Work Area: Enforcement and set-aside

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

Perenco takes Ecuador award to UK and Singapore

Bahamian oil company Perenco says it has registered its US$412 million ICSID award against Ecuador in the courts of Singapore and the UK, as the Latin American state challenges an unrelated award in favour of a Singaporean oil company.

26 August 2022

Steinmetz group tries to revive claim against Guinea

A mining group founded by Israeli businessman Beny Steinmetz that saw its US$5 billion ICSID claim against Guinea thrown out because of “overwhelming evidence” of corruption has applied to annul the award.

25 August 2022

Criminal conviction raises stakes in airline catering dispute

A Korean executive’s conviction last week on criminal charges relating to an airline catering contract is expected to be raised in a pending Singapore challenge to a US$1.78 billion ICC award.

23 August 2022

"Fifteen years is long enough”: US court enforces Conoco award

A US court has granted ConocoPhillips’ bid to enforce a US$9 billion ICSID award against Venezuela over three oil projects that were expropriated in 2007, finding there is no reason to think the state is likely to succeed in having it annulled.

22 August 2022

German wind investor takes Spain award to US court

German conglomerate BayWa has asked a US court to enforce €22 million Energy Charter Treaty award against Spain compensating it for measures affecting its wind power investments.

18 August 2022

Hong Kong award surfaces in tech investment dispute

A Chinese asset management group has asked a US court to enforce a US$145 million HKIAC award against the co-founder of a mobile internet services company in which it invested.

17 August 2022

Ghana university beats bid to enforce expert decision

A US court has refused to enforce an expert determination worth US$165 million against the University of Ghana while ducking the question of whether it qualifies as a foreign arbitration award.

17 August 2022

German court allows enforcement against Libya

A German court has ruled that an Austrian construction company can partially enforce an €84 million investment treaty award against Libya, rejecting arguments it violated public order.

16 August 2022

Unlock unlimited access to all Global Arbitration Review content