Work Area: Commercial arbitration
BVI non-signatories seek to escape Google claim
Two British Virgin Islands companies have asked a US court to overturn an ICDR award that found they are bound by an arbitration agreement in a US$146 million dispute with Google’s Asian arm over unpaid advertising fees.
08 September 2022
Erdogan associate faces claim over pipeline project
A wealthy businessman who is said to be a close confidant of Turkey’s President Recep Tayyip Erdoğan is facing an ICC claim over an abandoned multibillion-dollar pipeline project to transport gas from Iran to Europe.
07 September 2022
Nigeria settles multibillion steel dispute after ICC mediation
Nigeria has agreed to pay US$496 million to a company owned by India’s Mittal family to settle a 14-year dispute potentially worth billions over a contract to upgrade the country’s steel plants.
05 September 2022
Mining magnate complains of “chilling effect” on ICSID claim
A mining magnate that saw his US$21 billion arbitral claim against Western Australia halted by emergency state legislation has brought a fresh challenge against the “draconian” measures, arguing they also effectively prevent him from bringing an investment treaty claim.
05 September 2022
Chinese tech company wins partial annulment in software dispute
UPDATED WITH LINK TO AWARD: A subsidiary of the creator of Chinese social media website Weibo has persuaded a Dutch court to partially annul a US$116 million award concerning alleged misuse of location-based services software, a dispute that has spawned enforcement proceedings in Hong Kong and the British Virgin Islands.
01 September 2022
Shell and Gazprom chased over LNG storage award
The operator of an LNG storage facility in Mexico has asked a US court for leave to subpoena affiliates of Shell and Gazprom in aid of efforts to enforce a now-public ICC award worth more than US$600 million.
31 August 2022
Indian court annuls billion-dollar award for “fraud”
The Delhi High Court has set aside a US$1.3 billion ICC award against an Indian state-owned entity after finding it suffered from “patent illegalities and fraud” – as a related treaty claim continues.
30 August 2022
Nigerian national oil company settles multibillion-dollar disputes
The Nigerian National Petroleum Corporation has settled long-running disputes with several international oil companies that led to hefty awards against the state-owned entity.
23 August 2022
Indian creditor pursues Rwandan state entity
An Indian engineering company has asked a Paris court to enforce a US$32 million award against a Rwandan state-owned entity over a power transmission project, as related civil and criminal proceedings play out in Kigali.
19 August 2022
Carlsberg wins South Asian joint venture dispute
A SIAC tribunal chaired by Jan Paulsson has ruled in favour of Carlsberg in a US$1.5 billion dispute relating to its businesses in Nepal and India, giving the Danish brewer the right to buy its partner out of a joint venture.
18 August 2022