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US targets Clyde & Co award funds

The US Department of Justice is attempting to seize the proceeds of an arbitral award held by Clyde & Co that Malaysian authorities say can be traced to the 1MDB corruption scandal.   The DOJ filed...

Libya challenges treaty award in US court

Libya has asked a US court to vacate an investment treaty award that requires it to pay more than €83 million to an Austrian investor in six construction projects that were disrupted by the country’s 2011...

Italy liable over renewables reforms

A majority ICSID tribunal has ordered Italy to pay more than €18 million to subsidiaries of a German solar investor in an Energy Charter Treaty claim over changes to renewables tariffs. In a 354-page...

Panels in place to hear Qatar's postal claims

Four tribunals are in place at the Permanent Court of Arbitration to hear claims by Qatar against its Middle Eastern neighbours over the suspension of postal services as part of their continuing blockade...

Solar investors win damages from Italy

An ICSID tribunal has by majority ordered Italy to pay more than €18 million to subsidiaries of a German solar investor in an Energy Charter Treaty claim over changes to renewables tariffs. In a 354-page...

DP World seeks to enforce against Djibouti

A subsidiary of Emirati logistics group DP World has applied to a US court to enforce LCIA awards totalling more than US$485 million against the east African state of Djibouti arising from a bitter dispute...

UK may face arbitration over Brexit law

The European Commission has warned the UK that it may face arbitration if it adopts legislation overriding the agreement governing the country's exit from the EU. In a press release on 10 September,...

Chinese court upholds “SIAC in Shanghai” clause

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...

Latvian farming investor threatens Ukraine

A Latvian investor in an agricultural project has threatened Ukraine with a US$35 million treaty claim – over allegations its joint venture partner unilaterally replaced board members and took control....

Novartis sees off ICC claim over pain relief drug

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. ...

An update on UNCITRAL's work on expedited rules and ISDS reform

The 2020 Virtual ITA-ASIL Conference took the form of an interview with UNCITRAL legal officer Corinne Montineri about the progress of Working Groups II and III in developing expedited arbitration rules...

An update on UNCITRAL's work on expedited rules and ISDS reform

The 2020 Virtual ITA-ASIL Conference took the form of an interview with UNCITRAL legal officer Corinne Montineri about the progress of Working Groups II and III in developing expedited arbitration rules...

Atlanta panel throws out claim over aircraft tech

An Atlanta-seated tribunal has dismissed a US$93 million claim brought against a jet aircraft maker by a family-owned developer of laser-based air data systems. The tribunal dismissed the claim by Virginia-based...

Telecom Italia defeats bid to revive US$15 billion claim

An ICC tribunal has rejected a private equity group’s bid to revive a US$15 billion claim against Telecom Italia, dismissing allegations that the respondent had withheld evidence decisive to the case....

Beer festival backer brings ICSID claim against China

A Singaporean businessman who helped build the “Asian Oktoberfest” has filed an ICSID claim against China over the alleged expropriation of various real estate investments during a two-year spell he spent...

Long-trailed mining claim against Poland gets underway

An Australian mining company has made good on its threat to file a third-party funded treaty claim against Poland, over its alleged obstruction of two coal projects. London-listed Prairie Mining announced...

ICSID panel challenged over security for costs order

A Ukrainian scrap metal investor seeks to disqualify an ICSID tribunal hearing his €75 million claim against Latvia after it found prima facie evidence of his “unusual business practices”, the Baltic state...

Insolvent solar investor fails in claim against Italy

An ICSID tribunal has rejected an insolvent solar investor’s claim against Italy, finding that reforms to the country’s renewable energy regime were not irrational or arbitrary.  In an award dated 4...

Albania liable for highway project delays

An ICC tribunal has ordered Albania to pay US$44 million to a Kuwaiti-Greek joint venture over delays to a project to build a mountain highway. On 1 September, the tribunal said Albania was bound by...

Albania liable for highway project delays

An ICC tribunal has ordered Albania to pay US$44 million to a Kuwaiti-Greek joint venture over delays to a project to build a mountain highway. On 1 September, the tribunal said Albania was bound by...

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