Topic: Criminal proceedings
German court permits enforcement against India
A German court has ruled that Deutsche Telekom can partially enforce a US$132 million investment treaty award against India over a cancelled satellite deal, finding the state lacked evidence to substantiate its fraud allegations.
08 February 2023
Ukrainian lawyers charged with fraud in Switzerland
Three partners at Ukrainian firm Eterna Law have been charged with fraud in Switzerland after a former arbitration client accused them of forging a legal services agreement.
02 December 2022
Peru’s evidence in Odebrecht cases leads to rift with Brazil
Brazilian prosecutors have reportedly suspended cooperation with Peru on high-profile corruption investigations because of concerns about the state’s use of evidence in arbitrations relating to Odebrecht projects.
24 November 2022
Convicted businesswoman seeks to revive Kuwait claim
A Russian businesswoman who took refuge in an embassy after being convicted of money laundering in Kuwait has applied to revive her US$150 million investment treaty claim against the Gulf state.
14 November 2022
Panama defeats ICSID claim over corruption probe
Panama has defeated an ICSID claim worth over US$100 million brought by a US engineering company and its CEO who said they were unjustly targeted by corruption and money laundering probes.
17 October 2022
Croatia fails to reopen award after bribery verdict
A Swiss court has refused Croatia’s request for review of an UNCITRAL award in favour of Hungarian oil and gas group MOL in the wake of a corruption verdict against a former prime minister, ruling the arbitrators were not bound by the findings of the Croatian criminal courts.
13 October 2022
French judge probes Congo corruption claim
Leading French arbitrator Yves Derains has told GAR he welcomes the news that French authorities have opened a judicial investigation after the Republic of the Congo accused him of corruption in connection with a billion-euro ICC award.
30 August 2022
Steinmetz group tries to revive claim against Guinea
A mining group founded by Israeli businessman Beny Steinmetz that saw its US$5 billion ICSID claim against Guinea thrown out because of “overwhelming evidence” of corruption has applied to annul the award.
25 August 2022
Criminal conviction raises stakes in airline catering dispute
A Korean executive’s conviction last week on criminal charges relating to an airline catering contract is expected to be raised in a pending Singapore challenge to a US$1.78 billion ICC award.
23 August 2022
Russian claimant holed up in embassy loses case against Kuwait
A businesswoman who took refuge in the Russian embassy in Kuwait after being convicted of money laundering and embezzlement has lost an investment treaty claim against the Gulf state relating to her treatment.
15 August 2022