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A US investment firm seeking to collect on a nearly two-decade old arbitral debt from the Democratic Republic of the Congo is targeting properties in Maryland allegedly acquired by relatives of the country’s former president Joseph Kabila with stolen government funds.
08 December 2021
An English court has upheld a US$19 million ICC award relating to a Chinese mining project in the Democratic Republic of the Congo, rejecting arguments that the case should have been adjourned when a counsel took ill with covid-19 and that the tribunal erred by awarding the victor its third-party funding costs.
08 December 2021
The Democratic Republic of the Congo has reportedly filed an ICC claim against two companies owned by sanctioned Israeli billionaire Dan Gertler, seeking US$154 million and the termination of a contract for two oil blocks.
02 December 2021
An Indian company has won US$32 million in a claim against a Rwandan state-owned entity over a contract for a power transmission network connecting Rwanda and the Democratic Republic of the Congo.
30 September 2021
A South African oil company has obtained a default judgment from a US court enforcing a US$619 million ICC award against the Democratic Republic of the Congo over contracts for four petroleum blocks.
16 September 2021
A French businessman has threatened to bring a US$200 million claim against the Democratic Republic of the Congo in the wake of a feud with a local politician over control of a mining company – as a Kuwaiti investor’s ICSID case against the state fizzles out.
28 June 2021
A South African oil exploration company has asked a US court to enforce a US$620 million ICC award against the Democratic Republic of the Congo – after the state failed to have the award annulled in Paris.
01 May 2020
The Democratic Republic of the Congo’s state mining company Gécamines has settled an ICC claim worth US$150 million that it brought against subsidiaries of China’s Jinchuan Group over a copper and cobalt mining venture.
30 January 2020
A Delaware court has allowed Dentons to have a former client's US$250 million ICC award against the Democratic Republic of the Congo seized to recover unpaid legal fees.
30 August 2019
A South African oil exploration company has reportedly been awarded US$617 million in an ICC claim against the Democratic Republic of the Congo over the state’s failure to honour two oil contracts.
07 March 2019
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