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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
A court in Ankara will continue to hear terrorism charges brought against a Turkish businessman despite a recommendation from an ICSID tribunal hearing his company’s US$5 billion claim against Turkey that the case be suspended.
16 October 2019
A subsidiary of a London-based commodity trader has applied to a US court to confirm an ICC emergency arbitrator order that directs Sierra Leone to lift measures prohibiting the export of high-grade iron ore – a dispute that has also given rise to the threat of an ICSID claim.
03 October 2019
COUNSEL LIST UPDATED: A Russian state-owned development bank says it has obtained an SCC emergency arbitrator decision restraining Ukraine from selling its shares in a local subsidiary – while a Ukrainian state entity launches its own treaty claim against Russia.
28 August 2019
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