Region: Europe

Kosovan agency defeats Croatian mining claim

An UNCITRAL tribunal has rejected a Croatian mining company’s €18 million claim against a Kosovan government agency over a contract to develop a magnesite mine that was terminated on grounds of poor performance.

16 September 2021

Spain partly liable over solar reforms

Another ICSID tribunal has found Spain partly liable under the Energy Charter Treaty for reforms to its renewable energy regime, ruling that investors were entitled to a reasonable rate of return but had no unalterable right to a fixed tariff.

15 September 2021

GE settles claim over Estonian power plant

GE will pay €30 million to settle a Stockholm Chamber of Commerce claim brought by an Estonian state-owned entity over delays at an oil shale power plant.

15 September 2021

Greenberg Traurig bolsters Berlin office with Freshfields hire

Robert Whitener has left Freshfields Bruckhaus Deringer to join Greenberg Traurig as partner in Berlin.

15 September 2021

GBS counsel to join Luxembourg firm

Paschalis Paschalidis, who is advising investors in EU court proceedings over the impact of Achmea, has left Gaillard Banifatemi Shelbaya Disputes in Paris to help Luxembourg-based firm Arendt & Medernach develop its international arbitration practice.

14 September 2021

Ex-Cooley lawyer convicted of fraud

A court in London has convicted ex-Cooley lawyer Joshua Brien of defrauding the Commonwealth Secretariat and his former law firm out of over £600,000, including by misdirecting fees paid by an arbitration client and the government of the Maldives.

13 September 2021

Baker Botts names new practice heads

Baker Botts has named partners Johannes Koepp in London and Andrew Behrman in New York as co-chairs of its rebranded international disputes group, also appointing Alejandro Escobar as chair of the public international law practice within the group.

13 September 2021

Five convicted over fake arbitration in Geneva

A prominent international sports official and his former lawyer have received jail sentences after being convicted of forgery in Geneva over their role in a fake arbitration.

10 September 2021

Rwanda threatened over seizure of gold refinery

A Belgian business magnate has threatened Rwanda with a US$50 million ICSID claim, alleging his refinery was subject to a “hostile take-over” and the seizure of gold bars by state authorities.

09 September 2021

Saudi Arabia secures first ICSID win

Saudi Arabia has secured its first ever ICSID win after defeating a US$570 million claim brought by a French fashion and restaurant chain on jurisdiction.

08 September 2021

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