Region: Canada

Iraqi ministry liable over power plant repairs

A Canadian company has applied to a US court to enforce an award against Iraq’s ministry of electricity over power plant repairs – a dispute that saw the original sole arbitrator resign for “personal reasons” after the ICC Court twice refused to approve his draft award.

15 September 2021

Air Canada lands win against Venezuela

LINK TO AWARD ADDED: Air Canada has secured a US$26 million ICSID additional facility award against Venezuela over the state’s failure to convert its bolivar-denominated earnings to US dollars so that they could be repatriated.

14 September 2021

Boutique expands to Toronto with Torys hire

Myriam Seers has left Canadian firm Torys to join transatlantic disputes boutique Savoie Laporte as its third partner, helping to launch its new office in Toronto.

21 July 2021

Russia can present new evidence in Yukos challenge

A Canadian appeal court has ruled that Russia can submit new evidence in its bid to set aside a jurisdictional award in a US$700 million Energy Charter Treaty case brought by a Yukos investor.

07 July 2021

Keystone XL investor threatens new claim against US

A Calgary-based energy company has threatened to bring a new US$15 billion NAFTA claim against the United States after the Biden administration revoked its permit for the controversial Keystone XL pipeline project.

05 July 2021

Miner takes Senegalese tax dispute to ICC

Canada’s Barrick Gold has launched an ICC claim against Senegal after it was hit with a US$208 million capital gains tax bill.

05 May 2021

Tanzania pays treaty award to avoid aircraft seizure

Tanzania has paid US$22 million to satisfy an UNCITRAL award after the Italian-owned creditors attempted to seize three aircraft purchased by the East African state following enforcement of the award in the Canadian courts.

30 April 2021

Rio Tinto settles feud over funding of Mongolian project

Canadian miner Turquoise Hill Resources has settled an arbitration with its majority shareholder Rio Tinto concerning US$2.3 billion in funding for a troubled copper and gold project in Mongolia, while an investor-state claim over tax measures continues.

12 April 2021

Albania award creditor wound up at funder’s request

An Australian disputes funder that financed an ICC claim against Albania has obtained a Cayman winding-up order against the claimant after the proceeds of the award were seized by an Albanian bailiff.

09 March 2021

Anti-diabetic drug dispute leads to ICC award

The biopharmaceuticals arm of Merck has secured damages from a French spin-off company in an ICC arbitration over royalties owed under agreements to develop an anti-diabetic drug.

05 March 2021

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