Organisation: Allianz

A Czech state-owned entity says it has won a €113 million Prague arbitration against Gazprom’s exports arm over missed payments under gas transportation contracts.

13 September 2024

A Russian court has ordered a Czech state-owned gas transporter to halt a Prague arbitration against Gazprom’s exports arm or face a €113 million penalty.

07 March 2024

An Italian media group has settled a dispute over the €120 million sale of its historic headquarters to Blackstone after it failed to set aside an award issued in favour of the US private equity group by a Milan-seated tribunal.

22 July 2022

A Milan-seated tribunal has rejected claims by an Italian media group that the €120 million sale of its historic headquarters to US private equity group Blackstone eight years ago amounted to usury in breach of Italian law. 

20 May 2021

A Milan-seated tribunal has issued a partial award in a case brought by the media group behind Italian newspaper Corriere della Sera, as it seeks to reverse the €120 million purchase of its historic headquarters by US private equity group Blackstone.

28 May 2020

Philipp Hanusch and Gillian Lam of Baker McKenzie in Hong Kong consider a recent decision by the Hong Kong Court of First Instance restraining a non-party to an arbitration agreement from pursuing court proceedings in mainland China.

01 August 2019

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 central Milan in 2013 – bringing together the name partners of several major Italian firms as counsel.

04 December 2018

The Court of Appeal in London has reinstated the appointment of a British QC as arbitrator in a reinsurance dispute relating to the 9/11 attack on the World Trade Center, overturning a lower court decision that found he lacked the necessary experience.

15 March 2018

The English High Court has ruled that an arbitrator who was due to hear a reinsurance dispute over damage to the Port of New York in the World Trade Centre attack on 11 September 2001 does not have relevant experience and should be removed from the case.

10 November 2017

A German-Austrian energy consortium says it has prevailed in a €1.2 billion ICC dispute with subsidiaries of Japan’s Hitachi group over the construction of a power plant on the Rhine, though the size of the award has been contested.

25 November 2016