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Venezuela wins appeal in dual nationals case

The French Court of Cassation has overturned a decision to partially annul an investment treaty award in favour of two dual nationals against Venezuela, following a complaint by the state that the award...

Dual nationals' award reinstated after appeal by Venezuela

The French Court of Cassation has reinstated an investment treaty award in favour of two dual nationals against Venezuela that had been partially annulled, following a complaint by the state that it ought...

Coal miner threatens treaty claim against Poland

An Australian mining company has warned that it may bring an Energy Charter Treaty claim against Poland, saying that state authorities have unfairly obstructed the development of two coal-mining projects....

ICSID panel declines to revisit intra-EU award

Hungary has failed to persuade an ICSID tribunal to revise a €23 million award issued more than two years ago in favour of French voucher services company Edenred to take account of the Achmea decision...

Do we need a permanent investment court?

Nassib G Ziadé, chief executive officer of the Bahrain Chamber for Dispute Resolution (BCDR-AAA), used a speech in Manama to question whether proposals to establish a permanent court to hear investment...

Post-M&A dispute heads to Swiss chambers

Swiss energy company Alpiq has brought an arbitration in Switzerland against France’s Bouygues Construction to resolve a purchase price adjustment dispute following the €750 million sale of its engineering...

France-Spain rail saga resumes before four-man panel

A €300 million arbitration over a high-speed rail link between France and Spain is set to resume before a four-member tribunal, after the claimant lost a challenge to an award that had barred it from discontinuing...

France-Spain rail saga resumes before four-man panel

A €300 million arbitration over a high-speed rail link between France and Spain is set to resume before a four-member tribunal, after the claimant lost a challenge to an award that had barred it from discontinuing...

PCA panel in place for Colombia bank claim

UK arbitrator John Beechey has been appointed to chair a US$330 million treaty case brought against Colombia at the Permanent Court of Arbitration by the former owners of a nationalised bank, as a related...

Pakistan tries to reopen corruption defence

Pakistan has asked an ICSID tribunal to revise an US$800 million award in favour of a Turkish energy company in light of what the state says is new evidence to support its arguments that the underlying...

Albania defeats claim over privatisation vouchers

UPDATED WITH LINK TO AWARD: An ICSID tribunal has declined jurisdiction over a claim concerning Albania’s alleged failure to honour vouchers issued during a privatisation programme in the 1990s. In...

Uzbekistan wins stay of funder’s enforcement bid

A US court has agreed to stay an action brought by an affiliate of third-party funder Calunius Capital to enforce a US$13 million treaty award against Uzbekistan until the conclusion of set-aside proceedings...

Deripaska loses LCIA award challenge after “dishonest evidence”

The Commercial Court in London has upheld a US$95 million LCIA award against Russian oligarch Oleg Deripaska after concluding that he provided “dishonest evidence” and offered a large sum of money to a...

Huawei threatens claim against Czech Republic

Embattled Chinese telecoms company Huawei has reportedly threatened the Czech Republic with international arbitration after a state agency warned that its technology poses a threat to cybersecurity. ...

PCA hears claim by Dubai investor in Czech real estate

A Dubai investor’s US$20 million treaty claim against the Czech Republic is underway at the Permanent Court of Arbitration in The Hague, with the UK’s Sir Christopher Greenwood QC presiding over the tribunal....

Disclosure of judges’ records denied in Panama corruption claim

Two ICSID claimants who allege they were victims of judicial corruption in Panama have failed in a bid to compel the state to produce bank statements of justices at its Supreme Court and records of their...

Enforcement of Crimea award upheld in Ukraine

The Ukrainian Supreme Court has enforced an investment treaty award that requires Russia to pay US$159 million to Ukrainian investors in Crimea – while limiting the scope of attachments previously granted...

Malintoppi resigns after challenge over husband’s counsel work

Italian arbitrator Loretta Malintoppi has resigned as chair of an ICSID tribunal hearing a claim against Colombia after being challenged over her husband’s counsel work for the state in a separate dispute....

Egyptian brothers held liable for Eurobond default

Two Egyptian brothers have asked a US court to set aside an ICDR award that held them personally liable to pay US$194 million after their companies defaulted on Eurobonds bought by UBS and several other...

Chinese nationals pursue former boss over solar IPO

Three Chinese former employees of a Cayman-registered solar energy company have applied to a US court to enforce a US$13 million HKIAC award that found they were unfairly deprived of the benefits of an...

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