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Who is sitting at ICSID?

The past few months have seen 21 panels formed at ICSID, with first-time appointments for Lord Mance, Sabine Konrad, Baiju Vasani and five others.   Since GAR’s last roundup in October, tribunals have...

Billion-dollar private equity dispute settles at SIAC

The cast list has come to light for a US$1.3 billion SIAC dispute between an Indian airport infrastructure company and its private equity backers, following the settlement of the case last year.  A...

Rosneft subsidiary targeted in Texas

A Texan oil company backed by a third-party funder has asked the US courts to enforce a Stockholm Chamber of Commerce award worth more than US$200 million against a subsidiary of Rosneft that was found...

Agent loses DIAC claim against Malaysian group

An Abu Dhabi company has lost a DIAC claim in which it alleged that the engineering arm of one of Malaysia’s largest conglomerates breached an agency agreement by refusing to participate in certain energy...

Libya escapes bulk of airport claim

An ICC tribunal has rejected the bulk of a €562 million claim against Libya over the construction of a new passenger terminal at Tripoli International Airport, ruling that the state is not liable for delays...

Libya escapes bulk of airport claim

An ICC tribunal has rejected the bulk of a €562 million claim against Libya over the construction of a new passenger terminal at Tripoli International Airport, ruling that the state is not liable for delays...

Indian-Korean polyethylene dispute enters damages phase

A subsidiary of Indian state-owned oil and gas company ONGC has reportedly prevailed on liability in a Singapore-seated arbitration with a South Korean petrochemical producer that backed out of a US$240...

Tortilla award submitted for enforcement in DC

Spanish subsidiaries of Mexican food group Gruma have started proceedings in Washington, DC, to enforce a US$430 million ICSID award against Venezuela relating to the Chávez-era expropriation of their...

Egypt seeks to annul award over approach to corruption “red flags”

Egypt has applied to annul an ICSID award ordering it to pay US$2 billion to a joint venture between Spain’s Naturgy and Italy’s Eni – suggesting that by advancing its own explanation of “red flag” indications...

UAE investor in Libya brings claim under Islamic treaty

A UAE investor in a joint venture that operated Libya’s largest oil refinery has requested UNCITRAL arbitration against the state under the investment agreement of the Organisation of Islamic Cooperation...

India seeks to ground chopper case during bribe probe

A court in Delhi will hear a request by the Indian government that it halt an ad hoc arbitration over a €560 million contract for the supply of helicopters to state officials, pending the outcome of a...

Expert witness survives challenge in Panama case

An ICSID tribunal hearing a case between US subsidiaries of Japanese tyre maker Bridgestone and Panama has refused to remove an expert witness hired by the state to give evidence on Panamanian law, where...

Tesla rival settles dispute with Chinese investor

US-based start-up Faraday Future, which has ambitions to overtake Tesla in the market for intelligent electric cars, has settled an HKIAC arbitration with a Chinese investor after it generated two emergency...

Tesla rival settles HKIAC dispute with Chinese investor

US-based start-up Faraday Future, which has ambitions to overtake Tesla in the market for intelligent electric cars, has settled an HKIAC arbitration it initiated with its Chinese investor after it generated...

Morocco and Mexico face ICSID claims

A German scrap recycler and US construction materials company have had their claims against Morocco and Mexico registered by ICSID, while an almost decade-old dispute at the centre between a US investor...

Romanian electricity supplier wins against Swiss trader

Romanian state-owned company Hidroelectrica has defeated a €43 million ad hoc claim brought by a Swiss energy trader that accused it of failing to comply with an energy supply contract in the face of insolvency...

Romanian electricity supplier wins against Swiss energy trader

Romanian state-owned company Hidroelectrica has said that it has defeated a €43 million ad hoc claim by a Swiss energy trader alleging that it failed to comply with an energy supply contract in the face...

“Sham” Cairo award - ICC seeks to intervene

The ICC International Court of Arbitration has asked a US court for permission to file an amicus curiae brief in support of Chevron’s attempts to prevent enforcement of a US$18 billion award that the energy...

ICC seeks intervention over “sham” Cairo award

The ICC International Court of Arbitration has asked a US court for permission to file an amicus curiae brief in support of Chevron’s attempts to prevent enforcement of a US$18 billion award that the energy...

What you missed at ICSID

Five new claims against Peru, Venezuela, Bulgaria, Spain and Turkey were registered by ICSID over the holiday period as well as a rectification proceeding initiated by a Swiss energy company after the...

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