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Hong Kong under-45 group welcomes new chairs

Global Arbitration Review - Tue, 2016-07-26 01:00

The Hong Kong International Arbitration Centre has picked new leaders to head its young practitioners group – the HK45 – and launched a new network of regional ambassadors to promote arbitration in Hong Kong globally.

PDVSA pursues Paraguay for unpaid debt

Global Arbitration Review - Mon, 2016-07-25 13:31

Venezuela’s national oil and gas company PDVSA has filed an ICC claim against its Paraguayan counterpart Petropar as it looks recover US$265 million in unpaid debt.

Ecuador settles with Chevron over court delay

Global Arbitration Review - Mon, 2016-07-25 11:58

Ecuador has paid US$112 million to Chevron to honour a five-year-old investment treaty award that compensated the oil company for delays in the country’s court system.

Crystallex funder backs Colombia claim

Global Arbitration Review - Mon, 2016-07-25 11:48

A New York private equity firm that reaped a record return by financing an ICSID case against Venezuela has agreed to fund a Canadian mining company’s looming treaty claim against Colombia.

Shell takes on Philippines over back taxes

Global Arbitration Review - Fri, 2016-07-22 13:20

The Philippines is facing an ICSID claim brought by Royal Dutch Shell over tax bills of US$1.1 billion that were retrospectively imposed on the country’s only natural gas project.

McArbitration back on the menu

Global Arbitration Review - Fri, 2016-07-22 11:50

An LCIA claim initiated by McDonald’s against its former Indian joint venture partner is back on track, after a court in Delhi lifted an anti-arbitration injunction.

IMF chief to stand trial over Tapie Affair after appeal fails

Global Arbitration Review - Fri, 2016-07-22 08:54

The managing director of the International Monetary Fund, Christine Lagarde, will stand trial for her role in referring Bernard Tapie’s dispute with the French government to arbitration, after her appeal to France's top court failed.

ZRP promotes in Bucharest

Global Arbitration Review - Fri, 2016-07-22 04:00

Romanian firm Zamfirescu Racoți & Partners has promoted disputes specialist Alina Tugearu to the partnership in Bucharest as of 1 July.

Eni fails to win price cut from GasTerra

Global Arbitration Review - Thu, 2016-07-21 13:00

A Hague-seated tribunal has refused to grant Italian energy group Eni a downward price revision to a long-term gas contract with GasTerra, prompting the Dutch trader to start a fresh arbitration and seize €1 billion assets owned by Eni’s Amsterdam operation.

Niko tribunal asserts priority over Bangladesh courts

Global Arbitration Review - Thu, 2016-07-21 12:05

An ICSID tribunal hearing a Canadian-owned oil and gas company’s claims against two Bangladeshi state entities has said it has exclusive jurisdiction over the dispute, after a local court issued an injunction to prevent payment for gas deliveries.

Russia’s athletes fall at CAS hurdle

Global Arbitration Review - Thu, 2016-07-21 11:00

The Court of Arbitration for Sport has upheld a decision of the International Association of Athletics Federations banning Russian athletes from competing at this summer’s Olympic Games in Rio de Janeiro in the wake of a state-sponsored doping scandal.

Gentium Law founder supports UN leadership bid

Global Arbitration Review - Thu, 2016-07-21 02:00

The founder of Gentium Law in Geneva, Matthew Parish, is combining his international arbitration practice with a role as chief political adviser to one of the European candidates to become UN secretary general after Ban-Ki moon's term concludes at the end of the year.

Noteworthy strides at UNCITRAL

Global Arbitration Review - Wed, 2016-07-20 13:31

The latest session of the United Nations Commission for International Trade Law saw the adoption of revised Notes on Organising Arbitral Proceedings, updated for the first time in 20 years, a discussion of future work and the launch of a guide to the New York Convention.

Nine-man US panel stacked against us, complains Chinese company

Global Arbitration Review - Wed, 2016-07-20 12:40

UPDATED. A Chinese state-owned aerospace company is seeking to set aside a US$63 million ICDR award in favour of US investors in a wind energy joint venture on the grounds that the nine-person tribunal that heard the case was unfairly stacked against it and "an extreme outlier in the annals of US jurisprudence and arbitration".

Arbitrator bribery suit continues despite settlement

Global Arbitration Review - Wed, 2016-07-20 09:28

A US insurer has settled an acrimonious dispute with a former business partner whom it accused of bribery – but has yet to withdraw litigation against the Italian arbitrator alleged to have been bribed.

Yukos shareholders seek to reinstate award

Global Arbitration Review - Tue, 2016-07-19 16:53

The former majority shareholders in Yukos have appealed a Dutch court decision that set aside their US$50 billion Energy Charter Treaty award against Russia and taken steps to suspend enforcement proceedings in certain jurisdictions pending the outcome of the appeal.

Nigeria thwarts bid to enforce against Fleet Street premises

Global Arbitration Review - Tue, 2016-07-19 13:00

An English court has ruled that a Nigerian state-owned property in London that is used for consular activities cannot be used to satisfy an award against the state, even though it is leased to a private company.

Garrigues adds new partner in Chile

Global Arbitration Review - Tue, 2016-07-19 07:44

Spanish firm Garrigues has hired Mónica van der Schraft from Cariola Diez Pérez Cotapos y Cía to head its litigation and arbitration department in Santiago, soon after gaining a presence in Chile thanks to a merger.

Famine does not frustrate contract, South Sudan told

Global Arbitration Review - Tue, 2016-07-19 04:32

The conflict and famine that marked the approach to South Sudan’s independence in 2011 were not grounds for declaring a contract frustrated, a Nairobi-seated tribunal ruled in a decision last year that has only recently came to light.

Peru pollution claim falls foul of waiver clause

Global Arbitration Review - Mon, 2016-07-18 13:41

An UNCITRAL tribunal has refused jurisdiction over a claim against Peru concerning environmental pollution after finding that the investor failed to comply with a treaty requirement by reserving its rights to pursue claims in other fora.

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