Court: Commercial Court (England and Wales)

The LCIA has appointed a referee to resolve a dispute between Shell and a UK supplier of crude oil after the pricing structure in their contracts was affected by European sanctions against Russia.  

26 January 2024

An English court has upheld an LCIA award favouring a Pakistani gas distributor in a dispute with a power plant operator, rejecting arguments that the sole arbitrator determined the claim on a basis that had not been pleaded.

25 January 2024

A London judge has refused permission to appeal his earlier ruling that an US$11 billion award against Nigeria was obtained by fraud – which the state says brings a “final end” to one of the most high-profile disputes in the field of arbitration.  

21 December 2023

A UK court has granted a London-listed gaming software group’s request to restrain Mexican litigation brought by its local business partner in favour of an ICC arbitration.

11 December 2023

After ruling that an US$11 billion award against Nigeria was obtained by fraud, a judge in London has decided it should be set aside rather than remitted to the arbitrators for reconsideration.

08 December 2023

The Commercial Court in London has found that Russia cannot invoke sovereign immunity as a defence to enforcement of awards worth nearly US$60 billion won by the former majority shareholders of Yukos Oil Company.

01 November 2023

A jailed oligarch who claims he is the victim of a Russian state-led conspiracy to seize nearly US$14 billion worth of his assets has failed to obtain UK injunctions against various parties involved in the alleged scheme – as details emerge of two related LCIA arbitrations.

01 November 2023

Nigerian senior advocate Olasupo Shasore, who was accused by his country of accepting bribes to deliberately under-perform as lead counsel in its arbitration with P&ID, has been cleared of corruption by the Commercial Court in London.

27 October 2023

Practitioners have been reacting to the landmark decision by the Commercial Court in London to set aside a US$11 billion award against Nigeria on grounds of fraud – reflecting on its impact and asking whether there are lessons to be learned. 

27 October 2023

A Trafigura subsidiary has moved closer to seizing Ghanaian state properties in London to satisfy a US$140 million award after a court ruled the state didn’t need to be served with interim charging orders through diplomatic channels.

12 October 2023