Work Area: Commercial arbitration
Chilean group makes fresh bid to enforce against Webuild
The holder of a concession for a Chilean hospital project has launched a fresh action in the US to enforce a US$146 million award against Italy’s Webuild – months after a court in Delaware refused to confirm the award.
09 January 2025
Mexican utility to settle gas dispute with Goldman Sachs
Mexico’s state electric utility has reportedly agreed to pay US$300 million to a Goldman Sachs entity to settle an LCIA dispute over a debt triggered by a spike in gas prices after a freak storm.
08 January 2025
Singapore court revives ICC claim over Pakistani gas blocks
The Singapore International Commercial Court has ruled that an ICC tribunal was wrong to decline jurisdiction over a claim against a Pakistani oil and gas company and must continue hearing the case.
08 January 2025
Gazprom venture settles Kazakh gas supply dispute
An affiliate of Russia’s Gazprom says it has settled a billion-dollar arbitration with an Eni-Shell consortium over supply of gas from the Karachaganak field in Kazakhstan.
02 January 2025
Canadian company reports win in Pakistani gas dispute
A Canadian energy company says that an ICC tribunal has confirmed its ownership of a stake in two gas blocks in Pakistan – while also rejecting counterclaims worth US$483 million.
20 December 2024
Canadian miner declares victory in dispute with Rio Tinto
A Canadian mining company says it has won an arbitration against subsidiaries of Rio Tinto over one of the world’s largest copper and gold projects in Mongolia.
20 December 2024
Singapore appeal court rejects forgery challenge to Indian power plant award
The Singapore Court of Appeal has refused to set aside a SIAC award ordering India’s Reliance Infrastructure to pay US$146 million to a Chinese energy group, rejecting allegations that the underlying guarantee was forged.
19 December 2024
Dutch court permits enforcement of billion-dollar award against Indian state entity
A Dutch appeal court says a subsidiary of defunct telecoms group Devas Multimedia can enforce a US$1.4 billion ICC award against an Indian state-owned satellite company, finding that Indian court rulings liquidating Devas and setting the award aside lacked due process.
18 December 2024
LCIA award looms in Ethiopian railway dispute
A Turkish construction company and Ethiopia’s embattled state railway company are awaiting an LCIA award in a dispute reportedly worth US$2.6 billion over a project that was delayed by civil war.
17 December 2024
GBS Disputes promotes three to partner
Gaillard Banifatemi Shelbaya Disputes has announced the election of three new partners who all trained under the late Emmanuel Gaillard: Youssef Daoud, Anders Junker-Nilsson and André Marini.
17 December 2024