News

Net loss for airline investor in Lebanon claim

An ICSID tribunal has ordered Lebanon to pay damages to a German businessman over the revocation of his private jet company’s aviation licences – but awarded the state a larger amount in costs.

19 January 2021

HSBC threatens El Salvador over court delay

An affiliate of British bank HSBC has threatened El Salvador with an ICSID claim over its Supreme Court’s delay in considering an appeal against a US$50 million judgment.

19 January 2021

Fresh dispute looms as Biden prepares to axe Keystone XL pipeline

The US could once again face arbitration over the Keystone XL pipeline if the incoming Biden administration presses ahead with reported plans to revoke the permit for the US$8 billion project.

19 January 2021

ICC report examines unreliability of witnesses

The ICC has published a new report on the accuracy of fact witness testimony in international arbitration, analysing the science behind human memory and offering guidance on how to make fact witness evidence more reliable.

19 January 2021

European boutique hires from Linklaters

Alicja Zielińska-Eisen, who helped a Luxembourg entity win a €176 million treaty award against Poland, has left Linklaters to join newly-launched disputes boutique Queritius as of counsel, splitting her time between Warsaw and Berlin.

19 January 2021

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

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