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Azerbaijan hit with claim over oilfield sale

A Georgian businessman has filed an Energy Charter Treaty claim against Azerbaijan, seeking more than US$700 million in compensation over alleged interference by the state energy company leading up to...

Libya held liable over civil war disruption

An ICSID tribunal has ordered Libya to pay €74 million in damages to an Austrian construction company over infrastructure projects that were disrupted by the country's civil war. A tribunal chaired...

Funder in place for mining claim against Poland

An Australian mining company says it has secured third-party funding for an imminent investment treaty claim against Poland over the obstruction of two coal projects. Prairie Mining today announced...

ICC panel rules in Turkmen-Iranian gas dispute

Turkmenistan’s national gas company Turkmengaz has reportedly been awarded around US$2 billion in an ICC claim concerning payments for the supply of natural gas to Iran. Iranian media reported yesterday...

China faces claim from Japanese trading house

A Japanese construction materials trader has launched an ICSID claim against China over a real estate project – in what is thought to be the first treaty claim brought by a Japanese investor against the...

Spain fails to unseat Spigelman in solar case

Spain has failed to disqualify Australian James Spigelman QC from hearing an ICSID claim brought by a Belgian solar investor on the ground that he had “prejudged” the case through his participation in...

Fuel cell maker takes Korean partner to ICC

A US fuel cell manufacturer has launched a US$200 million ICC claim against South Korea’s largest private energy producer for alleged breaches of technology licences – and says it has a third-party funder...

Iraq faces billion-dollar claim over cement plant

A German company has filed a US$1 billion ICSID claim against Iraq over the alleged expropriation of its cement production business.    ICSID registered the claim, brought by Brandenburg-based transport...

Rival Venezuelan governments fight over gold in London

A London court battle between Venezuela’s rival leaders for control of the country’s gold reserves held by the Bank of England will also determine the outcome of an LCIA case over which administration...

US Supreme Court to rule again on arbitrability

The US Supreme Court will again hear a case based on whether arbitrators can determine the question of arbitrability, after an appeals court found on remand that the parties had not clearly agreed to delegate...

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