Region: United Kingdom

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UPDATED: London-listed mining group Anglo American has withdrawn an ICSID claim against Colombia over the blocked expansion of a coal mine after selling its stake in the project to Glencore, which is still pursuing its own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

Ex-Ivanyan lawyer heads to Omnia

James Dingley has joined the partnership at Omnia Strategy, the London disputes boutique founded by Cherie Blair QC, following his departure from Ivanyan and Partners in the wake of Russia’s invasion of Ukraine.

16 June 2022

India fails to upend latest award in protracted oil and gas dispute

The English Commercial Court has dismissed India’s challenge to a previously undisclosed US$111 million UNCITRAL award issued in its 11-year and still-pending dispute with Reliance Industries and BG Group over oil and gas fields.

09 June 2022

Venezuela faces treaty claim over alleged electoral fraud

The UK owner of election technology group Smartmatic has brought a US$1.5 billion investment treaty claim against Venezuela, accusing it of a campaign of harassment following an allegedly fraudulent election.

06 June 2022

RPC recruits from Stephenson Harwood

Shai Wade has left the partnership at Stephenson Harwood after nearly a decade to become head of international arbitration at Reynolds Porter Chamberlain in London.

30 May 2022

Pallas expands with Debevoise hire

Nelson Goh has left Debevoise & Plimpton to join the partnership at Pallas Partners, the London disputes boutique set up by a breakaway team from Boies Schiller Flexner earlier this year.

30 May 2022

Funder sues treaty claimant after settlement with Egypt

A disputes funder that provided initial financing for an investment treaty claim against Egypt before going bankrupt is now suing the successful claimant for a share of the settlement proceeds.

20 May 2022

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