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Romanian real estate dispute heads to London

Romanian real estate dispute heads to London

10 July 2020

Johannesburg-listed property investment group NEPI Rockcastle has announced it is in arbitration over a €290 million sale of offices in Romania that stalled in the wake of the covid-19 pandemic.

Three new members at Europe-US disputes network

Three new members at Europe-US disputes network

10 July 2020

Victoria Associates, a recently launched network of disputes lawyers across Europe and the US, has added three new members in Seville, Boston and Athens.

Virtual awards ceremony draws global audience

Virtual awards ceremony draws global audience

10 July 2020

Practitioners from around the world logged on to attend the first virtual GAR Awards ceremony last night – raising a glass to the winners and watching a special video tribute to the recipient of our lifetime achievement award, the late VV Veeder QC.

Papua New Guinea threatened with mining claim as conciliation filed

Papua New Guinea threatened with mining claim as conciliation filed

10 July 2020

Canada’s Barrick Gold has threatened Papua New Guinea with an ICSID claim over the country’s refusal to extend a mining lease – a day after its joint venture company launched conciliation proceedings at the centre against the state.

UK Supreme Court to hear Kabab-Ji v Kout appeal

UK Supreme Court to hear Kabab-Ji v Kout appeal

10 July 2020

The UK Supreme Court has given a Lebanese food company leave to appeal a decision that refused enforcement of an ICC award against a non-signatory – weeks after the same award was upheld by a French court at the seat of arbitration.

Germany fails in second challenge to Vattenfall panel

Germany fails in second challenge to Vattenfall panel

09 July 2020

Germany has failed in a second attempt to disqualify the ICSID tribunal hearing a €4.7 billion claim brought by Swedish company Vattenfall over its phase-out of nuclear energy – after arguing that an arbitrator’s failure to disclose an alleged issue conflict and the tribunal’s refusal to delay a hearing in the face of the covid-19 pandemic showed bias.

South Korea averts treaty claim over island resort

South Korea averts treaty claim over island resort

09 July 2020

A Malaysian corporation that threatened to bring a multibillion-dollar investment treaty claim against South Korea over a thwarted project to build an island resort has agreed to settle the dispute by accepting compensation of US$100 million following a mediation.

Law firms team up for online case management protocol

Law firms team up for online case management protocol

09 July 2020

A working group made up of lawyers from Herbert Smith Freehills, Ashurst, CMS, DLA Piper, Hogan Lovells and Latham & Watkins has released a draft protocol for online case management in international arbitration.

Chinese-US aircraft venture spawns Hong Kong award

Chinese-US aircraft venture spawns Hong Kong award

09 July 2020

A Chinese-owned company has asked a Missouri court to enforce an US$87 million HKIAC award against its US partner in a failed joint venture to resell used aircraft.

The GAR 30 revealed

The GAR 30 revealed

09 July 2020

Global Arbitration Review has unveiled its annual ranking of the world’s leading international arbitration practices, with King & Spalding taking the top position for the first time.