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An ICC tribunal has declined to hear a UK energy company’s US$200 million claim against a Swiss commodities trader over an oil field in the Republic of the Congo – finding no basis to extend an arbitration clause to non-signatories.
29 August 2023
A US appeals court has refused to set aside a pair of ICC awards worth US$285 million in favour of the Panama Canal Authority based on the arbitrators’ involvement in unrelated arbitrations.
21 August 2023
A Kosovan government-owned mobile operator has failed to overturn a €10 million ICC award that found it breached an obligation to negotiate a contract renewal in good faith.
21 July 2023
A Turkish joint venture says that a Libyan state entity has agreed to pay US$35.4 million to settle an ICC dispute over a construction project disrupted by the country’s civil war.
19 July 2023
A Cyprus-based company controlled by an online poker entrepreneur has filed an ICC claim against two Spanish real estate developers over a €600 million luxury complex in Madrid.
07 July 2023
The ICC has rebuffed a call from prominent Mexican practitioner Marco Tulio Venegas to move its annual conference away from Miami in protest at Florida’s new anti-immigration law.
07 July 2023
The Court of Appeal in London has affirmed that Italian engineering group Tecnimont breached an anti-suit injunction issued in aid of a billion-euro ICC arbitration over a Russian ammonia plant disrupted by international sanctions.
03 July 2023
Kuwait’s Agility and France’s Orange have won a Cayman freezing injunction against a prominent Iraqi businessman and military commander in aid of efforts to enforce a US$1.6 billion ICC award.
22 June 2023
French pharmaceuticals group Sanofi says an ICC tribunal has ruled in its favour in a dispute with Germany’s Boehringer Ingelheim over US litigation liabilities arising from withdrawn heartburn drug Zantac.
20 June 2023
Colombia’s state-owned oil company Ecopetrol says it has been awarded US$1 billion in damages in an ICC dispute with a US contractor over a troubled refinery in Cartagena.
08 June 2023
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