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A Dutch national who won a US$45 million investment treaty award against Vietnam is suing his arbitration counsel King & Spalding, accusing the firm of colluding with third-party funder Burford Capital to cheat him out of his due share of the proceeds.
15 June 2021
A Singapore oil and gas company says it has settled a SIAC claim against a subsidiary of Japan’s Inpex Corporation over the purchase of a US$14 million stake in a Vietnamese offshore gas block.
12 November 2020
Affiliates of Boston-based insurer Liberty Mutual have lodged an ICSID claim against Venezuela after selling their local operations amid hyperinflation and foreign exchange restrictions.
05 November 2020
A Korean real estate investor has threatened Vietnam with a US$79 million investment treaty claim over the alleged expropriation of its stake in a Ho Chi Minh City housing project.
22 October 2020
A court in Hanoi has set aside a US$93 million award issued by the Vietnam International Arbitration Center in favour of two Chinese state-owned entities over a hydropower plant project, ruling the fact that two of the arbitrators were being sued by one of the parties did not justify moving the arbitration hearings outside the country.
04 February 2020
27 January 2020
A Russian engineering company hit with US sanctions has reportedly brought a SIAC claim against state-owned PetroVietnam over a stalled project to build a US$1.3 billion power plant.
04 November 2019
04 January 2019
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