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As a tribunal is formed to hear a Chinese construction company’s investment treaty claim against Ghana, the same investor has launched a related LCIA arbitration against the west African state over the cancellation of its contract to develop an intelligent traffic management system.
17 June 2021
The Privy Council in London has reinstated a US$120 million SIAC award against a Mauritian state-owned company, ruling that the island nation’s courts were not entitled to review an arbitrator’s finding that the underlying contract was not illegal.
14 June 2021
UPDATED: The Commercial Court in London has refused to allow Ghana to bring a belated challenge to an UNCITRAL award worth over US$134 million in favour of a power contractor, ruling that national elections and covid-19 did not make the state's delay reasonable.
11 June 2021
The Commercial Court in London has granted summary judgment upholding part of a €279 million claim against Sudan relating to a cancelled port concession, finding there was no apparent basis for a stay in favour of arbitration.
10 June 2021
A Kuwaiti logistics group has turned to new counsel in its bid to revive a US$660 million ICSID claim against Iraq over the alleged expropriation of a mobile phone operator.
08 June 2021
Avima Iron Ore has become the latest mining company to file for ICC arbitration against the Republic of the Congo over the revocation of its licences, claiming US$27 billion in damages.
07 June 2021
Australian miner Sundance Resources has filed an ICC claim against Cameroon over the reallocation of licences for a multi-billion-dollar iron ore project to Chinese investors – months after it lodged an arbitration against the Republic of the Congo over similar allegations.
02 June 2021
The British co-founders of US power plant developer Symbion Power have discontinued an ICSID claim against Tanzania in a dispute that also gave rise to a US$560 million ICC claim.
02 June 2021
A court in Abu Dhabi’s financial free zone has stayed claims by the administrators of an insolvent Emirati healthcare group against a Dubai bank on the basis that they fall within the scope of an LCIA arbitration clause in an Islamic finance agreement.
28 May 2021
A French court has annulled a €90 million ICC award against Gabon after finding that a Maltese construction company’s gift of a luxury honeymoon trip to a public official was a “serious indication of corruption”.
26 May 2021
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