Region: United Kingdom

Steinmetz lawyers say Vale award may be reopened after fraud trial collapses

Beny Steinmetz’s eponymous mining company may seek to overturn a US$2 billion LCIA award in favour of Brazil’s Vale following the collapse of a related fraud litigation this week, the Israeli businessman’s lawyers have said.

17 February 2022

EU targets UK over Micula award

The European Commission has launched infringement proceedings against the UK over a decision by its Supreme Court allowing enforcement of a €178 million ICSID award against Romania.

10 February 2022

England's 1996 act – still best in class?

As the Law Commission of England and Wales undertakes a review of the 1996 English Arbitration Act, practitioners marked its 25th anniversary of coming into force, on 31 January 1997, with a discussion of whether it's still "best in class".

03 February 2022

Norton Rose promotes partners in three countries

Norton Rose Fulbright has promoted Matthew Buckle in London, Alison FitzGerald and Jenna Anne de Jong in Ottawa and Denton Nichols in Houston as partners in its international arbitration practice.

13 January 2022

Fieldfisher hires partner for new India practice

Shivani Sanghi has left Covington & Burling to join Fieldfisher as partner in the arbitration and litigation team in London, where she will front the firm’s new India practice.

10 January 2022

Two new of counsel at Omnia

Ana Paula Montans and Solomon Ebere, who helped The Gambia settle an ICSID claim, have been named of counsel at Omnia Strategy, the London disputes boutique firm founded by Cherie Blair QC.

10 January 2022

British F1 team races to enforce against ex-sponsor

A British Formula 1 racing team has asked a US court to enforce a US$36 million LCIA award issued by arbitrator Klaus Reichert SC against its former lead sponsor.

07 January 2022

Gonin 60 seconds: barrister heads to Brick Court

Barrister Emilie Gonin, who is acting in ICSID claims against Panama and Romania, has left Doughty Street Chambers to join Brick Court Chambers in London.

06 January 2022

Court finds Kazakhstan bound by Soviet treaty

A UK court has ruled that a US$917 million arbitration against Kazakhstan can proceed after all, finding that an eminent UNCITRAL tribunal was distracted by “irrelevant material” when it found the state was not bound by an investment treaty signed by the former Soviet Union.

04 January 2022

Russian and Italian banks win round of oil services dispute

An English court has upheld a US$43 million LCIA award in favour of Russia’s Gazprombank and its Italian partner in an oil services venture while refusing to disqualify the arbitrators from related arbitrations.

14 December 2021

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