News

The Court of Appeal in London has ruled that former Russian deputy finance minister Vladimir Chernukhin can proceed with his bid to have Oleg Deripaska committed to prison for contempt of court – also finding that a judge’s criticism of Clifford Chance arbitration partner Marie Berard “may not have been fair”.

30 November 2021

An Icelandic-owned entity has launched an ICC claim against Cabo Verde after the African island nation announced plans to renationalise its flag carrier in the wake of the covid-19 pandemic.

30 November 2021

Lise Johnson is joining Curtis Mallet-Prevost Colt & Mosle as counsel in London after almost a decade at the Columbia Center on Sustainable Investment (CCSI), where she served as head of investment law and policy.

30 November 2021

The Law Commission of England and Wales has announced it will conduct a review of the 1996 Arbitration Act to ensure English law remains the “gold standard” for international arbitration.

30 November 2021

An ICSID tribunal has rejected a US energy company’s US$460 million treaty claim against Kazakhstan over the alleged appropriation of an oil venture, according to the state.

29 November 2021

The Republic of the Congo has failed to disqualify Swiss arbitrator Charles Poncet from hearing an US$18 billion ICC claim by two mining companies based on his repeat appointments by the claimants’ law firm, Clifford Chance.

29 November 2021

One of Japan’s largest construction companies says it has defeated the bulk of a US$944 million JCAA claim brought by its partners in a consortium that worked on a major highway project in Algeria.

29 November 2021

At a virtual event, ICSID secretary-general Meg Kinnear addressed the future of ISDS and said the predicted “deluge” of investor-state claims relating to the covid-19 pandemic has not occurred. Rob Houston of K&L Gates Straits Law and Hena Sial and Lauren Sandground of K&L Gates report.

29 November 2021

After the Biden administration was hit with a US$15 billion NAFTA claim by the owner of a cancelled cross-border pipeline project, the Canadian province of Alberta has confirmed it intends to bring its own investment arbitration against the US – which practitioners suggest could be the first case of its kind under the trade agreement.

26 November 2021

Stéphane Richard has resigned as chairman and CEO of Orange after being convicted over his role in the French government’s decision to submit a €400 million dispute with the late French businessman Bernard Tapie to arbitration.

26 November 2021