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Kazakhstan held liable under Soviet treaty

Kazakhstan held liable under Soviet treaty

01 November 2019

An UNCITRAL tribunal has ordered Kazakhstan to pay more than US$50 million to a Canadian uranium mining company and its CEO for violating an investment treaty signed by the former Soviet Union – at the same time dismissing the bulk of the claim valued at more than US$2 billion.

Panel dissolves Chinese-Costa Rican refinery project

Panel dissolves Chinese-Costa Rican refinery project

01 November 2019

UPDATED WITH AWARD: An ICC tribunal has granted a Costa Rican state entity’s request to dissolve its joint venture with a Chinese counterpart in a politically sensitive dispute over a cancelled US$1.5 billion project to upgrade an oil refinery – while related criminal proceedings continue.

Kim & Chang hires partner from Yulchon

Kim & Chang hires partner from Yulchon

01 November 2019

Sae Youn Kim has left Seoul-based firm Yulchon, whose international arbitration practice she co-founded a decade ago, to join Kim & Chang as partner.

Argentine panellist survives challenge over alleged lack of candour

Argentine panellist survives challenge over alleged lack of candour

31 October 2019

Uría Menéndez partner Gabriel Bottini has survived an attempt to disqualify him from an ICSID annulment committee on the ground that he was not candid about the extent of his counsel work for the Argentine government when challenged in a prior ICSID case seven years ago.

Former ICC deputy counsel joins UK firm

Former ICC deputy counsel joins UK firm

31 October 2019

Noor Kadhim, a former deputy counsel at the ICC International Court of Arbitration, has joined UK firm Gardner Leader to set up a new office in London.

Who is sitting at ICSID?

Who is sitting at ICSID?

31 October 2019

Thirteen new panels have been constituted at ICSID in the past month, with first time appointments for New York-based White & Case partner Paul Friedland and for Mexican-American academic Sergio Puig.

PCA hears claim against Moldovan road authority

PCA hears claim against Moldovan road authority

31 October 2019

A tribunal at the Permanent Court of Arbitration is hearing a Romanian construction company’s claim against Moldova’s road authority over a cancelled highway rehabilitation contract.

Curtis hires from Freshfields in Dubai

Curtis hires from Freshfields in Dubai

30 October 2019

Antonia Birt, who was part of the Freshfields Bruckhaus Deringer team that helped a consortium settle a US$39 billion dispute with the Kurdistan regional government of Iraq, has joined Curtis Mallet-Prevost Colt & Mosle as a partner in Dubai.

Mozambique fails in “extra-EU BIT” objection

Mozambique fails in “extra-EU BIT” objection

30 October 2019

An ICSID tribunal has rejected an Italian roadbuilder’s claim against Mozambique after dismissing the state’s objection that the Achmea decision precluded it from hearing a dispute under a bilateral investment treaty between an EU member state and a third country.

Greece pays out in dispute with Olympics contractor

Greece pays out in dispute with Olympics contractor

30 October 2019

Greece has paid €53 million to a US defence contractor to satisfy an ICC award over a security system commissioned for the 2004 Olympic Games after failing to have the result set aside on grounds of corruption.