Region: United Kingdom

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

LCIA gets exemption from Russia and Belarus sanctions

The London Court of International Arbitration has been granted a general licence allowing it to process payments from parties subject to the UK’s recent financial sanctions against Russia and Belarus to cover their arbitration costs.

17 October 2022

Covington promotes in London

Covington & Burling has promoted Monique O'Donoghue to partner in its London office, four years after she returned to the firm from K&L Gates.

05 October 2022

Kabab-Ji ruling cements cross-Channel clash

The French Court of Cassation has upheld an ICC award won by Lebanese company Kabab-Ji after confirming that French law applied to the arbitration agreement, cementing an “embarrassing” clash with the UK’s top court which has already denied enforcement after finding that English law applied.

29 September 2022

Aston Martin faces claim over hypercar project

British luxury carmaker Aston Martin has been hit with an ICC claim reportedly worth £150 million over a terminated deal to underwrite its Valkyrie hypercar.

23 September 2022

Reforms proposed for England’s 1996 Act

Practitioners have been reacting to initial proposals by the Law Commission of England and Wales for reform of the Arbitration Act 1996, including on arbitrators’ duties of disclosure, summary disposal, jurisdictional challenges and emergency arbitration.

22 September 2022

Join us for GAR Live Energy Disputes

Tickets are still available for GAR Live Energy Disputes later this month, which will cover the impact of the Russian invasion of Ukraine, international sanctions, price fluctuations and alternative energy sources.

05 September 2022

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