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Guaidó seeks to intervene in appeal over Citgo

Venezuela’s self-declared acting president Juan Guaidó has asked a US court for leave to intervene in an appeal concerning the fate of the country’s most valuable US asset, oil refining business Citgo...

Guaidó seeks to intervene in appeal over Citgo assets

Venezuela’s self-declared acting president Juan Guaidó has asked a US court for leave to intervene in an appeal concerning the fate of the country’s most valuable US asset, oil refining business Citgo...

Shifting paradigms in energy arbitration

A conference in Houston organised by the Institute for Transnational Arbitration, Institute for Energy Law and ICC International Court of Arbitration focused on the future of international arbitration...

Lukoil faces SCC claim over Uzbek project

Malaysian engineering group KNM has filed an SCC claim worth US$96 million against a subsidiary of Russia’s Lukoil for unpaid works at gas-condensate fields in Uzbekistan.  Kuala Lumpur-listed KNM disclosed...

Al Jazeera obtains measures over jailed journalist

An ICSID tribunal has recommended that Egypt grant Al Jazeera necessary access to an imprisoned journalist and ensure his humane treatment so that he can testify in an arbitration concerning an alleged...

Spain faces biggest payout yet over solar reforms

Spain potentially faces its largest liability to date in the many arbitrations it is fighting over reforms to its renewable energy sector, after an ICSID tribunal upheld claims by a Florida-based energy...

Spain faces biggest payout to date over solar reforms

Spain potentially faces its largest liability to date in the many arbitrations it is fighting over reforms to its renewable energy sector, after an ICSID tribunal upheld claims by a Florida-based energy...

ICC panel dismisses claim against Burkina Faso

An ICC tribunal has dismissed a US$2.2 billion claim against Burkina Faso over one of the world’s largest manganese mines, also rejecting a counterclaim of similar size and the west African state's allegations...

US lawyer threatens NAFTA claim over securities investigation

A US lawyer has threatened Canada with a NAFTA claim over his treatment by provincial authorities investigating his role in an alleged securities fraud. South Carolina-based attorney Jonathan Levy filed...

Anti-enforcement injunction lifted in Singapore

The Singapore Court of Appeal has lifted an injunction granted to an affiliate of US hotel group Hilton to prevent the enforcement of a Maldivian court judgment that was obtained in breach of an arbitration...

Armenia threatened over mining blockade

A US-based gold developer has threatened to bring a treaty claim against Armenia over an “illegal blockade” of its local mining operation that began in the wake of the country’s 2018 revolution.  Colorado-based...

Ukrainian port authority prepares claim over Crimean assets

A Ukrainian state enterprise that manages the country’s seaports has put out a call for counsel to help it prepare an investment treaty claim against Russia over the expropriation of assets in Crimea....

Conoco wins US$9 billion in Venezuela claim

US oil company ConocoPhillips has been awarded nearly US$9 billion plus interest in an ICSID claim against Venezuela over the expropriation of oil assets in the Orinoco Belt, ending a fraught 12-year proceeding...

Conoco wins US$9 billion ICSID award against Venezuela

US oil company ConocoPhillips has been awarded nearly US$9 billion plus interest in an ICSID claim against Venezuela over the expropriation of oil assets in the Orinoco Belt, ending a fraught 12-year proceeding...

Who is sitting at ICSID?

The past two months have seen 15 panels formed at ICSID, including first-time appointments for Isabelle Coutant-Peyre, Nathalie Voser, Bo Nilsson, Pascal Hollander and Ioannis Vassardanis.   Since GAR’s...

Challenge against Vattenfall arbitrators rejected

UPDATED WITH LINK TO DECISION: Germany has failed to unseat all three members of an ICSID tribunal hearing a €4.7 billion claim claim filed by Swedish investor Vattenfall over the country’s phase-out of...

South African oil company wins ICC award against Congo

A South African oil exploration company has reportedly been awarded US$617 million in an ICC claim against the Democratic Republic of the Congo over the state’s failure to honour two oil contracts. ...

GE wins award in Taiwan nuclear dispute

A subsidiary of General Electric has won US$158 million in an ICC claim against a Taiwanese government-owned utility over two reactors at a nuclear power plant that was scrapped in the wake of the Fukushima...

Italian court allows enforcement against Kazakhstan

An Italian court has permitted Moldovan investors to enforce a US$530 million Energy Charter Treaty award against Kazakhstan despite the state’s allegations that it was obtained by fraud. In a ruling...

Lat Am banking merger leads to ICC award

An ICC tribunal has ordered the majority shareholders in a Colombian bank to buy out their minority partner’s interest – in a dispute arising from a US$2 billion merger transaction spanning Brazil and...

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