Region: Mozambique
UK Supreme Court allows Mozambique bribery suit to proceed
The UK Supreme Court has held that bribery claims brought by Mozambique in a US$2 billion suit against an Abu Dhabi shipbuilder don’t fall within the scope of Swiss-law arbitration agreements – the first time it has ruled on the stay provisions in the Arbitration Act 1996.
20 September 2023
Shipbuilder drops claims in Mozambique bribery dispute
Mozambique has seen the end of four arbitrations lodged by an Abu Dhabi-based shipbuilder that the state accused of paying bribes to procure sovereign guarantees for lenders – allegations at the centre of a US$2 billion lawsuit pending in the UK courts.
12 July 2023
Mozambique fails to stay port investor’s treaty claim
An UNCITRAL tribunal has refused to stay an Indian investor’s US$115 million treaty claim against Mozambique over a rail and port project pending a related ICC arbitration commenced by the state.
09 December 2021
Shipbuilder wins appeal in Mozambique bribery suit
The Court of Appeal in London has ruled that bribery claims brought by Mozambique in a US$2 billion lawsuit against an Abu Dhabi-based shipbuilder fall within the scope of a set of arbitration agreements.
11 March 2021
Mozambique faces rail and mining disputes
An Indian investor is pursuing a US$115 million investment treaty claim against Mozambique over a rail and port project – as a UK heavy metals miner also threatens the African state.
04 November 2020
Mozambique defeats claim under BIT that “never entered into force”
An ICSID additional facility tribunal has dismissed a South African businessman’s US$96 million bilateral investment treaty claim against Mozambique after finding there was insufficient proof that the BIT had ever entered into force.
20 November 2019
Mozambique faces second ICSID claim
Mozambique is facing its second claim at ICSID, brought by Italian company CMC Di Ravenna over a highway construction project. The claim under the Italy-Mozambique bilateral investment treaty was registered by ICSID on 14 July.
17 July 2017