News

New practice head at Stephenson Harwood

Stephenson Harwood has appointed Rovine Chandrasekera, who launched the firm’s Middle East practice and has a background in marine law, as its new head of international arbitration.

19 January 2021

Disputes arise from Colombian hydro disaster

UPDATED: A Colombian public utility is seeking US$1.6 billion from a Spanish insurer following the collapse of a hydroelectric dam which caused a major flood, while another billion-dollar dispute with the consortiums behind the project has also gone to arbitration.

18 January 2021

Moldova loses appeal over ECT award

A US appeal court has upheld enforcement of a Ukrainian company’s US$58 million Energy Charter Treaty award against Moldova while remanding the issue of whether final judgment should be denominated in Moldovan lei or US dollars.

18 January 2021

Meydan racetrack award upheld in Dubai

A special committee formed to resolve disputes involving UAE real estate developer Meydan has upheld a US$313 million DIAC award won by a Malaysian property company over a cancelled contract to build a racecourse.

18 January 2021

Clifford Chance team launches Moscow boutique

The eight-lawyer disputes team at Clifford Chance in Moscow led by partner Timur Aitkulov has left the firm to launch a new disputes boutique in the Russian capital.

18 January 2021

New group puts spotlight on race

A new group, Racial Equality for Arbitration Lawyers, will seek to bring about more racial diversity and equality in the international arbitration field.

18 January 2021

Georgia faces renewed claim over oil and gas block

A Gibraltar entity has threatened to bring a US$22 million Energy Charter Treaty claim against Georgia over an oil and gas block – more than a year after its Australian parent company withdrew an ECT claim over the same project.

15 January 2021

Crystallex can proceed with sale of PDVSA refinery

A Delaware court has granted Canadian miner Crystallex permission to sell shares in the US refinery business owned by Venezuela’s national oil and gas company PDVSA, saying each day the creditor cannot collect its US$1.6 billion ICSID award is an “affront” to the US judicial system.

15 January 2021

Chinese swimmer wins challenge over arbitrator's tweets

A Swiss court has overturned a CAS award that handed a Chinese swimmer an eight-year doping ban – finding that the tribunal chair, former Italian foreign minister Franco Frattini, had shown bias in tweets criticising Chinese dog meat eating practices and referencing skin colour.

15 January 2021

Lévy Kaufmann-Kohler partner goes solo as firm promotes

Sabina Sacco has left the partnership at Lévy Kaufmann-Kohler to work as an independent arbitrator, as the Geneva boutique promotes Nina Lauber-Thommesen to counsel.

15 January 2021

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