News

Claim against Slovenia over fracking ban gets underway

A UK oil and gas company has filed a long-trailed ICSID claim against Slovenia worth more than €500 million after the state imposed a blanket ban on hydraulic fracturing to produce natural gas.

16 August 2022

Vancouver arbitration centre introduces new rules

The Vancouver International Arbitration Centre has adopted new rules for commercial disputes, including provisions on expedited procedures and emergency relief.

16 August 2022

Russian claimant holed up in embassy loses case against Kuwait

A businesswoman who took refuge in the Russian embassy in Kuwait after being convicted of money laundering and embezzlement has lost an investment treaty claim against the Gulf state relating to her treatment.

15 August 2022

ICDR arbitrator decides multibillion life sciences dispute

A sole arbitrator at the ICDR has ruled in favour of Daiichi Sankyo in a dispute potentially worth billions of dollars over rights to technology the Japanese drugmaker is using in cancer medicines.

15 August 2022

Centerra settles Kyrgyz gold mine dispute

Canadian miner Centerra Gold has completed a transaction with Kyrgyzstan to resolve their dispute over the seizure of one of the largest gold mines in central Asia – despite a last-minute effort by Burford Capital and others to halt the settlement.

15 August 2022

Seeds of success: Bayer declares win in multibillion M&A dispute

German biotechnology company Bayer has defeated an ICC claim relating to the €7.4 billion sale of part of its crop science business to chemical producer BASF.

12 August 2022

Solar panel maker argues TotalEnergies fraud suit should go to ICC

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

Vape distributor breathes easy after ICDR award

A US seller of vaping devices has asked a US district court to enforce an ICDR award that held its former partner liable for breaching an exclusive global distribution agreement.

11 August 2022

A loss and a win for Peru

A US infrastructure group has won a US$177 million ICC award against a Peruvian government agency over a terminated project to build rural telecoms networks, as the Andean state announces it has defeated a US$97 million treaty claim by an oil investor.

11 August 2022

Kosovo defeats expropriation claim

An ICC tribunal has reportedly rejected a €65 million claim against Kosovo brought by an economist and former politician who claimed his investments in a network of petrol stations were expropriated.

11 August 2022

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