Work Area: Enforcement and set-aside

Centerra settles Kyrgyz gold mine dispute

Canadian miner Centerra Gold has completed a transaction with Kyrgyzstan to resolve their dispute over the seizure of one of the largest gold mines in central Asia – despite a last-minute effort by Burford Capital and others to halt the settlement.

15 August 2022

Vape distributor breathes easy after ICDR award

A US seller of vaping devices has asked a US district court to enforce an ICDR award that held its former partner liable for breaching an exclusive global distribution agreement.

11 August 2022

Brazilian pulp award survives hacking allegations

A Brazilian court has upheld an ICC award in an acrimonious dispute over the multibillion-dollar sale of a pulp producer, dismissing allegations the procedure was tainted by a cyberattack and a conflict of interests and awarding US$114 million in legal fees to the winning side.

04 August 2022

Perenco secures freeze on Ecuador accounts in Luxembourg

Bahamian oil company Perenco has frozen Luxembourg bank accounts used by Ecuador to make coupon payments associated with sovereign bonds, with the ICSID award holder claiming this raises the possibility of the state defaulting to creditors.

01 August 2022

Apple settles with headphones maker

Apple has ended its bid to enforce an ICC award that held a US headphones maker liable for breach of confidentiality after agreeing to settle the dispute.

01 August 2022

SIAC award survives coercion allegations

A mining executive and his son who alleged they were coerced at knifepoint into settling a joint venture dispute while suffering from mental illness have lost their challenge to a US$12 million SIAC award in Singapore.

29 July 2022

Bottlemakers resubmit claim against Venezuela

Two bottlemaking companies that saw their billion-dollar ICSID claim against Venezuela thrown out four years ago have refiled the case – as the state fails to annul a coffee investor’s US$42 million award in a separate dispute.

28 July 2022

“Side-switching” challenge rejected on appeal

A Spanish contractor has failed in a renewed bid to overturn a US$40 million ICC award over a Peruvian refinery on the basis that two members of its counsel team joined the opposing side’s law firm while the arbitration was pending – as a separate dispute over a US$1 billion project in Algeria gets underway.

27 July 2022

Moser award set aside over “flexible approach” to damages

Singapore’s Court of Appeal has partially set aside a €62 million ICC award over a Malaysian steel plant after finding that a tribunal chaired by Michael Moser breached due process by adopting a “flexible approach” to proof of damage.

26 July 2022

Award creditor targets Haiti assets held by US airline

A fuel importer that won a US$23 million award of security against Haiti last year has sought to attach state assets held by American Airlines until the arbitration is concluded.

25 July 2022

Unlock unlimited access to all Global Arbitration Review content