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A Spanish conglomerate has reportedly won a €128 million ICC award against a subsidiary of Algeria’s national oil and gas company Sonatrach over the failed purchase of a stake in a fertiliser venture.
07 June 2023
An Omani engineering company has agreed to settle an ICC dispute with a Hyundai affiliate over delays to a billion-dollar sewage treatment plant in Muscat.
02 June 2023
An ICC panel is hearing a Lebanese businessman’s bid to revive a US$120 million claim against US-based Marriott International over a Beirut hotel that has spawned multiple arbitrations over the past two decades.
26 May 2023
Belgium’s supreme court has affirmed a controversial ruling that ICC awards can be drafted by tribunal secretaries if their work is reviewed by the arbitrators.
24 May 2023
An Australian mining company says it is defending an ICC claim worth US$1.42 billion brought by a Chinese mining company and a state-owned entity in the Democratic Republic of the Congo – the sixth arbitration to be filed over a troubled lithium project.
16 May 2023
An Australian mining company says an ICC emergency arbitrator has ruled in its favour in a dispute with a state-owned entity in the Democratic Republic of the Congo over a lithium joint venture.
09 May 2023
A China-based biotech company says it has defeated a damages claim worth more than US$200 million in an ICC case over a collaboration to develop cancer-fighting antibodies.
25 April 2023
Laurent Aynès has been disqualified as president of the arbitral tribunal hearing a US$32 billion case over a gas supply contract brought by Crescent Petroleum against Iran's national oil company.
27 March 2023
Kuwaiti logistics group Agility says two of its affiliates have won US$1.65 billion in an ICC claim against an Iraqi mobile operator that was found to have engaged in bribery and corruption.
21 March 2023
The National Iranian Oil Company has failed to disqualify three arbitrators from a US$32 billion case over their refusal to reschedule a hearing despite the unavailability of the state entity’s senior lead counsel.
31 January 2023
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