Industry: Conglomerates & holding

The Commercial Court in London has enforced a US$325 million LCIA award obtained by the China National Petroleum Corporation's Chad subsidiary against a Geneva-based oil dealmaker, ruling that an appeal was time-barred.

27 November 2024

Finland’s Fortum Oyj says it has settled its €200 million ICC dispute with a Danish manufacturer over Russian wind projects – as Russia instructs counsel in a separate treaty claim lodged by the Finnish state-owned company. 

11 October 2024

An ICC tribunal has ordered a Chinese manufacturer to pay US$72 million in a dispute with a Brazilian renewable energy company over the supply of modules for a solar power project.

05 October 2023

The Swiss Federal Supreme Court has rejected South Sudan’s bid to overturn a partial award in a US$2.7 billion ICC dispute with a Lebanese-owned mobile operator over a licence issued before the state gained independence.

31 August 2023

A UK appeal court has affirmed that a judge who granted ex parte enforcement of an investment treaty award against Nigeria did not have to undertake further investigation of sovereign immunity issues in circumstances where the state missed a deadline to challenge the order.

25 July 2023

Thailand’s Stark Corporation says it is facing a €608 million claim at the German Arbitration Institute, or DIS, after pulling out of a deal to buy an automotive cable business. 

13 June 2023