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Laurent Aynès has been disqualified as president of the arbitral tribunal hearing a US$32 billion case over a gas supply contract brought by Crescent Petroleum against Iran's national oil company.
27 March 2023
Documents leaked to GAR shed light on efforts by Iran's national oil company to disqualify the tribunal president in a US$32 billion arbitration with Crescent Petroleum, a challenge that is supposed to be decided this week.
14 March 2023
The final hearing of a US$32 billion case against Iran's state-run oil company has been postponed less two than two weeks before it was due to begin, after Wolfgang Peter and his team at Peter & Kim resigned over an alleged due process failure and co-counsel from Eversheds Sutherland followed suit.
06 March 2023
On the heels of an unsuccessful challenge to the whole tribunal, the National Iranian Oil Company is seeking to disqualify Laurent Aynès from continuing as tribunal president in a US$32 billion dispute with the UAE’s Crescent Petroleum because of his alleged ongoing failure to disclose his and his firm’s involvement in similar proceedings.
03 March 2023
Cameroon has sought to disqualify French arbitrator Thomas Clay from hearing an ICSID dispute with an oil consortium.
02 March 2023
Former ICC Court president Alexis Mourre used a keynote speech at GAR Live Abu Dhabi to call for a single, universal standard for arbitrator disclosure based on objective and subjective perspectives.
20 February 2023
David Malpass has announced his plans to resign as president of the World Bank – and chair of ICSID’s administrative council – before the end of his term, amid reports of a climate policy rift with US President Joe Biden.
17 February 2023
A Singapore court has upheld a pair of SIAC awards that found Repsol liable for fraud in a US$5 billion dispute with China’s Sinopec, while refusing to disqualify the presiding arbitrator over his role on a Chinese court-appointed expert panel.
02 February 2023
The National Iranian Oil Company has failed to disqualify three arbitrators from a US$32 billion case over their refusal to reschedule a hearing despite the unavailability of the state entity’s senior lead counsel.
31 January 2023
Albania has failed to disqualify Charles Poncet from hearing its bid to revise a €110 million ICSID award based on the Swiss arbitrator being the only original member of the tribunal available to hear the request.
05 December 2022
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