of forging a legal services agreement.
02 December 2022
Spain fails to annul intra-EU award in solar case
An ICSID committee has upheld an award requiring Spain to pay €42 million to a Luxembourgish subsidiary of US private equity firm First Reserve, rejecting arguments that the tribunal should have declined jurisdiction over the intra-EU dispute.
02 December 2022
Africa-focused boutique launches arbitration practice
Poupak Anjomshoaa has left the partnership at Baker Botts to launch an international arbitration practice at Africa-focused boutique Trinity International, which has also hired partner Natasha Peter from Gide Loyrette Nouel in Paris.
02 December 2022
Saudi centre shares annulment data
There is only an 8% annulment rate for arbitral awards in Saudi Arabia and there was no example of a foreign arbitral award being annulled because of violation of public policy or shariah law in the first nine months of this year, the Saudi Center for Commercial Arbitration has revealed at an event held as part of Dubai Arbitration Week.
02 December 2022
The scent of arbitration
The SCC Arbitration Institute has relaunched with a new logo and website - along with a "unique perfume" marketed as "the scent of world class arbitration".
02 December 2022
Swedish investor drops ICSID claim over UAE residency permit
A Swedish-Iranian national who brought a funded ICSID claim against the United Arab Emirates over its refusal to renew his residency permit has dropped his case after the state contested the authenticity of some of his evidence.
01 December 2022
Korean centre in crisis as tensions come to the fore
The Korean Commercial Arbitration Board is “in crisis” after internal tensions are said to have led to the resignation of the highly respected chair of its international branch, Hi-Taek Shin, and other staff responsible for administering cross-border cases.
01 December 2022
Norway hit with another snow crab claim
Norway is facing another ICSID claim by an investor in the snow-crab industry, brought under a bilateral investment treaty that the state is reportedly seeking to terminate.
01 December 2022
Eversheds partner returns to the bar
Eversheds partner Claire Stockford, who has advised on ICSID claims against Egypt, Turkey and Kazakhstan, is returning to the bar to practise arbitration at Quadrant Chambers.
01 December 2022
Uniper brings claim against Gazprom
Germany’s Uniper says it has initiated a Stockholm arbitration against Gazprom, claiming damages of at least €11.6 billion for the curtailment of gas supplies in the wake of Russia’s war in Ukraine.
30 November 2022