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Freezing order upheld in aid of tech dispute in Zurich

Freezing order upheld in aid of tech dispute in Zurich

16 October 2018

The High Court in London has upheld a worldwide freezing order against a British environmental waste management group and one of its directors pending an arbitration with a Turkish joint venture partner that is being heard in Zurich under ICC rules.

Crimea awards upheld in Switzerland

Crimea awards upheld in Switzerland

16 October 2018

The Swiss Federal Supreme Court has rejected Russia’s challenge to a pair of investment treaty awards that upheld jurisdiction over claims by Ukrainian investors over property in Crimea – announcing its decision after a rare public deliberation.

White & Case promotes six

White & Case promotes six

16 October 2018

White & Case has named six new partners in its international arbitration group in London, Paris, Frankfurt, Geneva, New York and Dubai.

Elevator maker’s claim against South Korea lifts off

Elevator maker’s claim against South Korea lifts off

16 October 2018

Swiss based elevator maker Schindler has filed a US$300 million investment treaty claim against South Korea, accusing the state’s financial regulators of illegally approving capital increases in a Hyundai elevator business in which it holds a stake.

Freeze on proceeds of SIAC claim upheld in Australia

Freeze on proceeds of SIAC claim upheld in Australia

15 October 2018

A court in Western Australia has upheld a US$14 million freezing order against a Spanish-owned construction company that prevents it from disposing of the prospective proceeds of a SIAC arbitration against Samsung.

ICC rejects challenge based on arbitrator’s age

ICC rejects challenge based on arbitrator’s age

15 October 2018

76-year old Swedish arbitrator Sigvard Jarvin has survived an attempt to disqualify him as chair of a billion-dollar construction dispute at the ICC on the grounds that his age meant there was a risk he would fail to finish hearing the case and that the costs of insuring against such an event were prohibitive.

Rail operator settles NAFTA claim

Rail operator settles NAFTA claim

15 October 2018

A Denver-based transport company has settled its US$118 million NAFTA claim against Canada concerning a shuttered port and railway line affected by flooding.

Hong Kong court agrees to wait to consider CIETAC award

Hong Kong court agrees to wait to consider CIETAC award

15 October 2018

A Hong Kong court has sided with a Beijing-based subsidiary of an oil and gas company and agreed to wait to consider whether to set aside an order for the enforcement of a US$20 million CIETAC award until after the outcome of a challenge to the award in mainland China.

Peru escapes prison claim

Peru escapes prison claim

12 October 2018

Peru has defeated a US$50 million UNCITRAL claim brought by a Spanish investor over the withdrawal of its concession for the construction and management of the country’s first private prison.

Ghana pays in power barge dispute

12 October 2018

Ghana has paid a US$13 million award to UK company Balkan Energy in a power barge dispute in which the original claim was US$3 billion, leading the parties to request that cross-appeals in relation to the award be dismissed.