Global Arbitration Review - Commercial Arbitration

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The most recent articles from commercial arbitration
Updated: 6 hours 18 min ago

Lukoil faces SCC claim over Uzbek project

Thu, 2019-03-14 13:00

Malaysian engineering group KNM has filed an SCC claim worth US$96 million against a subsidiary of Russia’s Lukoil for unpaid works at gas-condensate fields in Uzbekistan.  Kuala Lumpur-listed KNM disclosed...

ICC panel dismisses claim against Burkina Faso

Tue, 2019-03-12 19:00

An ICC tribunal has dismissed a US$2.2 billion claim against Burkina Faso over one of the world’s largest manganese mines, also rejecting a counterclaim of similar size and the west African state's allegations...

Anti-enforcement injunction lifted in Singapore

Tue, 2019-03-12 08:13

The Singapore Court of Appeal has lifted an injunction granted to an affiliate of US hotel group Hilton to prevent the enforcement of a Maldivian court judgment that was obtained in breach of an arbitration...

South African oil company wins ICC award against Congo

Thu, 2019-03-07 12:00

A South African oil exploration company has reportedly been awarded US$617 million in an ICC claim against the Democratic Republic of the Congo over the state’s failure to honour two oil contracts. ...

GE wins award in Taiwan nuclear dispute

Wed, 2019-03-06 19:00

A subsidiary of General Electric has won US$158 million in an ICC claim against a Taiwanese government-owned utility over two reactors at a nuclear power plant that was scrapped in the wake of the Fukushima...

Lat Am banking merger leads to ICC award

Tue, 2019-03-05 19:00

An ICC tribunal has ordered the majority shareholders in a Colombian bank to buy out their minority partner’s interest – in a dispute arising from a US$2 billion merger transaction spanning Brazil and...

Panel of five decides Angolan telecoms case

Mon, 2019-03-04 14:00

A subsidiary of Brazilian telecoms group Oi has been awarded US$650 million in an ICC case against its fellow shareholders in Angolan mobile carrier Unitel – a dispute that was heard by a five-member arbitral...

Injunction upheld in Armani fashion dispute

Mon, 2019-03-04 12:03

The Hong Kong Court of First instance has upheld an anti-suit injunction obtained by Italian fashion designer Giorgio Armani’s business in aid of an UNCITRAL claim against a Chinese retailer.   In a...

Louis Dreyfus owners settle family feud

Thu, 2019-02-28 13:00

Swiss billionaire Margarita Louis-Dreyfus has settled an ICC dispute with members of her family over a buyout of their interests in one of the world’s largest traders in agricultural commodities. On...

Louis-Dreyfus family settle billion-dollar feud

Thu, 2019-02-28 13:00

Swiss billionaire Margarita Louis-Dreyfus has settled an ICC dispute with members of her family over a buyout of their interests in one of the world’s largest traders in agricultural commodities. On...

Malaysian oil company wins set-aside in Mumbai

Wed, 2019-02-27 12:57

The Bombay High Court has set aside a US$113 million award obtained by an Indian state-owned company against its Malaysian partner in an eight-year arbitration over a failed venture to develop an offshore...

Oil companies fight Oxy for share of ICSID award

Wed, 2019-02-27 12:01

Houston-based Occidental Petroleum has failed in a bid to restrain Canadian oil and gas company Encana from pursuing claims against it in an ICDR-administered arbitration over rights to the proceeds of...

Austrian businessman takes on Tajikistan

Thu, 2019-02-21 19:00

UPDATED: An Austrian cotton investor has filed a claim against Tajikistan at ICSID after a state-owned bank refused to comply with a US$20 million commercial arbitration award. Alois Schönberger’s claim...

Chinese hospital dispute leads to SIAC award

Thu, 2019-02-21 19:00

A Singaporean subsidiary of Indonesia’s Lippo Group has obtained a freezing order from the Hong Kong courts as it seeks to enforce a SIAC award worth US$42 million plus interest arising from a dispute...

Smartphone maker waived right to arbitrate, US court finds

Thu, 2019-02-21 06:29

A Texas court has denied a motion by Taiwanese smartphone maker HTC to compel arbitration of counterclaims brought by Sweden’s Ericsson in pending litigation between the two companies over the licensing...

Pharma fraud award upheld but minors spared liability

Wed, 2019-02-20 13:00

The Singapore High Court has upheld a US$530 million ICC award that held Indian brothers Malvinder and Shivinder Mohan Singh and their companies liable for fraud over the sale of a pharmaceutical business...

Brazilian airline denied enforcement in Cayman Islands

Wed, 2019-02-20 12:00

The Grand Court of the Cayman Islands has refused to enforce a US$55 million ICC award issued a decade ago in favour of a Brazilian airline, finding that two private equity funds that were held liable...

SCC joins Turkmenistan to potash plant dispute

Wed, 2019-02-20 06:07

The SCC board has granted a request to join Turkmenistan as an additional party to an arbitration commenced by a state organ over the construction of a billion-dollar potash fertiliser plant. The board...

Challenges to enforcement of foreign awards: recent cases from Indonesia

Tue, 2019-02-19 07:21

Andi Kadir and Bernard Sihombing of HHP Law Firm (Baker McKenzie in Jakarta) consider recent trends in challenges to the enforcement of foreign arbitral awards in Indonesia. Since the Indonesian Supreme...

Egyptian state entity faces ICSID claim

Sun, 2019-02-17 19:00

A UK energy company has threatened to bring an ICSID claim against an Egyptian state-owned entity if it fails to pay its debts under various gas sales agreements. Petroceltic announced in a press release...