Organisation: Deloitte

Subsidiaries of two US hedge funds have brought the first known investment treaty arbitration against Portugal, which relates to the collapse of one of the country’s largest banks.

17 November 2022

A conference in Prague considered how arbitrators and quantum experts should deal with the impact of sanctions, counter-sanctions and high inflation. Tatiana Rukhliada, Martin Kozak and Katerina Skryjova of PwC in Prague report.

23 September 2022

UPDATED: A Singaporean private equity firm has persuaded an ICC tribunal that it may force the chairman of one of South Korea’s largest insurance providers to purchase US$340 million in shares – while failing to secure an order for the sale as the correct valuation had not been put forward.

14 June 2022

UPDATED: The chairman of one of South Korea’s largest insurance providers is reportedly facing a second ICC claim by shareholders seeking to force him into a US$1.8 billion purchase of shares under a put-option clause.

04 March 2022

A Japanese beverages group says it has launched SIAC proceedings to terminate two joint ventures in Myanmar over concerns about its local partner’s links to the military that seized power in the country earlier this year.

06 December 2021

A South African oil company has obtained a default judgment from a US court enforcing a US$619 million ICC award against the Democratic Republic of the Congo over contracts for four petroleum blocks.

16 September 2021

An ICC tribunal has refused to order the chairman of one of South Korea’s largest insurance providers to purchase shares in the company at a price of US$1.8 billion despite finding he was in breach of a put-option clause.

06 September 2021

The Federal Court of Australia has ruled that litigation between an Australian food and beverage group and a US farmers’ cooperative over the licensing of almond milk products should be stayed in favour of an ICDR arbitration in California.

17 March 2021

A Dutch court has largely lifted attachments on Albanian government oil revenues previously granted to Italian investors seeking to enforce a €110 million ICSID award.

10 February 2021

The Dutch Supreme Court has set aside a decision upholding a US$5.2 billion attachment against Kazakhstan’s sovereign wealth fund over an Energy Charter Treaty award – while several US hedge funds with an interest in the award face renewed fraud allegations.

08 January 2021