Region: Netherlands
New aviation centre takes off
A new arbitral centre has opened in the Netherlands that promises to resolve disputes in the US$3.5 trillion aviation industry, the “final, nearly untouched frontier” of arbitration.
11 August 2022
Russia fails to quash jurisdictional awards in Crimea cases
UPDATED: A Dutch court has affirmed the jurisdiction of four UNCITRAL tribunals to hear Ukrainian investors’ treaty claims against Russia over assets in Crimea, including a US$10 billion claim by Naftogaz and others linked to oligarch Igor Kolomoisky.
19 July 2022
Ecuador fails in renewed bid to overturn Chevron award
A Dutch appeal court has dismissed Ecuador’s renewed bid to overturn a treaty award holding it liable for a denial of justice in its US$9.5 billion dispute with US oil company Chevron over pollution in the Amazon.
30 June 2022
Dispute over sunken Venezuelan patrol boat must be arbitrated
Venezuela must arbitrate a €425 million dispute with the owners and insurer of a cruise ship over a bizarre maritime showdown that resulted in the sinking of a navy patrol boat, a London court has ruled, while refusing to block the state from pursuing foreign parallel litigation.
29 June 2022
Yukos shareholders win appeal over Russian vodka assets
The former majority shareholders of Yukos have secured a reversal in the Dutch courts allowing them to seize the Benelux trademarks of two “iconic” Russian-owned vodka brands, as they look to cash in on their US$50 billion awards against the state.
28 June 2022
Jailed insurance executive loses challenge to Dutch award
A US businessman convicted of bribery has failed to overturn a Netherlands Arbitration Institute summary award requiring him to pay €150 million to a bankrupt Dutch life insurer owned by him.
21 April 2022
ICSID panel won’t call halt to anti-arbitration suit
An ICSID tribunal has expressed its “grave concern” at the Netherlands’ decision to seek a German court declaration as to the admissibility of an EU investor’s Energy Charter Treaty claim – but for the time being has refused to recommend that the suit be withdrawn.
14 March 2022
Houthoff and Foley Hoag join exodus from Russia work
UPDATED: Houthoff and Foley Hoag are the latest firms to announce they are abandoning Russia as a client following its attack against Ukraine, as they withdraw from the Yukos dispute and a series of Crimea-related investment treaty cases.
03 March 2022
Shell and Exxon bring claim against Netherlands over earthquake costs
UPDATED: Shell and ExxonMobil have filed for arbitration against the Netherlands over their liability for billions of euros in earthquake damage caused by extraction from a gas field in the province of Groningen.
07 February 2022
What the Dutch Supreme Court decided in the Yukos case
Stan Putter of Smallegange Lawyers explains why the recent Dutch Supreme Court judgment on the US$50 billion Yukos awards against Russia didn’t bring the closure the parties were expecting and leaves the status of the awards “ambiguous”.
17 December 2021