Work Area: Investor-state arbitration

Kosovo liable over power plant project

A British power company has reportedly won €20 million in an ICC arbitration against Kosovo over a scrapped power plant – a dispute that also saw a discontinued ICSID proceeding.

10 October 2023

Dominican Republic liable in dispute with Jamaican billionaire

A split UNCITRAL tribunal has found the Dominican Republic liable in a treaty dispute with a Jamaican billionaire over a waste management concession while rejecting the bulk of his claim for US$676 million in damages.

09 October 2023

Electricity investor reports win against Peru

UPDATED WITH AWARD: A Singaporean company linked to an Israeli billionaire has won US$116 million in a third-party funded ICSID claim against Peru over its investments in the state’s electricity sector.

05 October 2023

Yukos investors urge UK court to reject Russia’s immunity defence

The former majority shareholders of Yukos Oil Company have urged a UK court to reject Russia’s sovereign immunity defence to the enforcement of awards worth nearly US$60 billion, arguing the Dutch courts have already decided the underlying issue.

04 October 2023

Volterra Fietta loses appeal over unlawful retainer

The Court of Appeal in London has affirmed that Volterra Fietta cannot recover any fees from a former client for work on a billion-dollar investment treaty arbitration after the law firm’s conditional fee agreement was found to be unenforceable.

04 October 2023

Moldovan investor threatens Spain over snow crabs

A Moldovan investor has notified Spain of a potential investment treaty claim worth at least €31.5 million over the suspension of permits to fish for snow crabs in Arctic waters – an industry that is already the subject of three ICSID claims against Norway.

04 October 2023

Can arbitration solve the problems of the world?

In the latest Roebuck Lecture held by the Chartered Institute of Arbitrators, Kabir Duggal considered the potential of international arbitration to safeguard human rights, mitigate armed conflict and address the threats posed by climate change.

03 October 2023

Peru on the hook for ICC awards in Canada

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 declares win in treaty case over ferroalloys plant

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

Egyptian contractor brings ICSID claim against South Sudan

An Egyptian electrical infrastructure company has filed an ICSID claim against South Sudan under a contract for a construction project.

29 September 2023

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