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A Turkish construction company has launched an ICSID claim against Pakistan, while Costa Rica is facing a new claim at the centre brought by the renewables arm of Italian power company Enel.
14 October 2021
The Eastern Caribbean Court of Appeal has ruled it has no power to grant injunctive relief against Pakistan at the request of an ICSID creditor when a lower court’s finding that the state enjoys immunity has not been set aside.
15 July 2021
An English court has blocked the Pakistani province of Balochistan from pleading corruption allegations in a challenge to an ICC partial award won by an Australian mining venture – a dispute that has already given rise to a US$5.9 billion ICSID award.
06 July 2021
A court in the British Virgin Islands has lifted attachments obtained by an ICSID creditor against US$3.1 billion worth of assets belonging to Pakistan’s national airline, including interests in two hotels in New York and Paris.
26 May 2021
A Cayman hedge fund that helped to finance an arbitration against Pakistan has sought leave to subpoena a partner at Crowell & Moring who acted in the case, amid a dispute over more than US$28 million in award proceeds.
26 April 2021
An Australian mining venture is seeking discovery from two international law firms and a hotel management company in aid of its efforts to enforce a US$6 billion ICSID award against Pakistan.
29 March 2021
Pakistan has instructed new counsel as it lodges a request to revise a US$5.9 billion ICSID award won by Australian mining venture Tethyan Copper over a copper and gold deposit.
18 March 2021
A Chinese-owned entity has reportedly threatened a Pakistani state entity with arbitration over a US$2.2 billion electricity transmission project that is part of China’s Belt and Road initiative.
17 February 2021
A court in the British Virgin Islands has attached assets belonging to Pakistan’s national airline – including interests in two hotels in New York and Paris – at the request of an Australian mining venture seeking to enforce a US$6 billion ICSID award.
05 January 2021
Pakistan is reportedly in talks with Australian mining venture Tethyan Copper to settle a dispute over a copper and gold deposit that led to a US$5.9 billion ICSID award against the state, as an annulment committee partially lifts a stay of enforcement.
13 November 2020
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