Region: Switzerland
Switzerland sees off first ICSID case after claimant is liquidated
The first-ever ICSID claim against Switzerland has been discontinued for failure to pay costs after the claimant was liquidated in the Seychelles at the request of its former arbitration counsel.
25 January 2022
Russia challenges latest Yukos award
Russia has applied to set aside a multibillion-dollar award rendered in one of the second wave of Energy Charter Treaty cases relating to the collapse of Yukos.
11 October 2021
Brown Rudnick sues construction client after ICDR win
US firm Brown Rudnick has sued to recover fees from an Austrian construction client after successfully defending it in a US$100 million ICDR arbitration.
01 October 2021
Glencore’s award against Colombia upheld
An ICSID committee has upheld a US$19 million award in favour of Swiss mining group Glencore against Colombia, finding the tribunal was right to refuse to consider documents relating to allegations of corruption.
27 September 2021
Five convicted over fake arbitration in Geneva
A prominent international sports official and his former lawyer have received jail sentences after being convicted of forgery in Geneva over their role in a fake arbitration.
10 September 2021
China to face the music over jazz festival
A Swiss investor has made good on his threat to file a treaty claim against China after his company was stripped of the rights to run an annual international jazz festival on the island of Hainan.
13 July 2021
ASA launches arbitration toolbox
The Swiss Arbitration Association, or ASA, has launched an “Arbitration Toolbox” providing practical advice on how to organise and conduct cases.
16 June 2021
An entire jurisdiction on one platform
The Swiss Arbitration Association has announced the launch of an online platform providing comprehensive access to information about arbitration in Switzerland and all that the jurisdiction has to offer.
01 June 2021
A Swiss transformation
In a major innovation that has already made the GAR Awards nominations list, the Swiss Chambers’ Arbitration Institution is to be transformed into the Swiss Arbitration Centre, with ASA as majority shareholder and updated rules of arbitration.
20 May 2021
Swiss court upholds Syria award despite currency devaluation
A group of Turkish investors that won an ICC investment treaty claim against Syria over losses resulting from the country’s civil war have failed to overturn the arbitrators’ decision to award them compensation in Syrian pounds.
19 May 2021
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