A Russian court has refused to suspend a billion-euro lawsuit in favour of HKIAC arbitration – finding there was reason to doubt the sanctioned defendant would be guaranteed a fair trial at the Hong Kong centre.
05 July 2023
A Swedish construction group says it has won an SCC award worth US$129 million in a dispute with a subsidiary of France’s Unibail-Rodamco-Westfield over one of Scandinavia’s largest shopping malls.
04 July 2023
A group of cinema investors have asked a US court to sanction a Chinese billionaire and his counsel – accusing the law firm of enabling their client to destroy evidence and evade enforcement of a US$450 million CIETAC award.
29 June 2023
Indian multinational Vedanta has settled a US$330 million ad hoc arbitration with Baker Hughes over an oilfield project that was disrupted by covid-19.
28 June 2023
The UK beverage company that produces Guinness, Smirnoff and Johnnie Walker has asked a New York court to compel ICC arbitration of a lawsuit filed by US rapper Diddy – who has accused the company of racism in failing to develop his tequila brand.
28 June 2023
A California pharmaceuticals company has applied to courts in Hong Kong and the Cayman Islands to enforce a US$23 million ICC award relating to a collaboration to develop cancer-fighting antibodies.
27 June 2023
A Canadian energy company has brought a NAFTA legacy claim against Mexico after an employment tribunal ordered it to pay US$120 million to a former employee.
27 June 2023
Two founders of a cryptocurrency start-up are facing an LCIA claim from their former employer over alleged theft of trade secrets.
26 June 2023
The US Supreme Court has ruled that a lawsuit brought by customers of cryptocurrency exchange Coinbase should be automatically stayed while the company appeals a ruling rejecting its bid to compel arbitration – a move dissenting justices said would open a “Pandora’s box” for parties seeking to frustrate litigation.
26 June 2023
The US Supreme Court has ruled that a Russian businessman can use the country’s anti-racketeering law, RICO, to enforce an LCIA award – creating a new avenue for foreign arbitral creditors targeting US assets.
23 June 2023
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