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DP World seeks to enforce against Djibouti

DP World seeks to enforce against Djibouti

15 September 2020

A subsidiary of Emirati logistics group DP World has applied to a US court to enforce LCIA awards totalling more than US$485 million against the east African state of Djibouti arising from a bitter dispute over a strategic port facility on the Red Sea.

New Amsterdam boutique expands

New Amsterdam boutique expands

15 September 2020

Ysquare, a Dutch disputes boutique that launched last year, has grown its arbitration team to five – hiring Bregje Korthals Altes from the partnership at De Brauw Blackstone Westbroek.

UK may face arbitration over Brexit law

UK may face arbitration over Brexit law

15 September 2020

The European Commission has warned the UK that it may face arbitration if it adopts legislation overriding the agreement governing the country's exit from the EU.

Third-party funders launch global alliance

Third-party funders launch global alliance

14 September 2020

Six leading third-party funders have founded the first ever global association of litigation and arbitration finance providers.

Chinese court upholds “SIAC in Shanghai” clause

Chinese court upholds “SIAC in Shanghai” clause

14 September 2020

A Shanghai court has upheld the validity of a clause providing for SIAC arbitration “in Shanghai” – confirming that foreign arbitral institutions are not prohibited from conducting arbitrations on the mainland.

Latvian farming investor threatens Ukraine

Latvian farming investor threatens Ukraine

14 September 2020

A Latvian investor in an agricultural project has threatened Ukraine with a US$35 million treaty claim – over allegations its joint venture partner unilaterally replaced board members and took control.

London firm hires from Mishcon

London firm hires from Mishcon

14 September 2020

Ben Giaretta has left Mishcon de Reya to take up the role as co-head of international arbitration at another London-based firm, Fox Williams.

Novartis sees off ICC claim over pain relief drug

Novartis sees off ICC claim over pain relief drug

11 September 2020

A US subsidiary of Swiss pharmaceuticals group Novartis has defeated a US$82 million ICC claim brought by a former Japanese partner over its decision to discontinue development of a pain relief drug.

Kim & Chang hires trio from local rivals

Kim & Chang hires trio from local rivals

11 September 2020

Kim & Chang has recruited three new partners to its international arbitration team from South Korean rivals Yulchon and Bae Kim & Lee.

An update on UNCITRAL's work on expedited rules and ISDS reform

An update on UNCITRAL's work on expedited rules and ISDS reform

11 September 2020

The 2020 Virtual ITA-ASIL Conference took the form of an interview with UNCITRAL legal officer Corinne Montineri about the progress of Working Groups II and III in developing expedited arbitration rules and reforms to investor-state dispute settlement. Lucy Winnington-Ingram of Reed Smith in London reports.