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Australian funder to merge with Dutch rival

Australian funder to merge with Dutch rival

16 October 2019

Sydney-listed IMF Bentham will merge with another disputes funder, Amsterdam-based Omni Bridgeway, to create a “truly global funder” with a capital of US$1.48 billion.

SNC-Lavalin settles Chilean copper mine dispute

SNC-Lavalin settles Chilean copper mine dispute

15 October 2019

Canadian engineering firm SNC-Lavalin has agreed to settle two arbitrations worth over US$400 million with Chile’s state-owned copper company over a cancelled contract to build acid treatment plants at the world’s largest open pit copper mine.

Standard Chartered wins damages from Tanzania

Standard Chartered wins damages from Tanzania

15 October 2019

The Hong Kong arm of Standard Chartered Bank has won a US$185 million ICSID award against Tanzania in a dispute over rights under a power purchase agreement which has already spawned three other arbitrations at the centre.

Squire Patton Boggs hires in New York

Squire Patton Boggs hires in New York

15 October 2019

John Branson, a partner at Womble Bond Dickinson who recently helped Laos defeat treaty claims worth US$1 billion, is leaving the firm to join the New York office of Squire Patton Boggs – which is also adding two associates.

The Pledge three years on: progress being made

The Pledge three years on: progress being made

14 October 2019

More than three years after the launch of the Equal Representation in Arbitration Pledge, independent arbitrator Lucy Greenwood has updated her research into the composition of tribunals at various institutions – concluding that considerable progress that has been made.

US courts continue to show restraint over “manifest disregard” doctrine

US courts continue to show restraint over “manifest disregard” doctrine

14 October 2019

Hughes Hubbard & Reed’s co-chair of international arbitration Hagit Elul and associate Olivia Bensinger in New York consider a recent decision showing that US courts continue to exercise restraint when it comes to applying the controversial doctrine of “manifest disregard of the law” as a basis for vacating an arbitral award.

Armenia faces treaty claim over garbage collection

Armenia faces treaty claim over garbage collection

14 October 2019

A Lebanese waste management company has said it will bring an investment treaty claim against Armenia over the cancellation of contracts for garbage collection in the capital city of Yerevan.

White & Case promotes three

White & Case promotes three

14 October 2019

White & Case has promoted three members of its global international arbitration practice to the partnership in New York, London and Abu Dhabi.

Belarusian investor threatens Lithuania over gas pipeline

Belarusian investor threatens Lithuania over gas pipeline

14 October 2019

UPDATED: A Belarusian construction company has threatened Lithuania with an investment treaty claim after it was excluded from a strategically important gas pipeline project on national security grounds.

ICC ADR manager joins Mayer Brown

ICC ADR manager joins Mayer Brown

11 October 2019

Alina Leoveanu, the former manager of the ICC International Centre for ADR, has joined Mayer Brown in Paris.