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A US court that enforced LCIA awards worth US$541 million against Djibouti earlier this year has rejected the state’s bid to quash subpoenas served on 10 banks in connection with post-judgment discovery efforts.
27 September 2023
Quinn Emanuel Urquhart & Sullivan is launching offices in Dubai and Abu Dhabi with the hires of Joanne Strain and Parnika Chaturvedi from King & Wood Mallesons.
25 September 2023
A split ICSID tribunal has refused to hear a treaty claim brought against Madagascar by a pair of Mauritian telecoms companies.
30 August 2023
A court in Dubai’s financial freezone has refused to grant an injunction to prevent enforcement of a US$490 million judgment against Iraqi Kurdistan pending an ICC arbitration.
19 July 2023
The Court of Appeal in London has rejected the National Iranian Oil Company’s jurisdictional challenge to a US$2.4 billion award in favour of the UAE’s Crescent Petroleum.
13 July 2023
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
Robert Stephen is joining the Dubai International Arbitration Centre as its new registrar, more than a year after leaving the same role at the now-defunct DIFC-LCIA Arbitration Centre.
21 June 2023
A pair of companies have applied to annul an ICSID award that rejected its €300 million treaty claim against Serbia, as an Emirati company and its US CEO also seek to revive an unrelated US$326 million claim against Armenia at the centre.
05 June 2023
An Italian oil trader has threatened to bring an investment treaty claim against the United Arab Emirates over his imprisonment on charges he breached an embargo on Yemen.
01 June 2023
A Djibouti state-owned entity has failed to overturn a liability award issued by Maxi Scherer as sole arbitrator in an LCIA dispute with Emirati logistics group DP World over a port facility on the Red Sea.
26 May 2023
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