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A company owned by Angolan billionaire Isabel dos Santos has lost a final appeal in the French courts relating to a US$646 million award, failing on arguments that the ICC was wrong to appoint all five members of the tribunal itself or that an arbitrator failed to disclose potential conflicts.
15 November 2022
A Russian businesswoman who took refuge in an embassy after being convicted of money laundering in Kuwait has applied to revive her US$150 million investment treaty claim against the Gulf state.
14 November 2022
A German company that won a €50 million award against Lesotho over a stalled solar project has vowed to resume enforcement efforts despite a ruling by the kingdom’s courts declaring the underlying contract and its arbitration clause invalid.
14 November 2022
The Saudi Center for Commercial Arbitration has launched "SCCA Dubai", its first office outside Saudi Arabia.
13 November 2022
The Saudi Center for Commercial Arbitration has announced the creation of an independent "SCCA court" to determine technical and administrative matters related to its caseload, featuring leading international figures and with Bahrain-based arbitrator Jan Paulsson as president.
10 November 2022
The Dubai International Arbitration Centre is to hear a dispute between UK and Iraqi partners in a joint venture that performs ground-handling and other services at Baghdad International Airport.
04 November 2022
An Australian mining company has warned it may bring an expropriation claim against Cameroon after the state granted rights to a multibillion-dollar iron ore project to a rival investor – as an ICC panel is formed to hear claims already filed.
31 October 2022
A court in the Dubai International Financial Centre has refused to restrain a Dubai contractor from pursuing litigation in the emirate’s onshore courts, despite arguments it is in breach of an agreement to arbitrate in the DIFC.
25 October 2022
Iran’s national oil company has lost another challenge to a US$2.4 billion award in favour of the UAE’s Crescent Petroleum in a long-running dispute over a failed gas supply deal.
24 October 2022
A split ICSID committee has upheld an award requiring Madagascar to pay €7 million to two Belgian brothers whose clothes factory was looted and burned down – rejecting arguments that the state didn't have effective legal representation during the arbitration.
20 October 2022
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