Region: Japan
Japan’s Inpex launches billion-dollar claim against Korean shipbuilder
Japanese oil and gas producer Inpex has filed a US$970 million ICC claim against a Korean shipbuilder over delays and defects in the commissioning of a storage vessel for an offshore project.
08 August 2022
Korea’s LG wins damages in dispute with Sharp
LG Corporation has won a US$95 million SIAC award against Japanese electronics manufacturer Sharp for violating a display technology licensing agreement – although it is far less than the US$850 million the Korean party had asked for.
30 May 2022
Japanese brewer brings SIAC claim over Myanmar ventures
A Japanese beverages group says it has launched SIAC proceedings to terminate two joint ventures in Myanmar over concerns about its local partner’s links to the military that seized power in the country earlier this year.
06 December 2021
Japanese partners spar over Algerian highway project
One of Japan’s largest construction companies says it has defeated the bulk of a US$944 million JCAA claim brought by its partners in a consortium that worked on a major highway project in Algeria.
29 November 2021
Japanese investor wins damages over Spanish solar reforms
An ICSID tribunal has ordered Spain to pay a Japanese investor over €23.5 million plus interest and costs after finding that changes to the state’s renewable energy regime frustrated its legitimate expectations.
25 November 2021
Set-aside affirmed after ICC panel upholds “eleventh hour” defence
The Singapore Court of Appeal has affirmed a decision to partially set aside an ICC award over a polysilicon plant because the tribunal upheld a “completely new” defence that was only introduced in closing submissions.
12 November 2021
Hitachi awaits award in Stockholm metro dispute
Stockholm’s public transport authority is challenging a liability award in favour of a subsidiary of Japan’s Hitachi as a final award is awaited in their US$235 million dispute over a signalling system for the city’s metro.
22 October 2021
Japanese group faces claim over alopecia therapy
UPDATED: A Canadian life sciences company has launched an ICDR arbitration against a Japanese cosmetics group over licensing of a cell therapy for pattern hair loss.
18 October 2021
Samsung Heavy settles oil platform dispute
South Korea’s Samsung Heavy Industries has settled a US$600 million ICC arbitration with Japanese oil company Inpex that arose from the late completion of a project to build the world’s largest floating offshore gas processing unit off the Australian coast.
04 October 2021
Japanese contractor declares win in oil sands dispute
A Japanese engineering company says it has largely defeated a US$240 million claim by the operator of an Alberta oil sands project.
30 September 2021