Global Arbitration Review - Commercial Arbitration

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The most recent articles from commercial arbitration
Updated: 3 hours 19 min ago

Qatar hospital dispute leads to ICC award

Tue, 2018-12-04 18:00

An ICC tribunal has ruled that a Qatari state-backed foundation validly terminated a contract for the construction of a €1.7 billion medical facility in Doha, while ordering it to pay €44 million to the...

Tiffany loses final appeal over Swatch award

Tue, 2018-12-04 12:00

The Dutch Supreme Court has upheld a US$450 million award in favour of Swiss watchmaker Swatch against US jeweller Tiffany, five years after it was issued.  The court dismissed the appeal by Tiffany...

Dispute over newspaper headquarters to play out in Milan

Tue, 2018-12-04 12:00

The media group behind Italian newspaper Corriere della Sera has brought an arbitration against US private equity group Blackstone as it seeks to reverse the €120 million purchase of its headquarters in...

Egyptian state entities face enforcement bid despite settlement

Mon, 2018-12-03 10:44

An Egyptian company has applied to a US court to enforce an ICC award ordering two Egyptian state entities to pay it US$288 million excluding interest for terminating a deal to supply gas to Israel – despite...

Airbnb hit by claim over removed West Bank listings

Thu, 2018-11-29 13:00

A pro-Israel activist and lawyer has launched an American Arbitration Association claim against Airbnb over the internet platform’s “discriminatory” decision to remove listings of homes for rent in Israeli...

Jay-Z highlights lack of diversity among arbitrators

Thu, 2018-11-29 13:00

UPDATED. World-renowned rapper Jay-Z has won a temporary stay of a US$200 million American Arbitration Association proceeding from a New York court after complaining that the institution does not have...

Egypt hit by claim over cancelled container terminal project

Sun, 2018-11-25 18:00

A Kuwaiti shareholder in a consortium that held a concession to develop, build and operate a new container terminal facility at Egypt’s Damietta port has launched a US$1.1 billion claim against the state...

Angola faces claim over unsigned port contract

Wed, 2018-11-21 10:00

A company linked to the billionaire daughter of Angola’s former president is to pursue an US$850 million claim against the state through ad hoc arbitration after the ICC declined to administer the dispute,...

Hong Kong award remitted for serious irregularity

Tue, 2018-11-20 12:00

The Hong Kong Court of First Instance has partially remitted an HKIAC award in a construction dispute to a sole arbitrator for reconsideration after finding it was marred by serious irregularity. In...

Iraqi oil suit dismissed in Virginia

Tue, 2018-11-20 10:07

A judge in Virginia has dismissed a Swiss commodities trader’s lawsuit against two US-based brothers over a deal to export fuel oil from Iraq, adding that she would have ordered the dispute to go to LCIA...

Bolivian mining claim partly clears hurdle

Tue, 2018-11-20 10:00

An ICC tribunal has allowed an Indian company’s US$86 million claim to proceed against a Bolivian state-owned mining entity – while throwing out claims against the state itself and another state-owned...

Australian biotech company loses SIAC claim

Sun, 2018-11-18 18:00

An Australian biotechnology company has lost a US$300 million SIAC claim over the development of a medicine designed to treat skin and bloodstream infections. Melbourne-based Phosphagenics announced...

ICC seeks clarity after clause deemed unenforceable in Russia

Fri, 2018-11-16 11:00

In the wake of a judgment of the Russian Supreme Court holding a standard ICC arbitration clause to be unenforceable under Russian law, the ICC International Court of Arbitration has sought clarification...

Greece faces renewed bid to enforce Olympics award

Wed, 2018-11-14 12:00

A US defence contractor has asked a New York court for leave to begin attaching Greece’s US assets to satisfy a €48 million ICC award relating to a project commissioned for the 2004 Olympic Games that...

US court allows use of discovery in case over Spanish gaming group

Tue, 2018-11-13 18:00

A Connecticut court has refused to limit discovery granted in aid of a Madrid litigation to prevent its use in a related ICC arbitration over the management of a Spanish gaming group. In a ruling on...

Scrapping of Mexican airport project may trigger treaty claims

Tue, 2018-11-13 11:00

An ICC claim is underway concerning cost overruns on a US$13.3 billion project to build a new international airport in Mexico City, as practitioners warn that the state may face a flurry of investment...

ICC to hear smartphone patent dispute

Tue, 2018-11-13 09:59

A Texas court has ruled that a dispute between Taiwanese smartphone maker HTC and Sweden’s Ericsson concerning royalties for cellular and wireless technology patents must be submitted to ICC arbitration....

The Belt and Road imbalance under scrutiny at GAR Live

Mon, 2018-11-12 10:00

A panel at GAR Live Hong Kong discussed the imbalance of power in the negotiation of contracts related to China’s Belt and Road plan and whether it can be mitigated.  Ever since the US$900 billion Belt...

CIArb Scotland launches young group

Fri, 2018-11-09 10:00

As part of its preparations for the ICCA Congress in Edinburgh in 2020, the Scottish branch of the Chartered Institute of Arbitrators has launched a young members group.  The launch took place on 22...

Details of Lima toll claim come to light

Thu, 2018-11-08 10:00

A former subsidiary of Brazil’s scandal-hit Odebrecht is bringing an UNCITRAL claim against the municipality of Lima over the government’s decision to revoke a toll road concession following a public backlash,...