Region: Europe

Russian telecoms investor loses claim against Turkmenistan

Turkmenistan has defeated a US$2 billion ICSID claim filed by a Russian telecoms multinational over the alleged expropriation of its business in the country.

15 June 2023

Blackberry faces JAMS claim over patent sale

Canadian software company Blackberry is facing a JAMS arbitration over a collapsed US$600 million deal to sell most of its patent portfolio.

14 June 2023

Privatbank founders absent as fraud trial begins

Privatbank, Ukraine’s largest retail bank, has sought to capitalise on the last-minute absence of two of its founders at a civil trial in London where the pair are accused of defrauding the bank of nearly US$2 billion.

14 June 2023

Thai company faces DIS claim over automotive cable deal

Thailand’s Stark Corporation says it is facing a €608 million claim at the German Arbitration Institute, or DIS, after pulling out of a deal to buy an automotive cable business.

13 June 2023

Spanish dairy investors pursue claim against Venezuela

Three Spanish investors are pursuing a treaty claim against Venezuela over their investment in a dairy venture, it has emerged.

13 June 2023

Edison brings claim against LNG supplier

Italian utility Edison has launched an LCIA claim against the operator of an LNG plant in Louisiana over unfulfilled deliveries under a long-term supply agreement – with other buyers also rumoured to be pursuing claims.

12 June 2023

Italian constructor brings ICSID claim against Cameroon

An Italian construction group has reportedly brought an ICSID claim against Cameroon over a terminated contract to build a sports stadium, as several claimants abandon a separate case the state is facing at the centre.

12 June 2023

Wolf Theiss practice co-head joins Queritius

Dalibor Valinčić has left his role as co-head of international arbitration at Wolf Theiss to join the partnership at European boutique Queritius in Zagreb.

12 June 2023

Canadian court affirms Russia can present new evidence in Yukos challenge

A Canadian appeals court has confirmed that Russia can present new evidence in its challenge to a jurisdictional award in a US$700 million Energy Charter Treaty claim brought by an investor in defunct oil company Yukos.

08 June 2023

Lew celebrated during LIDW

Julian Lew KC has been presented with a Liber Amicorum to mark his recent 75th birthday and his extraordinary contributions to the development of both the theory and practice of international arbitration.

08 June 2023

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