Topic: Settlements

Merger partners see eye to eye on ICC case

The Italian and French partners in a €50 billion merger that created the world’s largest eyewear maker, EssilorLuxottica, have settled an ICC dispute over the company’s governance.

13 May 2019

Saipem and Gazprom settle billion-euro pipeline dispute

Italian engineering group Saipem and a subsidiary of Russian state-owned gas producer Gazprom have settled a €1.3 billion ICC dispute over a cancelled project to build a gas pipeline between Russia and southern Europe.

09 May 2019

Louis Dreyfus owners settle family feud

Swiss billionaire Margarita Louis-Dreyfus has settled an ICC dispute with members of her family over a buyout of their interests in one of the world’s largest traders in agricultural commodities.

28 February 2019

Oil companies fight Oxy for share of ICSID award

Houston-based Occidental Petroleum has failed in a bid to restrain Canadian oil and gas company Encana from pursuing claims against it in an ICDR arbitration over rights to the proceeds of a billon-dollar ICSID award against Ecuador.

27 February 2019

Billion-dollar private equity dispute settles at SIAC

The cast list has come to light for a US$1.3 billion SIAC dispute between an Indian airport infrastructure company and its private equity backers, following the settlement of the case last year.

16 January 2019

Deal signals end to cases over Egypt-Israel gas supplies

In the wake of four arbitral rulings finding Egypt and its state-owned entities liable for repudiating a deal to supply gas to Israel via an undersea pipeline, US, Israeli and Egyptian partners are to buy a stake in the company that operated the pipeline for US$518 million, paving the way for the end of the cases.

27 September 2018

UNCITRAL approves draft treaty to enforce mediated settlements

A “New York-style Convention” aimed at ensuring the cross-border enforceability of international settlement agreements arising from mediation is one step closer to fruition after the United Nations Commission on International Trade Law finalised the text of the draft treaty earlier this week.

29 June 2018

Arbitrator bribery suit continues despite settlement

A US insurer has settled an acrimonious dispute with a former business partner whom it accused of bribery – but has yet to withdraw litigation against the Italian arbitrator alleged to have been bribed.

20 July 2016

Chad and China settle oil pollution claim

17 November 2014

Fuchs released after settling with Georgia

02 December 2011

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