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Nissan settles treaty claim against India

Nissan settles treaty claim against India

29 May 2020

Nissan has reportedly settled an investment treaty claim against India after a state government agreed to pay up to US$238 million to end a dispute over promised incentives to build a car factory.

Clorox revives claim against Venezuela

Clorox revives claim against Venezuela

29 May 2020

US-based cleaning products group Clorox has been given another shot at its US$185 million investment treaty claim against Venezuela after persuading a Swiss court to overturn a negative jurisdictional ruling.

US court lifts stay on refinery seizure

US court lifts stay on refinery seizure

29 May 2020

A Delaware court has paved the way for Canadian mining company Crystallex to seize shares in the US refinery business owned by Venezuela’s national oil and gas company PDVSA – lifting a stay of attachment after the US Supreme Court declined an appeal over that decision.

Denmark faces first treaty claim over labour riot

Denmark faces first treaty claim over labour riot

29 May 2020

A construction company and its Lithuanian owner have filed the first known investment treaty claim against Denmark, after a dispute over labour rights led to rioting and vandalism at a site in Copenhagen.

EU publishes proposals for ECT revamp

EU publishes proposals for ECT revamp

28 May 2020

The European Commission has published its proposals for modernising the Energy Charter Treaty, which include a strengthening of states’ right to regulate, a new fair and equitable treatment standard and a ban on punitive damages.

Malaysian group wins award over shopping mall sale

Malaysian group wins award over shopping mall sale

28 May 2020

An HKIAC tribunal has awarded a Malaysian group almost US$140 million it claimed it was owed by a Chinese investor for the purchase of a shopping mall.

Stay of mobile gaming suit upheld in Singapore

Stay of mobile gaming suit upheld in Singapore

28 May 2020

The Singapore Court of Appeal has upheld a decision to stay a copyright infringement suit between rival Asian developers of mobile gaming apps while an arbitral tribunal considers whether the parties already agreed to settle the dispute.

Dispute over sale of media HQ goes ahead in Milan

Dispute over sale of media HQ goes ahead in Milan

28 May 2020

A Milan-seated tribunal has issued a partial award in a case brought by the media group behind Italian newspaper Corriere della Sera, as it seeks to reverse the €120 million purchase of its historic headquarters by US private equity group Blackstone.

Shell and Exxon to arbitrate Dutch gas field dispute

Shell and Exxon to arbitrate Dutch gas field dispute

27 May 2020

Shell and ExxonMobil will go to arbitration with the Netherlands over compensation for the early closure of a gas field that was blamed for causing earthquakes.

US boutique promotes in Miami and DC

US boutique promotes in Miami and DC

27 May 2020

US disputes boutique GST has promoted two new counsel who have represented Venezuela and Pakistan in a string of high-profile investment disputes.