Region: Europe

Russian airline threatens treaty claim against Canada

Russia’s largest cargo airline has threatened to file an investment treaty claim against Canada over the seizure of one of its aircraft at Toronto airport.

15 August 2023

Swiss investor fails to revive ECT claim against Romania

Swiss energy company Alpiq has failed to revive its US$450 million Energy Charter Treaty claim against Romania over cancelled supply contracts.

15 August 2023

Addleshaw Goddard hires from A&O in London

Rick Gal has left Allen & Overy to join Addleshaw Goddard as a legal director in its London office.

15 August 2023

Thai businessman wins asset-stripping claim

A UK court has awarded more than US$850 million to the exiled founder of a Thai wind energy group after upholding his claims that various executives and a prominent lawyer engaged in “dishonest asset-stripping” to frustrate payment of ICC awards.

14 August 2023

Ecolodge investors pursue claim against Tanzania

Investors in an ecolodge project are pursuing an investment treaty claim against Tanzania, it has emerged – as a recent ICSID award against the state is published.

11 August 2023

LNG vessel manufacturer takes BP to arbitration

A Bermuda-headquartered manufacturer of LNG carriers has filed for arbitration against BP over a vessel built to serve an offshore project in West Africa.

10 August 2023

UK court rejects consumer law challenge to Hong Kong award

A widow who was held liable in a Hong Kong arbitration after personally guaranteeing a bond issuance by her late husband’s company “out of love” has failed to halt enforcement of the award in London by invoking UK consumer law.

08 August 2023

Award creditors seize Spanish-owned property in London

Two renewable energy investors have seized land used by the Spanish government for an international private school in west London, as part of their battle to enforce a €120 million ICSID award.

04 August 2023

Russian state entity seeks LCIA arbitration

UPDATED: A Moscow Court has reportedly rejected a request by a sanctioned Russian state-owned entity to move litigation over Eurobond debt to the London Court of International Arbitration.

03 August 2023

Claims loom against US gas supplier

Portuguese oil company Galp says it is considering its options over a US exporter’s alleged failure to provide contracted natural gas supplies – which has reportedly already led to three pending cases at the LCIA.

02 August 2023

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