Region: United States of America

Yukos awards stayed in US

A US court has granted Russia a stay of enforcement on the US$50 billion Yukos awards while the state pursues its set aside bid in the Netherlands.

23 November 2020

Eni barred from “collateral attack” on LNG award

The Delaware Supreme Court has barred an affiliate of Eni from pursuing a second arbitration against the operator of an LNG terminal in Mississippi on the basis that all its claims were a “collateral attack” on a prior ICDR award worth US$371 million.

18 November 2020

Kazakhstan hunts claimant's assets after Soviet treaty win

After defeating a US$917 million claim under a Soviet investment treaty and winning costs, Kazakhstan has applied for discovery from various US banks to track down the claimant's assets and sources of funding.

06 November 2020

JAMS decides biotech IP dispute

A JAMS arbitrator has reportedly rejected a California biotech company’s claim that one of its co-founders misappropriated trade secrets relating to developing treatments for neurodegenerative diseases.

03 November 2020

Leonardo wins fight over superbug laser treatment

A subsidiary of Italian defence contractor Leonardo has prevailed in a US$225 million ICDR dispute concerning a halted project to use laser technology to combat nasal superbugs.

23 September 2020

Settlement bars Petrobras claim over refinery bribes

A Texas state appeal court has affirmed that Brazil’s Petrobras is barred from pursuing bribery claims in an ICDR arbitration over the purchase of a US oil refinery because of a settlement agreed eight years ago.

25 August 2020

Ponzi scheme victims proceed with treaty claims against US

Over seven years after originally filing their claims, it has emerged that victims of a Ponzi scheme devised by convicted fraudster Allen Stanford are moving ahead with investment treaty arbitrations against the US – collectively seeking over US$511 million in damages.

21 August 2020

Hague tribunal orders return of Iranian assets

The Iran-US Claims Tribunal in The Hague has ruled in a long-running dispute over Iranian physical assets that were frozen during the 1979 hostage crisis – ordering the US to pay over US$29 million in damages to Iran and return several antique musical instruments including a Stradivarius.

16 March 2020

National Arbitration Forum

28 January 2020

JAMS

28 January 2020

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