A Singapore court has placed the developer of a large power plant project in Vietnam in judicial management, refusing to grant a stay on the grounds that a disputed debt should be referred to SIAC arbitration.
25 May 2023
A US mining company has filed a fresh NAFTA claim against Canada over the phase out of coal in the province of Alberta, after its affiliate's US$340 million claim was rejected on jurisdictional grounds last year.
12 May 2023
An ICSID-administered tribunal is hearing a NAFTA legacy claim against Mexico brought by a US agribusiness investor and JP Morgan, who allege the state’s courts prevented them from foreclosing on mortgages in relation to a sugar mill business.
10 May 2023
An Indian low-cost airline has asked a Delaware court for the expedited confirmation of two emergency SIAC awards ordering a US manufacturer to supply spare engines, saying that without them it has been forced to file for bankruptcy.
03 May 2023
UPDATED: A group of Mexican investors have lost their €700 million treaty claim against Spain over the rescue of a bank six years ago.
15 March 2023
Brussels-based banking group KBC says its subsidiary has been ordered to pay US$167 million to a Czech investor in a dispute over the collapse of a major bank – 16 years after the arbitration was first filed.
22 February 2023
Canada’s insolvency legislation empowers courts to declare arbitration clauses inoperative if enforcing them would compromise a receivership and hurt creditors, the country's Supreme Court has ruled.
29 November 2022
A Stockholm Chamber of Commerce arbitration relating to a gas project in Uzbekistan that saw claims and counterclaims totalling around US$350 million has ended with an award worth less than US$2 million in favour of a subsidiary of Russia’s Lukoil.
28 November 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
Saudia Arabia is facing an ICSID claim by a Hong Kong investor in a now-liquidated telecoms consortium that had its operating licence cancelled by the state.
27 July 2022
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