Topic: Force majeure

UPDATED: A French-owned uranium trader has asked a US court to enforce an ICC award issued by Swiss arbitrator Sébastien Besson over supplies of uranium ore destined for a plant in Argentina.

26 September 2023

Houston’s Occidental Petroleum has agreed to pay a net sum to Yemen to settle awards rendered in two ICC arbitrations relating to the same oil block, bringing an end to enforcement proceedings in Delaware.

22 September 2023

As Bangladesh contends with an energy crisis, details of two concluded arbitrations against state entities in that sector have come to light – including one where a contractor unsuccessfully argued that an influx of Rohingya refugees from Myanmar prevented it from building a solar park.

20 September 2023

The spring conference of the German Arbitration Institute (DIS) addressed disruption and change in global supply chains, including related to the covid-19 pandemic, the Russian invasion of Ukraine and inflation. Yashan Huang, associate at CMS Hasche Sigle in Hong Kong, reports.

16 June 2023

A Canadian mining company is bringing a claim against the Central African Republic over cancelled licences and permits for a gold project that was occupied by rebel fighters.

14 June 2023

Yemen has applied to a US court to enforce the outstanding part of a US$10 million ICC award against an affiliate of Occidental Petroleum.

08 February 2023

Gazprom has provided more details about an award issued in an arbitration with a Finnish state-owned gas importer, saying the tribunal ruled the Russian company is owed over €300 million and was entitled to cut off supplies owing to force majeure.

17 November 2022

The Inter-Pacific Bar Association Arbitration Day in Singapore saw more than 100 delegates gather to discuss how international arbitration in the region has fared during the pandemic and will fare in future.

14 October 2022

A conference in Prague considered how arbitrators and quantum experts should deal with the impact of sanctions, counter-sanctions and high inflation. Tatiana Rukhliada, Martin Kozak and Katerina Skryjova of PwC in Prague report.

23 September 2022

The operator of an LNG storage facility in Mexico has asked a US court for leave to subpoena affiliates of Shell and Gazprom in aid of efforts to enforce a now-public ICC award worth more than US$600 million.

31 August 2022