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Canada hit with first BIT claim

Global Arbitration Review - Wed, 2016-06-08 12:46

After 20 years of NAFTA cases, Canada has been hit with its first known claim under a bilateral investment treaty, brought at ICSID by an Egyptian telecoms company that once had a stake in the country's fourth-largest mobile operator.

GE gets red light for claim against Alstom

Global Arbitration Review - Wed, 2016-06-08 10:57

A New York court has temporarily restrained General Electric from pursuing an ICC claim against French transport group Alstom over the US$800 million sale of a rail-signalling business, also calling a halt to emergency arbitrator proceedings.

Baker & McKenzie recruits in New York and Dubai

Global Arbitration Review - Wed, 2016-06-08 10:14

Baker & McKenzie has added two to its partnership: former K&L Gates partner JP Duffy in New York and former Norton Rose Fulbright partner Charlotte Bijlani in Dubai.

Speed skating appeal puts CAS on surer footing

Global Arbitration Review - Tue, 2016-06-07 13:10

In a landmark ruling for sports arbitration, Germany’s highest court has ruled that agreements to refer disputes between athletes and sporting bodies to the Court of Arbitration for Sport are valid, rejecting arguments by champion speed skater Claudia Pechstein relating to a doping ban upheld by CAS six years ago.

Ethiopian court hears challenge to PCA award

Global Arbitration Review - Tue, 2016-06-07 11:05

A railway company owned by the Djiboutian and Ethiopian governments has won a stay of enforcement of a €20 million award rendered at the Permanent Court of Arbitration, as a court in Addis Ababa considers whether the arbitrators ignored evidence of fraud.

Addleshaw Goddard recruits American in London

Global Arbitration Review - Tue, 2016-06-07 09:57

After 10 years at King & Spalding, energy disputes specialist Sarah Vasani is set to join Addleshaw Goddard’s London office as partner.

Lawn grows taller at Skadden

Global Arbitration Review - Tue, 2016-06-07 07:41

Nicholas Lawn, who is acting for Vodafone and other investors in multibillion-dollar treaty claims against India, has been promoted to counsel in the London office of Skadden Arps Slate Meagher & Flom.

Panama defeats “abusive” hydro claim

Global Arbitration Review - Mon, 2016-06-06 13:15

An ICSID tribunal has thrown out a US company’s claim against Panama over a hydropower concession, calling it an “abuse of the international investment treaty system”.

Ecuador rebuffed by US Supreme Court

Global Arbitration Review - Mon, 2016-06-06 12:12

The United States Supreme Court has said it will not hear Ecuador’s appeal over the confirmation of a US$106 million investment treaty award in favour of Chevron – despite the intervention of Bolivia in support of the petition.

Mexico risks NAFTA claim over mining taxes

Global Arbitration Review - Mon, 2016-06-06 11:16

A Canadian mining group has threatened to bring a NAFTA claim against Mexico in a dispute over tax on revenues from a silver mine – as the company faces a US class action over allegations that it misled its own investors.

Hedge fund claims against Peru over land bonds

Global Arbitration Review - Fri, 2016-06-03 13:07

Peru has accused a US hedge fund of engaging in “smear campaigns” after it lodged a US$1.6 billion treaty claim against the state seeking payment of defaulted bonds issued nearly 50 years ago by a former left-wing military dictatorship in exchange for expropriated farmland.

Argentina’s former ICSID liaison joins rebranded boutique

Global Arbitration Review - Fri, 2016-06-03 11:50

Argentina’s former ICSID liaison Ignacio Torterola has joined Gomm & Smith as the Miami boutique spreads to Washington, DC and rebrands as GST to reflect the new addition.

Somalia plans reforms to arbitration framework

Global Arbitration Review - Fri, 2016-06-03 04:00

Somalia has set up a government division to reform the country’s arbitration framework following a long drawn out civil war, including through accession to the New York Convention and adoption of the UNCITRAL Model Law.

Ecuador to pay for mine seizures but violence prompts damages cut

Global Arbitration Review - Thu, 2016-06-02 14:23

An UNCITRAL tribunal has ordered Ecuador to pay damages for the unlawful expropriation of two copper reserves but cut the amount because of violence inflicted on anti-mining protestors by a security force hired by the claimant.

Assignment spells success for Egyptian gas supplier

Global Arbitration Review - Thu, 2016-06-02 11:42

An ICC tribunal has rejected claims for contractual penalties worth more than US$270 million plus interest against Egypt’s state-owned natural gas supplier EGAS, finding that the claimant had assigned all its rights under a gas supply contract to a third party.

Tylney weekend marks start of new LCIA presidency

Global Arbitration Review - Thu, 2016-06-02 06:44

The LCIA has made new appointments to its courts and users' councils and signed the Equal Representation in Arbitration Pledge, as Judith Gill QC of Allen & Overy begins her term as the first female president of the institution.

Dominican Republic triumphs in DR-CAFTA claim

Global Arbitration Review - Wed, 2016-06-01 12:02

An ICSID tribunal has thrown out a US mining investor’s third-party funded case against the Dominican Republic after ruling that the US$100 million claim was time-barred.

Latvian roof collapse leads to threat of ICSID claim

Global Arbitration Review - Wed, 2016-06-01 11:46

A Dutch real estate investment fund has threatened to file an ICSID claim against Latvia over the conduct of its municipal authorities and courts following the fatal collapse of a supermarket roof in Riga that triggered the fall of the country's government.

London's first female Ukrainian equity partner moves to Chadbourne

Global Arbitration Review - Wed, 2016-06-01 11:42

Central and Eastern Europe and Commonwealth of Independent States disputes specialist Irina Tymczyszyn has left Bryan Cave to become a partner in Chadbourne & Parke's international arbitration and public international law group in London.

Corporate counsel swap views in London

Global Arbitration Review - Wed, 2016-06-01 04:00

A conference in London organised by two corporate counsel groups and the Swiss Arbitration Institution saw arbitrators given the principal blame for the delay, cost and inefficiency of international arbitration.

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