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Ukraine on notice from tobacco investors

Ukraine on notice from tobacco investors

06 August 2020

Two international tobacco companies have threatened Ukraine with investment treaty claims over fines imposed for conspiring to monopolise the country’s cigarette market, with two other companies considering filing notices imminently.

Chevron defeats bid to enforce Amazonian pollution judgment

Chevron defeats bid to enforce Amazonian pollution judgment

06 August 2020

The Argentine Supreme Court has refused to enforce a US$9.5 billion judgment against Chevron over environmental pollution in the Amazon that an UNCITRAL tribunal has found to be a denial of justice.

Tribunal challenged in Latvian metal plant case

Tribunal challenged in Latvian metal plant case

06 August 2020

A Ukrainian co-owner of a scrap metal company has challenged all three arbitrators hearing its ICSID claim against Latvia over a bankrupt metallurgical plant.

Quinn Emanuel hires from Fried Frank

Quinn Emanuel hires from Fried Frank

06 August 2020

Justin Michaelson has left Fried Frank Harris Shriver & Jacobson after eight years to join the partnership at Quinn Emanuel Urquhart & Sullivan.

Investors in mass ICSID claim ordered to pay security

Investors in mass ICSID claim ordered to pay security

05 August 2020

An ICSID tribunal has ordered almost 1,000 Greek and Luxembourgish investors who are bringing a claim against Cyprus to pay security for costs, having previously noted the “unique” difficulty the state could face in recovering expenses from so many claimants.

Ukraine state entity’s PCA claim against Russia underway

Ukraine state entity’s PCA claim against Russia underway

05 August 2020

A Ukrainian state entity’s investment treaty claim against Russia over the expropriation of its Crimean assets is underway at the Permanent Court of Arbitration, with the tribunal rebuffing an early effort by the state to bifurcate the proceeding.

Panel rules against Korea in bridge dispute

Panel rules against Korea in bridge dispute

05 August 2020

A bridge concessionaire says it has prevailed in an ICC dispute with South Korea over the interpretation of a non-compete clause in its contract and its entitlement to compensation following the approval of a rival project.

Armas takes helm at Hogan Lovells

Armas takes helm at Hogan Lovells

05 August 2020

Oliver Armas has been appointed as global leader of Hogan Lovells' international arbitration practice, taking over from Daniel Gonzalez.

Miner secures funding for Peru claim

Miner secures funding for Peru claim

04 August 2020

A Canadian company has secured US$4.1 million in backing from a UK funder as it prepares to file an investment treaty claim against Peru over a gold mining project halted by a rural community blockade.

Belize threatened over port nationalisation plan

Belize threatened over port nationalisation plan

04 August 2020

Businessman and former UK politician Michael Ashcroft has threatened Belize with a US$85 million treaty claim over proposals to nationalise a major port crippled by extended strike action – five years after he settled a separate dispute with the state.