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A US court has temporarily blocked Bangalore-based Devas Multimedia from settling a dispute over a US$562 million ICC award against Indian state-owned satellite company Antrix – amid allegations of a “government hijacking” after a liquidator took control of Devas, accused it of fraud and fired its counsel.
02 March 2021
A Luxembourg company has applied to revive a US$763 million ICDR claim against US oil field services group Baker Hughes over a project to build a pair of small-scale liquefied natural gas plants in Nigeria.
26 February 2021
A Hong Kong electronics company is seeking US discovery ahead of a claim at the German Institution of Arbitration, or DIS, over an alleged fraud in connection with its billion-dollar purchase of two car technology businesses.
26 February 2021
A US appeals court has upheld an American Arbitration Association award that requires the Seneca Nation of Indians to pay over US$1 billion in casino revenues to the State of New York over the next few years.
24 February 2021
Companies controlled by Ukrainian oligarchs Igor Kolomoisky and Gennadiy Bogolyubov say they are launching a second ICSID claim against the United States over the targeting of assets they are accused of acquiring through money laundering.
23 February 2021
A California court has ruled that a dispute involving drinks company Monster Energy can return to JAMS – rejecting arguments that the arbitral institution showed bias when it asked the US Supreme Court to clarify disclosure requirements for arbitrators.
19 February 2021
Santiago Bejarano, who helped a US pharmaceutical company win a treaty claim against Ecuador, has left WilmerHale after more than six years to join Latham & Watkins as counsel in New York.
16 February 2021
The UK’s Cairn Energy has applied to a US court to enforce a US$1.3 billion investment treaty award against India over the country’s pursuit of a retroactive tax bill.
15 February 2021
Entities controlled by two Ukrainian oligarchs say they are bringing an ICSID claim against the United States in response to civil forfeiture actions targeting their assets.
09 February 2021
The DuPont Company and its spin off business Chemours have reached a US$4 billion settlement of several claims, including an AAA arbitration, relating to environmental liabilities for the production of “forever chemicals.”
28 January 2021
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