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First-time arbitrator resigns after complaint over CV

First-time arbitrator resigns after complaint over CV

27 May 2020

A software company that reported a first-time LCIA arbitrator to the Solicitors Regulation Authority for allegedly misrepresenting her arbitration experience on her CV has been ordered to pay part of the costs of a discontinued challenge.

ECT claim against EU underway

ECT claim against EU underway

26 May 2020

The first-ever investment treaty arbitration against the European Union – brought by a subsidiary of Russia’s Gazprom over a politically sensitive natural gas pipeline project – is underway at the Permanent Court of Arbitration.

Discovery denied in Spanish gaming dispute

Discovery denied in Spanish gaming dispute

26 May 2020

A US appeals court has dismissed a bid for reciprocal discovery by the respondents in an ICC arbitration where a bitter fight for control of a Spanish gaming group is playing out.

EU seeks feedback on investment protection regime

EU seeks feedback on investment protection regime

26 May 2020

In the wake of most EU member states agreeing to terminate their intra-EU bilateral investment treaties, the European Commission is inviting feedback on the current framework for cross-border investment in the EU.

Live Nation brings ICC claim over cancelled Mexican deal

Live Nation brings ICC claim over cancelled Mexican deal

26 May 2020

UPDATED WITH COUNSEL. US events company Live Nation has filed an ICC case over its termination of a US$462 million deal to acquire a majority stake in a leading Mexican promoter, after it raised concerns about the impact of the coronavirus pandemic on the business.

HKIAC names new co-chairs

HKIAC names new co-chairs

26 May 2020

Debevoise & Plimpton partner David W Rivkin and former Hong Kong secretary for justice Rimsky Yuen SC have been named as the new co-chairs of the Hong Kong International Arbitration Centre.

Korean firm hires from O’Melveny

Korean firm hires from O’Melveny

26 May 2020

YongSang Kim, who helped to defend South Korea in its first treaty case at ICSID, has left O’Melveny & Myers to join Yulchon in Seoul as co-head of its international disputes practice.

Mexico faces potential claims over pandemic response

Mexico faces potential claims over pandemic response

22 May 2020

Several investors are considering bringing investment treaty claims against Mexico after the state placed restrictions on renewable energy production citing a fall in demand caused by the coronavirus pandemic – amid doubt that this is the real motive.

South Korean submarine dispute surfaces

South Korean submarine dispute surfaces

22 May 2020

An ICC tribunal is hearing a dispute between South Korea and a German engineering group over the delayed delivery of five submarines, it has emerged.

Steinmetz: Brazilian miner’s anti-bribery checks were a “sham”

Steinmetz: Brazilian miner’s anti-bribery checks were a “sham”

22 May 2020

Israeli businessman Beny Steinmetz has accused Brazilian mining company Vale of wilfully ignoring potential corruption risks when it entered into a joint venture with his eponymous mining group a decade ago.