Work Area: Commercial arbitration
Ukrainian lawyers charged with fraud in Switzerland
Three partners at Ukrainian firm Eterna Law have been charged with fraud in Switzerland after a former arbitration client accused them of forging a legal services agreement.
02 December 2022
Uniper brings claim against Gazprom
Germany’s Uniper says it has initiated a Stockholm arbitration against Gazprom, claiming damages of at least €11.6 billion for the curtailment of gas supplies in the wake of Russia’s war in Ukraine.
30 November 2022
Jay-Z and Bacardi go to ICDR over cognac venture
An ICDR panel chaired by Foley Hoag partner Daniel Schimmel is hearing a US$2 billion dispute between Jay-Z and Bacardi over a cognac business, it has emerged.
30 November 2022
Arbitration clauses held inoperative under Canadian insolvency law
Canada’s insolvency legislation empowers courts to declare arbitration clauses inoperative if enforcing them would compromise a receivership and hurt creditors, the country's Supreme Court has ruled.
29 November 2022
Stockholm panel decides Uzbek gas dispute
A Stockholm Chamber of Commerce arbitration relating to a gas project in Uzbekistan that saw claims and counterclaims totalling around US$350 million has ended with an award worth less than US$2 million in favour of a subsidiary of Russia’s Lukoil.
28 November 2022
Canadian bank brings ICSID claim against Peru
A Canadian bank has brought an ICSID claim against Peru over a nearly 15-year long tax dispute, as a contractor turns to new counsel to challenge an award in a separate dispute with the Andean state.
25 November 2022
Shell sees off award challenge in Nigerian loan dispute
A London court has upheld a pair of awards against a Nigerian oil and gas producer in an ICC dispute over loans worth US$2 billion, ruling that a Shell subsidiary had not waived its unilateral option to bring an arbitration.
23 November 2022
"The usual suspects": survey looks at arbitrator selection
Cortex Capital, a consultancy that applies psychology and neuroscience to business and law, is inviting arbitration users to take part in a survey about their decision-making when selecting arbitrators.
23 November 2022
Nuclear technology spat heads to Korean centre
A dispute between a Korean state utility and its former US partner over rights to nuclear reactor technology is headed to arbitration in Seoul, as the parties compete for lucrative projects in Europe and the Middle East.
18 November 2022
Gazprom sheds light on dispute with Finnish gas buyer
Gazprom has provided more details about an award issued in an arbitration with a Finnish state-owned gas importer, saying the tribunal ruled the Russian company is owed over €300 million and was entitled to cut off supplies owing to force majeure.
17 November 2022