Premium article - December 18, 2015
The Hong Kong arm of US tobacco group Philip Morris has lost its multibillion-dollar treaty claim against Australia over legislation that mandates plain packaging of cigarettes - ending a controversial case that raised concerns about a clash between investor-state arbitration and public health policies.
Premium article - December 17, 2015
The former majority shareholders in the Yukos oil company can continue to attach Russia's assets in France in fulfilment of a US$50 billion award of damages, the Paris Court of Appeal has ruled - with all money seized to be placed into escrow pending the outcome of a challenge to the recognition of the award.
Premium article - December 15, 2015
ICSID's former acting secretary general Nassib Ziadé is among eight arbitrators who have received first-time appointments to hear cases at the centre in recent months, with others including Singapore's Cavinder Bull SC and Australia's James Spigelman.
Premium article - December 07, 2015
An ICC tribunal has ordered two Egyptian state entities to pay over US$2 billion to Israeli and Egyptian parties for terminating a gas supply agreement in the wake of the Arab Spring, as final awards are awaited in three related arbitrations.
Premium article - November 30, 2015
Companies linked to Israeli billionaire Beny Steinmetz have lodged a second ICSID claim against Guinea over the revocation of mining rights in the wake of a bribery scandal, adding a new basis for jurisdiction and claims for further damages.
Premium article - November 24, 2015
UPDATED: A US court has confirmed a US$746 million ICSID award against Venezuela, holding that the state waived its right to use arguments that its counsel had only raised "obliquely" in the arbitration hearings.
Premium article - October 30, 2015
The smoke haze that has engulfed Singapore, Malaysia and other parts of Southeast Asia for two months could violate international law and be the subject of an investment treaty claim against Indonesia, according to a recent briefing prepared by Dechert partner Mark Mangan and colleagues in the firm's Singapore arbitration team.
Premium article - September 24, 2015
The past six weeks have seen a flurry of new panels formed at ICSID, including first-time appointments for former Shell legal director Peter Rees QC, three South American practitioners and the first Cape Verdean arbitrator in the centre's history.
Premium article - August 12, 2015
The latest round of tribunals formed at ICSID sees Lalive partner Teresa Giovannini and Serbian academic Maja Stanivuković hearing their first cases at the centre, with New Zealander Stephen Jagusch receiving his second appointment.
Premium article - July 31, 2015
Argentina has asked a US court to overturn an UNCITRAL award in favour of the UK's Anglian Water Group, resurrecting eight-year-old allegations about Swiss arbitrator Gabrielle Kaufmann-Kohler's failure to disclose a conflict of interests.