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First virtual Vis East reaches an end

First virtual Vis East reaches an end

30 March 2020

The first virtual Vis East Moot has reached an end, with a team from the Chinese University of Hong Kong defeating a team from University of São Paulo in a final conducted on Microsoft Teams because of the need to avoid a physical gathering during the coronavirus pandemic.

Australian energy companies settle Senegal oilfield dispute

Australian energy companies settle Senegal oilfield dispute

30 March 2020

Australia's Woodside Petroleum and FAR have settled an ICC arbitration over a stake in a US$4.2 billion oil project in Senegalese waters, after the tribunal issued an award in favour of Woodside last month.

UK court blocks funding of ICSID claim

UK court blocks funding of ICSID claim

27 March 2020

The High Court in London has blocked a UK company from funding a US$6 billion ICSID claim against Turkey, finding there was a “seriously arguable” case that the document that provides the jurisdictional basis for the arbitration had been forged.

Jones calls for sharing of virtual hearing knowhow

Jones calls for sharing of virtual hearing knowhow

27 March 2020

Australian arbitrator Doug Jones has told GAR that arbitral institutions around the world should share technology and knowhow to facilitate the holding of virtual arbitration hearings made necessary by the covid-19 coronavirus pandemic.

Halliburton defeats discovery bid in aid of DIS claim

Halliburton defeats discovery bid in aid of DIS claim

27 March 2020

A Delaware court has quashed a discovery order against oil services company Halliburton granted in aid of a pending case at the German Arbitration Institute, or DIS – adding to the split in US case law on whether parties can obtain discovery in aid of commercial arbitration.

Virtual hearings – the new normal

Virtual hearings – the new normal

27 March 2020

The coronavirus pandemic is requiring the arbitration community to adapt rapidly to a reality that will be with us for the medium or long term – with virtual hearings as the new normal. Canadian arbitrator Janet Walker considers whether it can rise to the challenge.

Hungary challenges intra-EU farming award

Hungary challenges intra-EU farming award

26 March 2020

Hungary has applied to annul a €7 million intra-EU investment treaty award issued by an ICSID panel in favour of a UK farming company – which has recently launched enforcement proceedings in the US.

Banking claim proceeds against Croatia

Banking claim proceeds against Croatia

26 March 2020

An ICSID tribunal has allowed a claim brought against Croatia by an Austrian bank over a currency conversion law to proceed, after ruling on jurisdiction and admissibility.

Spain solar investors join enforcement queue in US

Spain solar investors join enforcement queue in US

26 March 2020

A group of UK investors in the thermosolar power sector have become the latest of Spain’s arbitral creditors to apply for enforcement in the US courts – making their award public for the first time.

Jones Day hires from K&L Gates in Hong Kong

Jones Day hires from K&L Gates in Hong Kong

26 March 2020

Samuel Ngo, who helped the Democratic Republic of the Congo resist enforcement in the well-known FG Hemisphere case, has left K&L Gates to join Jones Day as a partner in Hong Kong.