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The Commercial Court in London has refused to restrain a call on a bond in a dispute over the US$215 million construction of a peat-fired power plant in Rwanda pending an ICC emergency arbitration in Singapore.
15 April 2021
Canadian miner Turquoise Hill Resources has settled an arbitration with its majority shareholder Rio Tinto concerning US$2.3 billion in funding for a troubled copper and gold project in Mongolia, while an investor-state claim over tax measures continues.
12 April 2021
A Dutch appeal court has refused to allow French-Italian eyewear maker EssilorLuxottica to obtain discovery in a dispute over a €5.5 billion takeover disrupted by the covid-19 pandemic.
08 April 2021
A UK court has ruled that a Scottish power generation company operating in war-torn Yemen should not be liable for a payout to a local trading group until a DIFC-LCIA tribunal determines a US$30 million claim over whether their contract was validly terminated.
09 November 2020
A London court has upheld a ruling allowing Romania to extradite the key witness in an ICSID case to face corruption charges – despite a recommendation by the arbitral tribunal that a warrant for his arrest be suspended.
23 October 2020
Mainland Chinese courts have issued interim measures preserving at least US$1.3 billion in assets in aid of HKIAC-administered arbitrations in Hong Kong under a unique arrangement that came into effect in October last year, the institution says.
21 September 2020
The Kiev Court of Appeal has refused to enforce an SCC emergency arbitrator award that restrained Ukraine from forcibly selling the assets of a Russian state-owned development bank.
17 September 2020
An ICSID tribunal hearing a claim against Sierra Leone has refused to restrain the state from pursuing criminal proceedings against several of the claimant’s local employees – who had been accused of inciting a deadly riot before the case was dropped without charge.
07 August 2020
An SCC emergency arbitrator has ordered Moldova to refrain from terminating a concession to operate the country’s main international airport while an investor pursues an €885 million treaty claim.
03 August 2020
UPDATED WITH COUNSEL. French sports marketing agency Lagardère has failed to secure emergency relief in an ICC dispute over the termination of a billion-dollar contract concerning media and marketing rights for Africa’s biggest football competitions.
17 December 2019
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