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
An UNCITRAL tribunal has ordered Vietnam to pay US$45 million including moral damages and costs to one of its former nationals who was imprisoned and stripped of his assets two decades ago – with the investor reportedly having claimed around US$1.25 billion in the case.
15 April 2019
04 January 2019
30 June 2017
30 June 2017
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