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No Singapore seat for Chinese dispute, rules appeal court

No Singapore seat for Chinese dispute, rules appeal court

22 October 2019

The Singapore Court of Appeal has quashed a ruling that affirmed a SIAC tribunal’s jurisdiction to hear a case under a clause providing for “arbitration in Shanghai” – concluding that the Chinese city was clearly intended as the seat for the dispute.

Barrick pays Tanzania to settle tax dispute

Barrick pays Tanzania to settle tax dispute

22 October 2019

Canadian mining company Barrick Gold has agreed to pay US$300 million to settle a dispute between its UK subsidiary and Tanzania which had led to two UNCITRAL arbitrations, the threat of an investment treaty claim and criminal proceedings.

Call for topics: what should be discussed at GAR Live Advanced Damages?

Call for topics: what should be discussed at GAR Live Advanced Damages?

22 October 2019

Part of GAR Live Advanced Damages Worskhop – coming soon - will be devoted to hot topics. We invite readers to submit ideas for the panel.

Gearing barred from defending Nissan award in Singapore

Gearing barred from defending Nissan award in Singapore

22 October 2019

Allen & Overy partner Matthew Gearing QC has been denied permission to appear before the Singapore International Commercial Court to help Nissan defend a jurisdictional decision in an investment treaty arbitration against India.

Canadian boutique hires from Squire Patton Boggs

Canadian boutique hires from Squire Patton Boggs

22 October 2019

Former diplomat Haig Oghigian has left Squire Patton Boggs in Tokyo to return to his native Canada with Montreal disputes boutique Woods.

Shell seeks arbitration of Nigerian oil revenue dispute

Shell seeks arbitration of Nigerian oil revenue dispute

21 October 2019

Shell has asked a court in Abuja to grant an injunction to halt Nigeria’s attempts to reclaim US$13 billion in outstanding oil revenues to allow the company to pursue international arbitration.

Panel in place for Peru dispute

Panel in place for Peru dispute

21 October 2019

A tribunal is in place at the Permanent Court of Arbitration to hear a claim brought against Peru by a Lima-based media company and three associated Peruvian nationals.

Deutsche Bank wins injunction in Mexican asset sale dispute

Deutsche Bank wins injunction in Mexican asset sale dispute

21 October 2019

A US court has granted Deutsche Bank an anti-suit injunction in aid of an ICC arbitration over a failed US$175 million asset sale in Mexico, days after an emergency arbitrator denied the counterparty’s request for interim relief.

Spain’s three major arbitral centres unite

Spain’s three major arbitral centres unite

21 October 2019

After more than 30 years of rivalry, Spain’s three largest arbitral institutions have joined forces to form a single centre to administer international arbitrations.

‘Breached settlement’ leads to new Venezuela claim

‘Breached settlement’ leads to new Venezuela claim

18 October 2019

Two US oilfield services companies that agreed to a US$420 million settlement with Venezuela to end an ICSID dispute seven years ago have filed a fresh claim over the state’s alleged failure to comply with the terms of that deal.