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Service on states can’t be bypassed, UK court holds

London’s Commercial Court has partially set aside an order to enforce an award against Libya, holding that it cannot dispense with requirements for service of proceedings on a foreign state even in the...

DIAC hears airline’s claim against private equity group

Low-cost airline Air Arabia is pursuing a claim against a collapsed private equity group before the Dubai International Arbitration Centre as it brings a criminal complaint against the group’s founder....

Yukos bankruptcy denied recognition in the Netherlands

The Dutch Supreme Court has confirmed that a Russian judgment declaring the bankruptcy of Yukos should be denied recognition on public policy grounds, ending a long-running battle for control of the Russian...

ICSID compiles responses to proposed rule changes

ICSID has published a compendium of public comments on its proposed amendments to the centre’s rules. The 458-page compendium, published today on the ICSID website, brings together comments on proposals...

Rwandan state entity takes investor to ICSID

In a rare example of an ICSID arbitration commenced against an investor, a Rwandan state-owned entity has brought a claim against the operator of a one-of-a-kind power plant on one of Africa’s Great Lakes....

LCIA to hear dispute over Indian gas block

Embattled Canadian energy company Niko Resources has launched an LCIA claim after its partners Reliance Industries and BP asked it to withdraw from an Indian offshore gas block for defaulting on a cash...

Rwandan state entity takes investor to ICSID

In a rare example of an ICSID arbitration commenced against an investor, a Rwandan state-owned entity has brought a claim against the operator of a one-of-a-kind power plant on one of Africa’s Great Lakes....

EU countries to cancel BITs post-Achmea

UPDATED. Member states of the European Union have agreed to terminate their intra-EU bilateral investment treaties to comply with the Achmea judgment – while a majority of them have also agreed to take...

UK and Fujitsu reach agreement in dispute over NHS system

Amid Brexit turmoil, the UK government has reportedly found time to negotiate the settlement of a £700 million dispute with Japan’s Fujitsu over a cancelled contract to upgrade an IT system for the National...

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...

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