Region: United Kingdom
Shell sees off award challenge in Nigerian loan dispute
A London court has upheld a pair of awards against a Nigerian oil and gas producer in an ICC dispute over loans worth US$2 billion, ruling that a Shell subsidiary had not waived its unilateral option to bring an arbitration.
23 November 2022
Lalive promotes duo in London
Robert Bradshaw, who helped to win a US$1.78 billion ICC award against a Korean airline, has been promoted to counsel at Lalive in London alongside Kevin Huber, who has defended Iraqi Kurdistan in a multibillion-dollar oil and gas dispute.
09 November 2022
Freshfields Lecture: The Road Not Taken
Inspired by Robert Frost's famous poem on the divergence of paths in a yellow wood, Andrea Bjorklund considered the roads not taken in investor-state dispute resolution in the first live Freshfields Lecture since the pandemic, held in impressive new surroundings.
08 November 2022
"Megastars" reconvene for Freshfields Lecture
After the last two Freshfields Lectures were held virtually owing to the pandemic, this year marked a return to the live event attended by the "megastars" of the arbitration world (as one speaker put it), albeit in a new venue and with a substantial online audience watching as well.
08 November 2022
Latham promotes in London
Latham & Watkins has promoted Samuel Pape, part of the team defending Colombia in four ICSID claims, to partner in its international arbitration team.
03 November 2022
UK eases legal fee rules for sanctioned Russians
UK financial sanctions agency OFSI has simplified the process for lawyers accepting payments from clients on Russian and Belarusian sanctions lists.
01 November 2022
Italy seeks to annul ECT award
Italy has applied to ICSID to annul an award that required it to pay a UK oil and gas company €190 million plus interest for refusing to grant a production concession for an offshore oil field.
31 October 2022
Iranian state entity’s award challenge thrown out
Iran’s national oil company has lost another challenge to a US$2.4 billion award in favour of the UAE’s Crescent Petroleum in a long-running dispute over a failed gas supply deal.
24 October 2022
UK judge rejects apparent bias challenge in power dispute
A UK judge has refused to disqualify three arbitrators from a US$500 million power supply dispute that has led to allegations of fraud, while taking issue with the view that the UNCITRAL rules permit interim remedies to be granted in the form of an award.
18 October 2022
If it ain’t broke, don’t fix it: the English Arbitration Act and confidentiality
Zoe O’Sullivan KC, barrister and arbitrator at Serle Court in London, argues that the Law Commission’s provisional conclusion not to adopt a statutory code of confidentiality in the English Arbitration Act is pragmatic and sensible.
18 October 2022