Global Arbitration Review - Commercial Arbitration

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The most recent articles from commercial arbitration
Updated: 1 year 6 days ago

Japanese distributor liable over diabetes products

Wed, 2020-10-14 10:54

A Chinese-owned developer of products for diabetes sufferers has applied to a US court to enforce a US$22.6 million ICC award against its Japanese former parent company concerning a terminated distribution...

Pasta maker can’t reheat fraud claim

Tue, 2020-10-13 11:26

A German family-owned pasta business has failed to reopen a Stockholm Chamber of Commerce award in favour of a US distributor on the basis of new evidence that allegedly showed it rested on fraudulent...

Amazon files SIAC claim to halt Indian retail deal

Mon, 2020-10-12 13:00

Amazon has launched a SIAC claim against an Indian conglomerate to block the US$3.4 billion sale of its retail business to Reliance Industries. Indian media reported last week that the US company had...

Korean videogame dispute heads to next level

Fri, 2020-10-09 13:00

A South Korean videogame developer has said it will apply to overturn an ICC award holding it liable in a dispute over an online role-playing game, as it fights a US$2 billion damages claim.  According...

GE hits back in Angolan power plant dispute

Tue, 2020-10-06 13:00

General Electric has filed two ICC claims against an African energy company that accuses it of encouraging the Angolan government to terminate a power plant project worth US$1.1 billion. Two GE subsidiaries...

SIAC award survives challenge over excluded in-house rep

Tue, 2020-10-06 04:03

The Singapore High Court has upheld a SIAC award despite allegations that the tribunal breached procedure by preventing the claimant’s general manager from serving as co-counsel alongside its external...

Chevron resumes claim against Thailand

Mon, 2020-10-05 18:00

Chevron has resumed a US$2 billion contractual arbitration against Thailand over decommissioning costs for an offshore gas field. The US oil company told Reuters last week that it had been “regretfully...

UK court restrains Russian securities suit

Mon, 2020-09-28 18:00

The Commercial Court in London has restrained an insolvent Russian bank from pursuing a US$140 million lawsuit in St Petersburg over securities contracts, finding the dispute should be heard in LCIA arbitration. ...

Florida court enforces Venezuelan mining award

Fri, 2020-09-25 13:00

A Florida court has enforced a US$188 million award against a Venezuelan state-owned entity over an iron ore project that buckled during economic turmoil in the wake of the death of the country’s former...

Mayer Brown arbitrator spared injunction in Hong Kong

Thu, 2020-09-24 18:00

A Hong Kong judge has refused to restrain Mayer Brown partner Thomas So from continuing to act as a sole arbitrator in an HKIAC dispute between former partners at a local law firm pending a court hearing...

Ammonia pipeline award upheld in Ukraine

Thu, 2020-09-24 13:00

The Supreme Court of Ukraine has dismissed a Russian chemicals group’s challenge to an award won by the Ukrainian state-owned operator of the world’s longest ammonia pipeline in a US$190 million dispute...

Rio Tinto gas price review claim not time-barred

Thu, 2020-09-24 07:22

An Australian court has ruled that a Rio Tinto subsidiary can pursue a price review claim against a Chevron consortium, finding that a time stipulation in their gas sale agreement was not essential. ...

US court split on discovery scope deepens

Wed, 2020-09-23 09:00

A US appeals court has refused to allow an electronics supplier to obtain evidence for use in a UK-seated arbitration – deepening a divide in the country’s courts on whether they can grant discovery in...

Leonardo wins fight over superbug laser treatment

Wed, 2020-09-23 08:34

A subsidiary of Italian defence contractor Leonardo has prevailed in a US$225 million ICDR dispute over a halted project to use laser technology to combat nasal superbugs. Leonardo Electronics US was...

Vedanta award enforced against India

Tue, 2020-09-22 18:00

The Indian Supreme Court has enforced a US$278 million UNCITRAL award won by a subsidiary of Vedanta Resources and its partners against India, rejecting the state’s arguments that the enforcement petition...

Angolan state entity wins Dutch asset freeze

Tue, 2020-09-22 13:00

A Dutch court has frozen assets controlled by the husband of embattled Angolan billionaire Isabel dos Santos in support of two arbitrations over a share purchase that is the subject of a criminal investigation...

Interim award upheld in mega-claim over Iranian gas

Tue, 2020-09-22 11:15

Iran’s national oil company has failed to overturn an interim award in favour of the UAE’s Crescent Petroleum in an US$18.6 billion dispute over a terminated gas supply deal. In an anonymised judgment...

Russian software group denied discovery in Delaware

Mon, 2020-09-21 09:35

A Delaware court has refused a Russian software group’s bid for discovery from the private equity arm of JPMorgan Chase for use in a pair of LCIA arbitrations worth at least US$65 million, ruling that...

Chinese court upholds “SIAC in Shanghai” clause

Mon, 2020-09-14 09:54

A Shanghai court has upheld the validity of a clause providing for SIAC arbitration “in Shanghai” – confirming that foreign arbitral institutions are not prohibited from conducting arbitrations on the...

Novartis sees off ICC claim over pain relief drug

Fri, 2020-09-11 13:00

A US subsidiary of Swiss pharmaceuticals group Novartis has defeated a US$82 million ICC claim brought by a former Japanese partner over its decision to discontinue development of a pain relief drug. ...