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ZRP promotes in Bucharest

Global Arbitration Review - Fri, 2016-07-22 03:00

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 12:00

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 11:05

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 10:00

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 01:00

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 12:31

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 11:40

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 08:28

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 15:53

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 12:00

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 06:44

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 03:32

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 12:41

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.

Who’s sitting at ICSID?

Global Arbitration Review - Mon, 2016-07-18 09:15

Joe Smouha QC of Essex Court Chambers is among four arbitrators hearing their first ICSID cases in the latest round of tribunal appointments at the centre.

Emergency arbitrators at odds over Moldovan bank measures

Global Arbitration Review - Mon, 2016-07-18 08:30

A Russian investor has won emergency relief from the Stockholm Chamber of Commerce, requiring Moldova to halt the cancellation of its shares in a local bank – two weeks after another investor’s request for similar relief was denied.

Panel calls foul play in Juventus-Nike deal

Global Arbitration Review - Fri, 2016-07-15 11:57

A Geneva-seated UNCITRAL tribunal has said that Italian football club Juventus breached an exclusive sponsorship deal with Nike in the fallout of a 2006 match-fixing scandal that engulfed football in Italy.

Simmons & Simmons recruits from Eversheds

Global Arbitration Review - Fri, 2016-07-15 11:31

Signalling that the London market remains fluid post-Brexit, Australian Stuart Dutson has left the City office of Eversheds, where he was partner for seven years, to join Simmons & Simmons.

"Game of Tribunals" – winter is coming, warns Born

Global Arbitration Review - Fri, 2016-07-15 05:56

Like the Seven Kingdoms in Game of Thrones, international arbitration has enjoyed "a long golden summer when everything went right" but "winter is coming," Gary Born has warned; the community needs to defend it more vigorously.

Paris academy welcomes new president

Global Arbitration Review - Fri, 2016-07-15 03:24

The International Academy for Arbitration Law in Paris has chosen a new president and executive board as its summer course is in full swing.

President of OHADA court suspended

Global Arbitration Review - Thu, 2016-07-14 13:51

The president of the Common Court of Justice and Arbitration in Abidjan, Ivory Coast, which administers and supervises arbitrations under the OHADA system, has been suspended following an audit.

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