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A group of distressed investment funds have sought bankruptcy protection in New York to prevent a Brazilian airline from enforcing a decade-old ICC award worth US$60 million against their assets.
09 July 2021
A UK energy company pursuing an ICSID claim against the Republic of the Congo over an oil field has filed a related ICC case worth US$200 million against a Swiss commodities trader.
07 July 2021
The Supreme Court of Costa Rica has confirmed a US$23 million ICC award against one of the country’s largest construction groups – despite the fact it had not signed the underlying arbitration agreement.
22 March 2021
The Federal Court of Australia has ruled that litigation between an Australian food and beverage group and a US farmers’ cooperative over the licensing of almond milk products should be stayed in favour of an ICDR arbitration in California.
17 March 2021
The Paris Court of Appeal has upheld an ICC award requiring a Saudi prince’s media group to pay US$22 million to a Lebanese television station.
16 March 2021
A Hong Kong court has set aside a Swedish arbitrator’s US$18 million HKIAC award against a Chinese pipeline company relating to the Belt and Road initiative after concluding that the wrong entity was named as respondent.
09 March 2021
Luxembourg-based satellite operator SES has applied to enforce a costs award after fending off fraud claims brought by a Mexican business partner in an ICDR arbitration.
21 January 2021
The Swiss Supreme Court has ordered an ICC tribunal to reconsider its decision to uphold jurisdiction over claims against a South Korean subcontractor on a project to build a diesel power plant in Bangladesh.
14 December 2020
The High Court in London has dismissed most of a £185 million negligence suit against Pinsent Masons relating to a Chinese sportswear group’s missing assets – while refusing to stay the remainder of the claim on the basis of an HKIAC arbitration clause.
26 October 2020
The Court of Appeal of the Cayman Islands has enforced a Brazilian airline’s US$55 million ICC award against two private equity funds, ruling that the arbitrators were entitled to decide the case on a legal ground not pleaded by the parties.
19 August 2020
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