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A Bolivian politician’s company has ended its efforts to enforce a US$36 million award in the US courts despite pending annulment proceedings in Bolivia, after it reached a settlement with the Mexican award debtor.
17 March 2023
An Indian fintech company has filed a SIAC claim to recover shares owned by one of its founders who it has accused of fraud and embezzlement.
12 December 2022
An UNCITRAL tribunal has ordered Venezuela to pay US$105 million to a Barbadian subsidiary of Occidental Petroleum after finding the state liable for discriminatory conduct in its payment of dividends from an oil and gas venture.
18 November 2022
A company owned by Angolan billionaire Isabel dos Santos has lost a final appeal in the French courts relating to a US$646 million award, failing on arguments that the ICC was wrong to appoint all five members of the tribunal itself or that an arbitrator failed to disclose potential conflicts.
15 November 2022
A US court has enforced a US$450 million CIETAC award against a Chinese billionaire over investments in a cinema company, rejecting arguments that the tribunal was biased and failed to properly address his allegations of fraud.
04 October 2022
One of China’s largest mining groups has launched an ICC claim over the purchase of a stake in a major lithium project in the Democratic Republic of the Congo.
13 May 2022
Spanish and Mexican media companies have agreed to settle a shareholder dispute over control of a Mexican radio broadcaster that gave rise to ICC arbitration as well as conciliation and emergency arbitrator proceedings.
26 April 2022
A US court has refused to enforce a US$21 million CIETAC award against a subsidiary of Chinese state-owned oil and gas company Sinopec.
25 April 2022
A US court has granted India a stay of enforcement of a US$111 million investment treaty award in favour of Mauritian telecoms investors, as a French court denies the investors permission to intervene in an action to enforce a related ICC award.
04 April 2022
A divided ICC tribunal has ruled that Libya’s national oil company can buy out its Emirati partner in a refinery venture – as a dissenting arbitrator complains of due process violations and says the award “deprives a bona fide investor of its investment”.
08 March 2022
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