Region: Iraq

Iraqi sea wall award comes to light

A Greek contractor has applied to enforce a US$105 million ICC award against an Iraqi state ports company over a record-breaking sea wall whose construction was allegedly delayed by an ISIS offensive and other issues.

07 June 2022

Iraq fails to revive claim over Saddam-era helicopter deal

A French court has rejected Iraq’s bid to revive a €62 million ICC claim over a contract for the supply of combat helicopters that was disrupted by an arms embargo against the former regime of Saddam Hussein.

22 April 2022

ICSID round-up: a defeated claim, an award upheld and new cases

An ICSID tribunal has dismissed a claim worth more than US$95 million brought by US mining companies against Rwanda, while Spain has failed to overturn a renewables award and there are new cases against Romania and Iraq.

04 April 2022

Iraq faces ICSID claim over power plant

A Lebanese company has brought a US$108 million contractual claim against Iraq at ICSID over a power plant project, asking that it be heard together with a claim under the OIC Investment Agreement.

07 March 2022

Jersey oil company prepares claim against Kurdistan

A London-listed oil company says it will launch an international arbitration against Iraqi Kurdistan after the regional government terminated two production sharing contracts.

10 December 2021

Agility and Orange win fraud claim against Lebanese bank

A joint venture between Kuwaiti logistics group Agility and France’s Orange has won a fraud claim against a Lebanese bank concerning an investment in an Iraqi mobile operator that is the subject of two ICSID cases.

05 October 2021

Iraqi ministry liable over power plant repairs

A Canadian company has applied to a US court to enforce an award against Iraq’s ministry of electricity over power plant repairs – a dispute that saw the original sole arbitrator resign for “personal reasons” after the ICC Court twice refused to approve his draft award.

15 September 2021

Exxon brings claim against Iraqi state entity over oilfield sale

ExxonMobil has filed an ICC claim against an Iraqi state-owned oil company over a stalled attempt to sell a stake in a US$50 billion oilfield.

02 August 2021

Kuwaiti investor seeks to revive Iraq telecoms claim

A Kuwaiti logistics group has turned to new counsel in its bid to revive a US$660 million ICSID claim against Iraq over the alleged expropriation of a mobile phone operator.

08 June 2021

Iraq to sign New York Convention

Iraq is to become the 168th signatory of the New York Convention after passing an accession law as part of its ongoing reconstruction programme after the US-led ousting of Saddam Hussein and the years of instability that have followed.

06 April 2021

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