Work Area: Commercial arbitration
Walgreens settles covid testing dispute
US pharmacy chain Walgreens has agreed to pay US$595 million to a telemedicine group to settle a dispute over covid-19 testing.
26 February 2025
Singapore court refuses to review decision of SIAC registrar
The Singapore High Court has ruled that it cannot review an administrative decision taken by the registrar of the Singapore International Arbitration Centre.
26 February 2025
Rail consortium brings claim against Uruguay
An engineering consortium led by Spain’s Sacyr says it has brought an arbitration against Uruguay over outstanding payments relating to a US$1.5 billion rail project.
25 February 2025
IBA task force calls for res judicata standard
A task force set up by the International Bar Association’s arbitration committee has recommended the drafting of guidelines for an autonomous standard of res judicata to promote consistency in international commercial arbitration.
25 February 2025
Philippine grid operator wins billion-dollar SIAC dispute
A tribunal at SIAC has ruled in favour of the Chinese-backed operator of the Philippines' national power grid in a dispute over a billion-dollar concession fee – while rejecting claims that it breached restrictions on foreign ownership.
24 February 2025
Norwegian driller wins award over offshore rig
A Norwegian drilling rig company has won a US$105 million award against a Nigerian oil and gas group over alleged non-payment of their contract, after defeating a much larger counterclaim.
21 February 2025
Pakistani venture capital firm seeks to enforce against founder
A Pakistani venture capital firm has asked courts in the US and Pakistan to enforce a JAMS award preventing its founder from transferring his shares in the company after he resigned following allegations of sexual misconduct.
21 February 2025
Novo Nordisk to bring fraud claim over hypertension drug
Danish pharmaceutical group Novo Nordisk is preparing to launch an ICC arbitration worth US$830 million against a Singapore biosciences company for alleged fraud, after acquiring a hypertension drug that failed in clinical trials.
19 February 2025
Nigerian businessman liable for fuel debts
The Commercial Court in London has ruled that a Nigerian businessman and his company are liable for around U$33 million in debts for fuel purchases and that their defences in related LCIA and DIAC arbitrations were “bound to fail”.
17 February 2025
US court confirms funder’s award against Albania
A US court has granted a request by Australian disputes funder Omni Bridgeway to confirm an ICC award worth around US$15 million against Albania and its national oil company.
17 February 2025