News

Chevron escapes bulk of jetty claim

An UNCITRAL tribunal has dismissed the bulk of a US$1.3 billion claim by an Australian construction company against Chevron over the construction of a jetty for one of the world’s largest natural gas projects.

21 October 2020

A perilous lack of clarity - Lord Goldsmith on courts' review of jurisdiction

Although a national court's role in reviewing a tribunal's award on jurisdiction at the enforcement stage is well established, the type of review that the court is meant to undertake is "perilously" unclear and should be the subject of guidance, Lord Goldsmith argued during GAR Interactive Moscow.

21 October 2020

Stay clear of political issues, Russian minister warns tribunals

Russia’s Deputy Minister of Justice Mikhail Galperin has argued that arbitral tribunals lack authority to decide private claims that involve determination of national or international political questions - pointing to the Crimea and Yukos investment treaty cases against Russia.

21 October 2020

Tribunal hears claim against Saudi Arabia over Qatar blockade

A tribunal is in place to hear a treaty claim brought against Saudi Arabia by a Qatari pharmaceutical company and its founder, who allege their investments were destroyed by the continuing blockade of Qatar by its Arab neighbours.

20 October 2020

Argentine grid manager faces second PCA claim

Argentina’s electricity market manager is facing a second claim at the Permanent Court of Arbitration filed by an investor in a World Bank-sponsored renewables incentives programme.

20 October 2020

Lord Kerr joins London chambers

Following his retirement from the UK Supreme Court, Lord Kerr has joined Francis Taylor Building Chambers in London to accept arbitrator appointments.

20 October 2020

Ethiopia joins New York Convention

Ethiopia, which was last year named the fastest growing economy in Africa and second fastest growing economy in the world, has become the latest signatory of the New York Convention.

20 October 2020

Korean energy producer raises stakes in licensing dispute

South Korea’s largest energy producer is counterclaiming for US$880 million in two pending ICC arbitrations relating to technology licences – accusing the US fuel cell manufacturer that filed the cases of fraud and breach of contract.

19 October 2020

Croatia faces another claim over currency law

A Hungarian bank has brought a US$35 million ICSID claim against Croatia – the latest in a string of cases the state has faced over legislation to convert loans held in Swiss franc into euros.

19 October 2020

Australian firm practice head joins London set

Russell Thirgood has left his role as head of arbitration at Australian firm McCullough Robertson to join the arbitrator wing of the International Arbitration Centre (IAC) in London.

19 October 2020

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