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Ad agency brings treaty claim against Czech Republic

Ad agency brings treaty claim against Czech Republic

17 September 2020

The world’s largest outdoor advertising company has made good on its threat to file a €40 million investment treaty claim against the Czech Republic over the termination of a long-term agreement for advertising space on Prague public transport.

Russian bank’s emergency award rebuffed in Ukraine

Russian bank’s emergency award rebuffed in Ukraine

17 September 2020

The Kiev Court of Appeal has refused to enforce an SCC emergency arbitrator award that restrained Ukraine from forcibly selling the assets of a Russian state-owned development bank.

US targets Clyde & Co award funds

US targets Clyde & Co award funds

17 September 2020

The US Department of Justice is attempting to seize the proceeds of an arbitral award held by Clyde & Co that Malaysian authorities say can be traced to the 1MDB corruption scandal.

Selling the whole package: Singapore law as governing law?

Selling the whole package: Singapore law as governing law?

17 September 2020

A panel at GAR Interactive: Singapore asked if Singapore law could be a credible alternative to English law as a governing law for international commercial contracts – and if that would require incorporating aspects of civil law to attract users from neighbouring countries.

Romanian partner promoted in Paris

Romanian partner promoted in Paris

16 September 2020

French firm Jeantet has promoted a Romanian partner in Paris who specialises in M&A and construction disputes and was recently appointed to her first ICSID panel.

Kinnear re-elected as ICSID secretary general

Kinnear re-elected as ICSID secretary general

16 September 2020

Meg Kinnear has been re-elected to serve a third term as ICSID secretary general following a vote by the centre’s administrative council.

Libya challenges treaty award in US court

Libya challenges treaty award in US court

16 September 2020

Libya has asked a US court to vacate an investment treaty award that requires it to pay more than €83 million to an Austrian investor in six construction projects that were disrupted by the country’s 2011 revolution.

Turkish investor takes Turkmenistan to ICSID

Turkish investor takes Turkmenistan to ICSID

16 September 2020

A Turkish construction company has brought a US$27 million ICSID claim against Turkmenistan over the state's alleged expropriation of several projects.

Italy liable over renewables reforms

Italy liable over renewables reforms

15 September 2020

A majority ICSID tribunal has ordered Italy to pay more than €18 million to subsidiaries of a German solar investor in an Energy Charter Treaty claim over changes to renewables tariffs.

Panels in place to hear Qatar's postal claims

Panels in place to hear Qatar's postal claims

15 September 2020

Four tribunals are in place at the Permanent Court of Arbitration to hear claims by Qatar against its Middle Eastern neighbours over the suspension of postal services as part of their continuing blockade of the country.