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On the opening day of London International Disputes Week, a panel discussed new challenges for London as a centre for Russian disputes – as well as broader issues such as the impact of sanctions, seizing Russian assets and the potential for new investment treaty cases.
15 May 2023
A Canadian appeal court has rejected a bid by one of Kyrgyzstan’s arbitral creditors to attach a US$50 million payment made by a Canadian mining company to settle an unrelated investment dispute with the Central Asian state.
15 May 2023
Spain’s quixotic battle with renewable energy creditors has taken a new turn as an award holder freezes state assets including the London premises of the country’s language and cultural centre, the Cervantes Institute.
06 April 2023
A Luxembourg court has lifted an attachment previously granted to Philippine claimants seeking to enforce a US$15 billion award against Malaysia – as the dispute gives rise to further rulings in the Spanish courts.
03 February 2023
A French court has ruled that Libya is not too late to appeal the enforcement of a €280 million award, after finding that delivery of documents to the state’s foreign ministry was not sufficient to prove service had been completed.
27 January 2023
A Swedish investor that won a US$165 million award against Tanzania has persuaded a Dutch court to uphold the attachment of an aircraft owned by the east African state, even though ICSID has stayed enforcement pending annulment proceedings.
29 November 2022
The former Yukos majority shareholders are preparing to auction off seized trademarks to “iconic” Russian Vodka brands in the Netherlands, as they seek to cash in on their US$50 billion awards against the state.
11 October 2022
Ukraine is petitioning the United Nations to create a commission to resolve claims against Russia for financial damages arising out of the war – amid speculation that some US$300 billion in frozen Russian central bank assets could be targeted for enforcement.
10 October 2022
The heirs to a sultanate on the island of Borneo have asked a Dutch court to enforce their US$15 billion award against Malaysia.
30 September 2022
A Quebec appeal court has unfrozen US$17 million in funds belonging to India’s national flag carrier, finding that the province’s civil code does not permit enforcement against a state-owned company merely because it is an “alter ego” of a debtor state.
22 September 2022
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