Work Area: Commercial arbitration
Walgreens fails to set-aside billion-dollar award over covid-19 tests
A US court has refused to set aside an award ordering US pharmacy chain Walgreens to pay US$988 million in a dispute over covid-19 testing, rejecting allegations the sole arbitrator was biased and ignored a liability cap.
13 February 2025
DIS autumn conference explores “drivers of innovation”
Nadja Harraschain of A&O Shearman in Frankfurt reports on the autumn conference of the German Arbitration Institute (DIS), which focused on drivers of innovation in arbitration.
12 February 2025
UK appeal court reverses injunction against Gazprom venture
The Court of Appeal in London has granted UniCredit’s request to lift an anti-suit injunction it won against a Gazprom joint venture after the bank said it wanted to avoid an “eye-watering” fine from the Russian courts.
11 February 2025
Man City brings new claim over sponsorship rules
Football club Manchester City has brought a second claim against the Premier League over changes to its sponsorship rules that were made based on an earlier award.
07 February 2025
European banks seek to reverse injunctions against Gazprom venture
Italy’s UniCredit has asked a UK court to lift an anti-suit injunction it won against a Gazprom joint venture because it faces “potentially draconian financial consequences” in parallel proceedings in Russia – and says two other European banks have made similar applications.
06 February 2025
Austrian energy company reports another win against Gazprom
Austrian energy group OMV says it has won an SCC award worth €48 million against Russia’s Gazprom over a terminated gas supply contract – months after winning another award against the Russian entity over a separate agreement.
05 February 2025
Derains & Gharavi launches standing arbitration tribunal
Having unveiled a standing mediation platform last week, Paris-based law firm Derains & Gharavi has gone on to launch a standing ad hoc arbitration tribunal for the settlement of commercial, sports and investor-state disputes in an expedited manner that it says will avoid many of the problems that beset the normal arbitral process.
31 January 2025
Japanese drugmaker gets US antitrust case sent to arbitration
A Japanese drugmaker has won its bid to compel AAA arbitration of a complaint that it broke antitrust laws by paying to delay the launch of a generic version of a laxative.
30 January 2025
US appeals court orders second look at DIFC-LCIA clause
A US appeals court has quashed a Louisiana court ruling that said a DIFC-LCIA arbitration clause was unenforceable because the designated forum no longer existed following its abolition by the Dubai government.
28 January 2025
US and Korean partners cool nuclear reactor dispute
A Korean state utility has agreed to settle a multibillion-dollar dispute with its US partner over nuclear reactor technology – as an unrelated arbitration kicks off over a project in the United Arab Emirates.
27 January 2025