Premium article - October 08, 2010
Norwegian oil company DNO will have to pay up to US$75 million to an American ex-diplomat and a Yemeni businessman in a dispute over revenues from its Iraqi oil operations, according to the decision of an LCIA tribunal.
Premium article - May 10, 2010
The Swedish Supreme Court has refused to enforce an award in favour of a Russian company on the grounds that the respondent was not given proper notice of the arbitration.
Premium article - February 19, 2010
A US court has disqualified an arbitrator from proceedings after ruling that he might prove unable to disregard his knowledge of a confidential earlier case he arbitrated featuring the same parties.
Premium article - February 17, 2010
An ICC award rendered by well-known arbitrators has been partially revoked in Paris after the court found that the panel made its decision based on the Austrian legal principle of Geschäftsgrundlage, a concept not invoked by either party.