A New York state court has vacated an injunction that prevented the owner of a Chilean hydropower project from drawing on a US$90 million letter of credit pending an ICC arbitration with Austrian construction group Strabag.
24 November 2023
A Norwegian-owned oil company’s contract-based ICSID claim against Senegal has ended with both sides’ claims dismissed, as the west African state is hit with a treaty claim over a project to construct a port terminal.
21 November 2023
A UK judge has raised serious concerns about the supervision of large arbitrations involving states after finding that an US$11 billion award against Nigeria was procured through false evidence, corrupt payments and improper retention of leaked documents.
23 October 2023
The estate of a deceased British businessman in the construction sector has brought an ICSID claim against Azerbaijan.
17 October 2023
A joint venture between Shell and the Brunei government has filed two claims at the Singapore International Arbitration Centre against a Malaysian engineering contractor undergoing a US$3 billion debt restructuring.
13 October 2023
A Spanish infrastructure company has asked a US court to enforce a €12.5 million ICC award against Gabon over a failed project to upgrade a football stadium for the Africa Cup of Nations.
13 October 2023
A Canadian court has ruled that ICC awards worth US$190 million rendered against a Peruvian ministry and one of its entities are also enforceable against Peru as they have no separate legal identity.
03 October 2023
Kyrgyzstan says it has defeated a US$50 million investment treaty claim brought by a Kazakh state-owned entity over construction of a ferroalloys plant.
29 September 2023
An Egyptian electrical infrastructure company has filed an ICSID claim against South Sudan under a contract for a construction project.
29 September 2023
An Italian court has ruled it has no power to enforce the surviving parts of an ICC award relating to a Malaysian steel plant after it was partially set aside at the seat of the arbitration in Singapore.
22 September 2023
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