Topic: Bribery and corruption

As Lima continues to challenge awards worth US$200 million in favour of a highway concessionaire, the Peruvian municipality has asked a US court to order discovery from the award creditor’s investors to support allegations of bribery in Peruvian criminal proceedings. 

19 November 2024

Lord Bellamy KC, the former UK justice minister who led efforts to reform the country’s arbitration act, has argued in a GAR Live keynote speech that the new bill should not address potential corruption in arbitral proceedings – warning against a “kneejerk reaction” to the P&ID case.

16 October 2024

In this year's Roebuck Lecture, Emilia Onyema discussed the "cost of corruption" for local communities and how to provide them with access to arbitration and national courts, with a focus on the infamous case P&ID v Nigeria, which was of particular concern to her as a Nigerian. 

04 October 2024

Brazil’s state-run oil and gas company Petrobras says it has defeated an arbitration brought by an association on behalf of shareholders who suffered losses arising from the Lava Jato corruption scandal.

17 September 2024

A Mexican government agency acted with arbitrary political intent by closing down various US-owned casino businesses but allegations of “corrupt collusion” involving the judiciary were unproven, according to a newly public NAFTA award.

13 September 2024

UPDATED WITH AWARD: Mexico says it has defeated a US$270 million NAFTA claim brought by oil services investors who said their business was destroyed after they refused to pay bribes to state officials.

28 August 2024

A US appeals court has upheld the confirmation of a US$188 million award against a Venezuelan state-owned mining company, holding that its corruption allegations failed because they attacked the underlying contract and not the award itself.

23 August 2024

The UK’s new Labour government will not address issues of corruption in reforms to the country’s arbitration legislation despite the high-profile P&ID v Nigeria case – and has postponed reforms on litigation funding agreements until at least summer 2025. 

22 August 2024

South Korea has applied to set aside a US$32 million investment treaty award won by US hedge fund Mason Capital over the state’s interference in a Samsung merger. 

11 July 2024

A federal court in Los Angeles has enforced a US$52 million ICC award against a South Korean airline relating to a “lucrative” catering contract, rejecting arguments that it would contravene US public policy against financial crimes.

26 June 2024