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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
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 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
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
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
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
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
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
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
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
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