Region: Asia-Pacific

Korean centre in crisis as tensions come to the fore

The Korean Commercial Arbitration Board is “in crisis” after internal tensions are said to have led to the resignation of the highly respected chair of its international branch, Hi-Taek Shin, and other staff responsible for administering cross-border cases.

01 December 2022

Vietnam faces second ICSID claim

Vietnam is facing its second ever ICSID case after a pair of Chinese construction companies filed a claim under a rarely used investment treaty.

30 November 2022

Laos sees awards upheld in casino saga

Two gaming companies whose billion-dollar investment treaty claims against Laos were dismissed because of evidence of bribery and fraud have lost a final appeal against the outcome in Singapore, after a related SIAC award was also upheld.

25 November 2022

Middle Eastern firm promotes two

Alem & Associates has promoted Mazen Ghosn, who acted in the high-profile Kabab-Ji dispute, and Rana Kahwagi to partner in its arbitration team in Beirut.

25 November 2022

Lithium miner threatens treaty claim against Chile

A Chilean-Taiwanese mining venture is reportedly considering a US$2.5 billion treaty claim against Chile, alleging that plans to give a state-owned entity exclusive rights over a lithium deposit amount to an unlawful expropriation.

25 November 2022

Nuclear technology spat heads to Korean centre

A dispute between a Korean state utility and its former US partner over rights to nuclear reactor technology is headed to arbitration in Seoul, as the parties compete for lucrative projects in Europe and the Middle East.

18 November 2022

Korean hydro venture brings LCIA claim against Pakistan

Pakistan is reportedly seeking outside counsel to defend it in an LCIA claim by a South Korean joint venture over a hydropower project that has already led to two other arbitrations.

16 November 2022

Contractors call halt to Hong Kong rail dispute

A UK-Chinese construction joint venture has agreed to settle a US$40 million HKIAC dispute with a subcontractor on a project to build part of a high-speed rail link to the Chinese mainland.

09 November 2022

Russian steel producer wins set-aside bid in Sweden

In a rare example of an annulment in the Swedish courts, the operator of a Russian steel plant has won the partial set-aside of a Stockholm Chamber of Commerce award in a US$200 million dispute with a Chinese engineering contractor.

08 November 2022

Chinese state entities take Maltese awards to California

Subsidiaries of two Chinese state-owned entities have applied to a California court to enforce awards issued in a pair of cases at the Malta Arbitration Centre relating to the €71 million sale of solar power assets.

03 November 2022

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