Region: Europe

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09 October 2023

London court rejects ECJ ruling in oil spill saga

A London court has refused to enforce an €855 million Spanish court judgment over a major oil spill after finding it would violate two earlier arbitral awards in the dispute – defying a ruling from the European Court of Justice on the issue.

06 October 2023

Turkish court won’t enforce ICC award after conviction of witness

A court in Istanbul has refused to enforce an ICC award worth over US$600 million in light of findings by a Turkish criminal court that a witness in the arbitration provided false evidence.

06 October 2023

Venezuelan partners launch boutique in UK and Spain

Two former partners at Venezuelan law firm Leĝa have launched a disputes-focused firm with a presence in London and Madrid.

05 October 2023

Yukos investors urge UK court to reject Russia’s immunity defence

The former majority shareholders of Yukos Oil Company have urged a UK court to reject Russia’s sovereign immunity defence to the enforcement of awards worth nearly US$60 billion, arguing the Dutch courts have already decided the underlying issue.

04 October 2023

Volterra Fietta loses appeal over unlawful retainer

The Court of Appeal in London has affirmed that Volterra Fietta cannot recover any fees from a former client for work on a billion-dollar investment treaty arbitration after the law firm’s conditional fee agreement was found to be unenforceable.

04 October 2023

Moldovan investor threatens Spain over snow crabs

A Moldovan investor has notified Spain of a potential investment treaty claim worth at least €31.5 million over the suspension of permits to fish for snow crabs in Arctic waters – an industry that is already the subject of three ICSID claims against Norway.

04 October 2023

Dutch boutique hires from De Brauw

French national Irène Léger has left De Brauw Blackstone Westbroek to join Staunch, an Amsterdam disputes boutique set up by former colleagues from the same firm.

04 October 2023

Algerian state entity wins shares but no damages in seawater plant dispute

An ICC tribunal has upheld a claim by a subsidiary of Algeria’s national oil and gas company Sonatrach over rights to shares in a seawater desalination plant, while rejecting its claims for almost US$400 million in damages against two Asian companies.

03 October 2023

UK court refuses to restrain Russian litigation

UPDATED: The Commercial Court of England and Wales has said it lacks jurisdiction to grant an anti-suit injunction to enforce a Paris-seated ICC arbitration clause, despite a recent Court of Appeal decision granting a similar injunction.

02 October 2023

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