Region: Africa & Middle East

New ICC panel to hear bid to review Congo award

A new ICC panel will consider the Republic of the Congo’s bid to revise a billion-euro award in light of its allegations of corruption against leading French arbitrator Yves Derains – who has in turn brought a defamation complaint against the state’s counsel.

15 December 2021

Privy Council rejects appeal over “hybrid” clause

The UK Privy Council has upheld an award issued by Bird & Bird partner Jalal El Ahdab at a Mauritian arbitral institution, rejecting arguments the case should have been heard under ICC rules pursuant to a “hybrid” arbitration clause.

15 December 2021

Libya declares win against Turkish investor

Libya has defeated a Turkish investor’s claim for US$190 million in compensation for construction projects that were left incomplete because of the 2011 revolution.

13 December 2021

Canadian gold miner settles with Mali

A Canadian gold mining company says it will withdraw an ICSID claim against Mali after the state agreed to grant it a new exploration permit.

13 December 2021

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

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