Work Area: Commercial arbitration
SIAC to hear Indian fintech feud
An Indian fintech company has filed a SIAC claim to recover shares owned by one of its founders who it has accused of fraud and embezzlement.
12 December 2022
Swiss bankers liable in dynastic dispute
Former partners at Geneva’s oldest private bank breached good faith obligations by failing to inform two descendants of its founder of their dynastic right to join the partnership, an arbitral tribunal chaired by Hamid Gharavi has ruled.
09 December 2022
ICC to hear claims over Congo lithium venture
An Australian mining company is bringing a pair of ICC arbitrations against its former joint venture partner in a battle for ownership of a major lithium project in the Democratic Republic of the Congo – months after a Chinese multinational brought a claim over the same project.
09 December 2022
Gazprom faces second German gas supply claim
RWE has reportedly launched arbitration against Gazprom over halted gas supplies – a week after another German energy company Uniper brought a multibillion-euro claim against the Russian state entity.
05 December 2022
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