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A recently launched Swiss disputes funder is backing a “landmark” HKIAC claim that a group of traders are preparing against cryptocurrency exchange Binance for losses they incurred when its platform crashed.
19 August 2021
A group of distressed investment funds have sought bankruptcy protection in New York to prevent a Brazilian airline from enforcing a decade-old ICC award worth US$60 million against their assets.
09 July 2021
In a judgment dealing with an important issue of principle for offshore jurisdictions, the Court of Appeal of the Cayman Islands has said that Indian conglomerate Essar must provide steelmaker ArcelorMittal USA with information and documents relating to the assets of one of its companies to assist enforcement of an ICC award.
11 May 2021
A Chinese financial services group has had an US$87 million HKIAC award confirmed in Missouri and is now eyeing enforcement in California against its US partner in a failed joint venture to resell used aircraft.
09 April 2021
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
The Australian disputes funder behind a Cayman oil company’s ICC claim against Albania has applied to wind up the claimant after the proceeds of the arbitration award were sequestered by a bailiff in Tirana.
04 February 2021
The Court of Appeal of the Cayman Islands has enforced a Brazilian airline’s US$55 million ICC award against two private equity funds, ruling that the arbitrators were entitled to decide the case on a legal ground not pleaded by the parties.
19 August 2020
The Grand Court of the Cayman Islands has upheld a disclosure order in aid of efforts to enforce a US$1.5 billion ICC award, finding it did not matter that the relief was sought in aid of foreign rather than domestic enforcement proceedings.
08 April 2019
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