Region: Africa & Middle East

Jersey oil company prepares claim against Kurdistan

A London-listed oil company says it will launch an international arbitration against Iraqi Kurdistan after the regional government terminated two production sharing contracts.

10 December 2021

Success fee row leads to fraud conviction

A French-Italian consultant is fighting to overturn her conviction on fraud charges over her work on an enforcement matter against Equatorial Guinea – a saga that has also led to an ICC award finding she was wrongly deprived of a success fee.

10 December 2021

Egypt settles with Finnish iron investor

Egypt has reached an agreement with a Finnish businessman to settle a treaty award worth US$121 million over the loss of his iron and steel investments – ending a dispute that led to enforcement actions across three continents and a second treaty claim over the state’s refusal to pay.

09 December 2021

PCA hears claims against India and Libya

A Korean state-owned power company’s treaty claim against India and an Emirati oil investor’s case against Libya are underway at the Permanent Court of Arbitration in The Hague.

09 December 2021

Mozambique fails to stay port investor’s treaty claim

An UNCITRAL tribunal has refused to stay an Indian investor’s US$115 million treaty claim against Mozambique over a rail and port project pending a related ICC arbitration commenced by the state.

09 December 2021

Old foe of DRC targets “stolen” assets in Maryland

A US investment firm seeking to collect on a nearly two-decade old arbitral debt from the Democratic Republic of the Congo is targeting properties in Maryland allegedly acquired by relatives of the country’s former president Joseph Kabila with stolen government funds.

08 December 2021

DRC mine award upheld despite counsel’s illness

An English court has upheld a US$19 million ICC award relating to a Chinese mining project in the Democratic Republic of the Congo, rejecting arguments that the case should have been adjourned when a counsel took ill with covid-19 and that the tribunal erred by awarding the victor its third-party funding costs.

08 December 2021

DRC brings ICC claim against Gertler companies

The Democratic Republic of the Congo has reportedly filed an ICC claim against two companies owned by sanctioned Israeli billionaire Dan Gertler, seeking US$154 million and the termination of a contract for two oil blocks.

02 December 2021

Cabo Verde faces ICC claim over airline nationalisation

An Icelandic-owned entity has launched an ICC claim against Cabo Verde after the African island nation announced plans to renationalise its flag carrier in the wake of the covid-19 pandemic.

30 November 2021

Congo fails to dislodge ICC arbitrator from mining dispute

The Republic of the Congo has failed to disqualify Swiss arbitrator Charles Poncet from hearing an US$18 billion ICC claim by two mining companies based on his repeat appointments by the claimants’ law firm, Clifford Chance.

29 November 2021

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