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An Italian oil trader has threatened to bring an investment treaty claim against the United Arab Emirates over his imprisonment on charges he breached an embargo on Yemen.
01 June 2023
The Paris Court of Appeal has upheld an ICC award in favour of Libya’s national oil company, rejecting arguments that tribunal chair Hilary Heilbron KC lacked impartiality because another barrister at her London chambers acted as counsel to Libya in a separate case.
31 May 2023
India’s Reliance Infrastructure has challenged a US$146 million SIAC award in favour of a Chinese energy group over the supply of equipment for a coal-fired power station – as a second arbitration continues.
31 May 2023
Emirati logistics group DP World has asked a DC court to enforce a US$200 million LCIA award against Djibouti – months after the court enforced an award in a separate arbitration over the same port facility on the Red Sea.
30 May 2023
A French-Mauritian businessman whose US$1 billion investment treaty claim against Mauritius was dismissed five years ago because of his dual nationality has lost a final bid to challenge the decision in the Belgian courts.
29 May 2023
A Djibouti state-owned entity has failed to overturn a liability award issued by Maxi Scherer as sole arbitrator in an LCIA dispute with Emirati logistics group DP World over a port facility on the Red Sea.
26 May 2023
The French Court of Cassation has upheld a US$243 million investment treaty award obtained by a French-Senegalese businessman against Senegal, dismissing the state’s arguments regarding his dual nationality.
25 May 2023
Cameroon has failed to disqualify French arbitrator Thomas Clay from hearing an ICSID dispute with an oil consortium over a pipeline venture.
22 May 2023
ICSID has discontinued proceedings filed by a mining group founded by Israeli businessman Beny Steinmetz to revive a US$5 billion ICSID claim against Guinea that was rejected due to “overwhelming evidence” of corruption.
19 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
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