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Swiss chambers adds three new faces

Swiss chambers adds three new faces

01 July 2020

The Swiss Chambers’ Arbitration Institution, or SCAI, has announced three new members of its Arbitration Court as well as making two appointments to its special committee.

Libya held liable over civil war disruption

Libya held liable over civil war disruption

01 July 2020

An ICSID tribunal has ordered Libya to pay €74 million in damages to an Austrian construction company over infrastructure projects that were disrupted by the country's civil war.

Funder in place for mining claim against Poland

Funder in place for mining claim against Poland

30 June 2020

An Australian mining company says it has secured third-party funding for an imminent investment treaty claim against Poland over the obstruction of two coal projects.

ICC panel rules in Turkmen-Iranian gas dispute

ICC panel rules in Turkmen-Iranian gas dispute

30 June 2020

Turkmenistan’s national gas company Turkmengaz has reportedly been awarded around US$2 billion in an ICC claim concerning payments for the supply of natural gas to Iran.

HKIAC adds to proceedings and appointments committees

HKIAC adds to proceedings and appointments committees

30 June 2020

The HKIAC has added new members to its proceedings and appointments committees, which make key decisions on cases, meaning the two committees now have members of 13 nationalities based in nine jurisdictions.

Hong Kong remains a neutral place to arbitrate, says HKIAC

Hong Kong remains a neutral place to arbitrate, says HKIAC

30 June 2020

The Hong Kong International Arbitration Centre has said that Hong Kong remains a neutral place to arbitrate in the wake of pro-democracy protests and suggestions that China is tightening its grip on the territory.

China faces claim from Japanese trading house

China faces claim from Japanese trading house

30 June 2020

A Japanese construction materials trader has launched an ICSID claim against China over a real estate project – in what is thought to be the first treaty claim brought by a Japanese investor against the state.

Spain fails to unseat Spigelman in solar case

Spain fails to unseat Spigelman in solar case

29 June 2020

Spain has failed to disqualify Australian James Spigelman QC from hearing an ICSID claim brought by a Belgian solar investor on the ground that he had “prejudged” the case through his participation in a previous case relating to the state’s renewable energy reforms.

Fuel cell maker takes Korean partner to ICC

Fuel cell maker takes Korean partner to ICC

29 June 2020

A US fuel cell manufacturer has launched a US$200 million ICC claim against South Korea’s largest private energy producer for alleged breaches of technology licences – and says it has a third-party funder lined up to finance the case.

Iraq faces billion-dollar claim over cement plant

Iraq faces billion-dollar claim over cement plant

29 June 2020

A German company has filed a US$1 billion ICSID claim against Iraq over the alleged expropriation of its cement production business.