Global Arbitration Review - Commercial Arbitration

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The most recent articles from commercial arbitration
Updated: 1 year 7 weeks ago

Spanish ruling curbs judicial review of awards

Mon, 2020-07-20 12:00

Practitioners have welcomed a landmark ruling by Spain’s Constitutional Court that they say significantly restricts the ability of the judiciary to re-examine the merits of arbitral awards on the basis...

Puerto Rican insurer gets US$524 million award

Mon, 2020-07-20 09:27

A Puerto Rican insurance group has asked a US federal court to enforce an interim award worth US$524 million against a Bermudian reinsurer whose controlling owner was recently convicted of bribery. ...

PCA hears claim against Iranian airline

Mon, 2020-07-20 08:00

CORRECTED. A sole arbitrator at the Permanent Court of Arbitration is hearing a claim brought by a global air transport IT provider against Tehran-based Iran Airtours. The PCA today published a cast...

Petrobras loses appeal in bribery dispute

Fri, 2020-07-17 09:03

A US appeals court has upheld an ICDR award that required Brazil’s Petrobras to pay over US$700 million to an offshore drilling company for terminating a contract allegedly procured through bribery. ...

Buffett award enforced in New York

Wed, 2020-07-15 17:00

A New York federal court has confirmed a €643 million award in favour of a conglomerate controlled by US billionaire Warren Buffett that was found to have been defrauded into acquiring a German piping...

Zimbabwe faces LCIA claim over covid-19 testing kits

Tue, 2020-07-14 17:00

Zimbabwe’s state-owned pharmaceutical company has been threatened with an LCIA claim over the termination of a US$60 million contract to supply covid-19 testing kits, amid a criminal investigation that...

Angola defeats claim over unsigned port contract

Tue, 2020-07-14 11:00

UPDATED WITH TRIBUNAL: Angola has defeated a US$850 million claim by a company linked to the billionaire daughter of the country’s former president, which arose out of a port concession contract that was...

UK court rejects due process challenge to Shell award

Tue, 2020-07-14 08:46

An Italian energy company was not deprived of due process in an LCIA arbitration with Shell as a result of being unable to find a senior barrister to represent it after sacking its entire legal team days...

Sinopec faces bid to enforce annulled CIETAC award

Tue, 2020-07-14 07:47

A British Virgin Islands company has asked a US court to enforce a US$21 million CIETAC award against a subsidiary of Chinese state-owned energy company Sinopec – weeks after it was annulled by a court...

Kenya declares win in geothermal energy dispute

Mon, 2020-07-13 12:00

Kenya says it has defeated an ICSID claim worth US$340 million brought by a US-Canadian energy company over the revocation of a licence for a geothermal energy project. An ICSID tribunal dismissed the...

Romanian real estate dispute heads to London

Fri, 2020-07-10 10:29

Johannesburg-listed property investment group NEPI Rockcastle has announced it is in arbitration over a €290 million sale of offices in Romania that stalled in the wake of the covid-19 pandemic. NEPI,...

UK Supreme Court to hear Kabab-Ji v Kout appeal

Thu, 2020-07-09 17:00

The UK Supreme Court has given a Lebanese food company leave to appeal a decision that refused enforcement of an ICC award against a non-signatory – weeks after the same award was upheld by a French court...

Chinese-US aircraft venture spawns Hong Kong award

Thu, 2020-07-09 08:58

A Chinese-owned company has asked a Missouri court to enforce an US$87 million HKIAC award against its US partner in a failed joint venture to resell used aircraft. Top Jet – a BVI subsidiary of Chinese...

US appeals courts split on discovery for commercial arbitration

Wed, 2020-07-08 11:00

A US appeals court has refused to allow a Chinese businessman to obtain documents for use in a CIETAC proceeding – cementing a divide between the country's courts on whether they can grant discovery in...

SIAC to hear claim over Vietnamese gas block

Tue, 2020-07-07 17:00

A Singaporean oil and gas company has filed a SIAC claim against a subsidiary of Japan’s Inpex Corporation over a deal to acquire a US$14 million stake in a Vietnamese offshore gas block. On 3 July,...

Mexican state utility liable for stalled hydro project

Mon, 2020-07-06 12:00

A Chinese-Mexican consortium has won a US$220 million LCIA award against Mexico’s state electric utility over a hydroelectric project disrupted by local protests. State-owned Comisión Federal de Electricidad...

Korean gaming company enjoys winning streak

Fri, 2020-07-03 12:00

South Korean videogame developer WeMade has received favourable awards in three arbitrations over an online role-playing game series, including the largest case ever heard at the Korean Commercial Arbitration...

Paris tribunal decides Peruvian toll dispute

Fri, 2020-07-03 12:00

A Paris-seated tribunal has ruled in a dispute over toll rates between the Peruvian municipality of Lima and a French-owned road concessionaire – as a new arbitration between the parties gets underway....

Mauritanian state entity defeats iron ore claim

Thu, 2020-07-02 17:00

Mauritania’s state-owned mining company has reportedly defeated an ICC claim by a Spanish construction group over delays to a €140 million iron ore enrichment plant in the West African state.  A Paris-seated...

UK court sides with Guaidó in gold battle

Thu, 2020-07-02 12:00

In a blow to Venezuelan president Nicolás Maduro, a London court has ruled that the UK government “unequivocally” recognises Juan Guaidó as the country’s interim president in a battle for control of the...