Feed aggregator

Treaty claim over telecoms fails at ICC

An ICC tribunal has dismissed a US$475 million treaty claim against Poland brought by entities linked to one of its wealthiest nationals over measures relating to the allocation of mobile internet spectrum....

Panel of five decides Angolan telecoms case

A subsidiary of Brazilian telecoms group Oi has been awarded US$650 million in an ICC case against its fellow shareholders in Angolan mobile carrier Unitel – a dispute that was heard by a five-member arbitral...

Injunction upheld in Armani fashion dispute

The Hong Kong Court of First instance has upheld an anti-suit injunction obtained by Italian fashion designer Giorgio Armani’s business in aid of an UNCITRAL claim against a Chinese retailer.   In a...

Mining company seeks to enforce against Bolivia

A subsidiary of Canada’s TriMetals Mining has asked a US court to enforce an US$18.7 million investment treaty award that held Bolivia liable for nationalising a silver mining project targeted by protests...

Treaty award against Ukraine enforced in Russia

A Russian oil and gas producer has won permission to enforce a US$112 million investment treaty award against Ukrainian state assets in Russia. The Arbitrazh Court for the Stavropol Region delivered...

Russia liable for seizure of Naftogaz assets in Crimea

Ukrainian state-owned energy company Naftogaz says it has prevailed on liability in an investment treaty claim against Russia concerning the seizure of assets in Crimea – with a US$5 billion damages claim...

Louis Dreyfus owners settle family feud

Swiss billionaire Margarita Louis-Dreyfus has settled an ICC dispute with members of her family over a buyout of their interests in one of the world’s largest traders in agricultural commodities. On...

Louis-Dreyfus family settle billion-dollar feud

Swiss billionaire Margarita Louis-Dreyfus has settled an ICC dispute with members of her family over a buyout of their interests in one of the world’s largest traders in agricultural commodities. On...

Iraqi ex-minister too late to challenge treaty award

A former Iraqi government minister has been denied permission to pursue a belated challenge to an investment treaty award in favour of Pakistan in the English courts – as it emerges that a parallel set-aside...

Malaysian oil company wins set-aside in Mumbai

The Bombay High Court has set aside a US$113 million award obtained by an Indian state-owned company against its Malaysian partner in an eight-year arbitration over a failed venture to develop an offshore...

Oil companies fight Oxy for share of ICSID award

Houston-based Occidental Petroleum has failed in a bid to restrain Canadian oil and gas company Encana from pursuing claims against it in an ICDR-administered arbitration over rights to the proceeds of...

Oil companies fight Oxy for share of ICSID award

Houston-based Occidental Petroleum has failed in a bid to restrain Canadian oil and gas company Encana from pursuing claims against it in an ICDR-administered arbitration over rights to the proceeds of...

Annulment of investment treaty awards

A London seminar organised by the BIICL Investment Treaty Forum and Baker Botts considered the annulment of investment treaty awards, with a particular focus on intra-EU arbitration in the wake of Achmea....

Mexico faces claims from oil and hotel investors

A NAFTA tribunal has begun hearing a US$700 million claim against Mexico brought by a group of US investors in an oil services business, as the state faces two other treaty disputes worth a combined US$95...

Venezuela’s rival governments clash in US court

A US court hearing Venezuela’s appeal against the enforcement of a US$1.4 billion investment treaty award has agreed to stay the proceedings at the request of lawyers representing Juan Guaidó, the opposition...

Guinea settles mining bribery case

BSG Resources, the Guernsey mining company founded by Israeli billionaire Beny Steinmetz, has reportedly agreed a settlement with Guinea to end a US$5 billion ICSID claim over iron ore mining rights that...

Guinea settles multibillion mining dispute

BSG Resources, the Guernsey mining company linked to Israeli billionaire Beny Steinmetz, has reportedly agreed a settlement with Guinea to end a US$5 billion ICSID claim over iron ore mining rights that...

Quarry investors denied lost profits in NAFTA claim

A NAFTA tribunal has dismissed the bulk of a US$443 million damages claim against Canada brought by a group of US investors whose bid to build a controversial quarry and marine terminal in the province...

Swedish court upholds intra-EU BIT award

The Svea Court of Appeal has largely upheld a pair of SCC awards worth €176 million in favour of a Luxembourgish entity against Poland, ruling that the state had left it too late to raise objections based...

Austrian businessman takes on Tajikistan

UPDATED: An Austrian cotton investor has filed a claim against Tajikistan at ICSID after a state-owned bank refused to comply with a US$20 million commercial arbitration award. Alois Schönberger’s claim...

Syndicate content