Region: United States of America
“Side-switching” challenge rejected on appeal
A Spanish contractor has failed in a renewed bid to overturn a US$40 million ICC award over a Peruvian refinery on the basis that two members of its counsel team joined the opposing side’s law firm while the arbitration was pending – as a separate dispute over a US$1 billion project in Algeria gets underway.
27 July 2022
Award creditor targets Haiti assets held by US airline
A fuel importer that won a US$23 million award of security against Haiti last year has sought to attach state assets held by American Airlines until the arbitration is concluded.
25 July 2022
Media dispute wrapped up in Milan
An Italian media group has settled a dispute over the €120 million sale of its historic headquarters to Blackstone after it failed to set aside an award issued in favour of the US private equity group by a Milan-seated tribunal.
22 July 2022
Glassmaker wins ICC award in post-M&A dispute
A Luxembourg-based glassmaker says it has won an US$84 million ICC award against France’s Saint-Gobain relating to a billion-dollar acquisition.
18 July 2022
Bill Slate 1943-2022
Bill Slate, former president and CEO of the American Arbitration Association and founder of the International Centre for Dispute Resolution, has died aged 79.
15 July 2022
Spat over Shaq leads to ICC award
A Polish foundation has sought to enforce an ICC award over a failed plan to bring retired American basketball player Shaquille O’Neal to Warsaw to participate in events celebrating the 100th anniversary of Poland’s independence.
14 July 2022
California businessman can bring late challenge to Burford award
An English court has said a California businessman is not too late to challenge an LCIA award that requires him to pay more than US$60 million in compound interest to a subsidiary of Burford Capital for breach of a litigation funding deal.
13 July 2022
Exxon and Shell can enforce parts of Nigerian oilfield award
A US appeals court has found partly in favour of ExxonMobil and Shell in a long-running fight with Nigeria’s national oil company over a US$2.7 billion award rendered a decade ago – as a separate dispute erupts over the proposed US$1.3 billion sale of one of the west African state’s largest oil producers.
11 July 2022