Region: Europe

Russian bank loses Ukrainian appeal over emergency award

Ukraine’s Supreme Court has affirmed that an SCC emergency arbitrator award restraining the forcible sale of assets of a Russian state-owned bank cannot be enforced.

27 January 2021

Annulled Cairo award gets all-clear in France

UPDATED: France’s highest court has upheld the enforcement of an award against an Egyptian state entity that was annulled more than a decade ago by the courts of Cairo, affirming that arguments as to the domestic or international character of the arbitration were irrelevant.

26 January 2021

Argentine footballer settles image rights dispute

Argentine footballer and Juventus striker Paulo Dybala has settled an ICC arbitration worth around €35 million with his former agent over image rights, a dispute that reportedly scuppered potential moves to English clubs Tottenham Hotspur and Manchester United.

26 January 2021

Steinmetz found guilty of corruption in Geneva

A court in Geneva has found Israeli-French billionaire Beny Steinmetz guilty of paying bribes to secure mining rights in Guinea – allegations that have also been the subject of ICSID and LCIA arbitrations.

22 January 2021

Italy challenges solar award

The Italian government has applied to annul an ICSID award requiring it to pay over €18 million to a German solar investor in compensation for changes to the incentives regime for renewable energy.

22 January 2021

Redfern clears his schedule

Renowned arbitrator Alan Redfern – the founder of Freshfields’ international arbitration practice and inventor of the “Redfern schedule” – has retired from practice.

22 January 2021

Philip Morris files claim against Ukraine

US tobacco company Philip Morris has made good on its threat to file an ICSID claim against Ukraine after being hit with a €44 million fine by a national competition authority.

21 January 2021

Agent can’t revive ICC claim after “kickbacks”

A Swiss court has upheld an ICC award that blocked a Panamanian company from recovering agency commissions from a client after it emerged the agent’s founder had paid “kickbacks” to one of the client’s employees.

21 January 2021

Germany

Featured in The Guide to M&A Arbitration - Third Edition

20 January 2021

Italy

Featured in The Guide to M&A Arbitration - Third Edition

20 January 2021

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