Region: Italy
Milan award survives challenge to ex-colleagues
An Italian court has refused to set aside two ICC awards against a Tecnimont subsidiary because of the failure of two arbitrators to disclose that they formerly worked at the same Swiss law firm – a challenge previously rejected by the ICC Court.
04 October 2021
Albanian farming claim moves to merits phase
An UNCITRAL tribunal has said it can hear an Italian company’s BIT claim against Albania over an ill-fated agricultural joint venture, while excluding claims over the revocation of a land concession that occurred before the treaty entered into force.
21 September 2021
Edison declares win in LNG price review
Italian energy company Edison says it has defeated a price review claim worth several hundred million euros relating to a long-term contract for the purchase of liquefied natural gas from Qatar.
20 September 2021
Peru faces claim over gold seizure
Italian investors have launched a US$65 million UNCITRAL claim against Peru after a state authority allegedly seized gold bars to satisfy a third-party tax liability.
16 September 2021
Italian utility liable for breaching environmental guarantees
A Belgian chemicals producer says it has won a €90 million ICC award against an Italian utility over breaches of environmental guarantees concerning the billion-euro sale of two industrial plants.
23 July 2021
Italy as a seat?
Speakers at an event to mark the launch of a new English-language treatise on Italian arbitration by ArbLit partner Massimo Benedettelli hailed the jurisdiction’s favourable approach to arbitration.
22 July 2021
Eyewear maker can exit covid-hit merger deal
A majority ICC tribunal has ruled that Franco-Italian eyewear group EssilorLuxottica can back out of a €5.5 billion takeover in the wake of a dispute over actions the target company took to mitigate the impact of covid-19.
22 June 2021
Indian prosecution of marines halted after PCA award
India’s Supreme Court has quashed criminal proceedings against two Italian marines accused of killing two fishermen after Italy paid compensation in line with the award of an arbitral tribunal at the Permanent Court of Arbitration in The Hague.
15 June 2021
Arbitrator conflict leads to human rights ruling
The European Court of Human Rights has found that an Italian power company’s right to a fair trial was violated because of an arbitrator’s failure to disclose his ties to Enel – while declining to order Italy to pay compensation of €1.2 billion.
21 May 2021
Media group fails to reverse sale of Milan headquarters
A Milan-seated tribunal has rejected claims by an Italian media group that the €120 million sale of its historic headquarters to US private equity group Blackstone eight years ago amounted to usury in breach of Italian law.
20 May 2021