Region: United Kingdom

Volterra Fietta can't collect fees under unlawful retainer

The High Court in London has affirmed that Volterra Fietta is not entitled to any of the nearly US$3 million it billed a client in an investment treaty arbitration under a conditional fee agreement that was found to be unlawful.

02 August 2022

New principal at LK Law

James Hayton, who has worked on investment treaty claims against Argentina and Belgium among other cases and is co-founder of the first arbitration conference for the Balkan region, has been appointed principal at the London office of UK-Australian law firm LK.

29 July 2022

Gide promotes in London and Warsaw

Saadia Bhatty, co-host of the Arbitration Station podcast, has been promoted to partner at Gide Loyrette Nouel in London, while the firm has also named Krzysztof Ciepliński as partner in Warsaw.

20 July 2022

Electricity consortium threatens Nigerian state agency

A consortium of investors in an electricity distributor in Nigeria has reportedly threatened to take the country’s privatisation agency to arbitration in the UK, accusing it of facilitating a forced takeover of the utility by a local lender.

19 July 2022

UK court rules on what makes a valid arbitrator appointment

A recent judgment of the English High Court considered what is required to validly appoint an arbitrator under the 1996 Arbitration Act, calling for a broad, non-technical and pragmatic approach to the question.

14 July 2022

California businessman can bring late challenge to Burford award

An English court has said a California businessman is not too late to challenge an LCIA award that requires him to pay more than US$60 million in compound interest to a subsidiary of Burford Capital for breach of a litigation funding deal.

13 July 2022

Iranian state entity can’t appeal US$2.4 billion award

A London court has refused to allow Iran’s national oil company to appeal a US$2.4 billion award on a point of law while rejecting arguments the state entity had waived its right to bring such an appeal.

12 July 2022

Miner drops ICSID claim against Colombia

UPDATED: London-listed mining group Anglo American has withdrawn an ICSID claim against Colombia over the blocked expansion of a coal mine after selling its stake in the project to Glencore, which is still pursuing its own treaty case.

08 July 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

ECJ dismisses London award in oil spill saga

Following what is thought to be the last reference from an English court pre-Brexit, the European Court of Justice has ordered that an €855 million Spanish court judgment over an oil spill in the Atlantic must be enforced in England and denied the jurisdiction of a sole arbitrator who issued “irreconcilable” rulings years earlier.

24 June 2022

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