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Burford announces governance overhaul

Burford announces governance overhaul

16 August 2019

Embattled disputes funder Burford Capital is replacing its chairman and chief financial officer as it bows to investor pressure following an attack on its governance and accounting practices that led its share value to fall by 65% last week.

Sierra Leone faces first ICSID claim

Sierra Leone faces first ICSID claim

16 August 2019

A subsidiary of a London-headquartered commodity trader has warned it will pursue ICSID and ICC claims against Sierra Leone after the government banned exports from its iron ore mine.

UK court adjourns bid to enforce Nigerian airport award

UK court adjourns bid to enforce Nigerian airport award

15 August 2019

The High Court in London has adjourned a Nigerian property developer’s application to enforce an award worth over US$120 million against the west African state’s airports authority, pending the outcome of related litigation in the Nigerian courts.

GAR Live Singapore Lookback: to split or not to split?

GAR Live Singapore Lookback: to split or not to split?

15 August 2019

Session three of last year’s GAR Live Singapore considered bifurcation from every angle, seeking to answer the question “to split, or not to split?”. In the run up to this year’s GAR Live Singapore, we look back at that debate.

What next for Asia Pacific?

What next for Asia Pacific?

15 August 2019

On the eve of the signing of the Singapore Mediation Convention, an IBA event in the city-state considered the shift in global and economic power to the Asia-Pacific region and its implications for arbitral practice. Anand Shankar Tiwari and Wong Yan Yee of WongPartnership report

Canadian government hires from funder

Canadian government hires from funder

15 August 2019

Alexandra Dosman has left her position at third-party funder Vannin Capital to join Canada’s Trade Law Bureau as counsel in Ottawa.

ICSID settlement triggers Argentine criminal investigation

ICSID settlement triggers Argentine criminal investigation

15 August 2019

As Argentina’s centre-right president Mauricio Macri suffers a shock defeat in a primary vote, a prosecutor in the country has opened a criminal investigation into the settlement of an ICSID case that is alleged to have financially benefited the president’s family.

US court sides with GE in Nigerian LNG plant dispute

US court sides with GE in Nigerian LNG plant dispute

14 August 2019

A US court has dismissed an action brought by a Luxembourg company to compel arbitration of a US$500 million dispute with two subsidiaries of GE relating to an LNG project in Nigeria because the respondents are already participating in the arbitral proceedings to contest jurisdiction.

Kyrgyzstan fights treaty claim over tax measures

Kyrgyzstan fights treaty claim over tax measures

14 August 2019

UK arbitrator John Beechey is chairing a treaty case at the Permanent Court of Arbitration brought against Kyrgyzstan by a Netherlands-based telecoms multinational over taxation measures, it has emerged – while the state may soon face a separate claim from an imprisoned Russian businessman.

Quinn Emanuel hires from Shearman

Quinn Emanuel hires from Shearman

14 August 2019

Mark McNeill, head of Shearman & Sterling's international arbitration team in London, is leaving the firm to join Quinn Emanuel Urquhart & Sullivan in New York.