The decision of an ICSID tribunal earlier this year refusing to throw out a claim by Canadian energy company Niko Resources after it found there was no proof of corruption has now come to light.
02 August 2019
Canadian energy company Niko Resources has launched a new ICSID claim worth US$100 million against Bangladesh and its national oil and gas company Petrobangla over withheld payments – after seeing off allegations of corruption in a separate arbitration that is now in its 10th year.
27 June 2019
A joint venture that was granted a US$2.4 billion concession to provide digital taximeter and ride-hailing technology for taxi cabs in Mexico City is the subject of a threatened NAFTA claim and a pending ICC arbitration, it has emerged.
20 June 2019
The Chartered Institute of Arbitrators has issued guidelines on witness conferencing in international arbitration that it hopes will help to “minimise the risks of the process going awry”.
30 April 2019
A Qatari pharmaceutical company and its founder have lodged a treaty claim against Saudi Arabia, saying its investments have been destroyed as a result of the continuing blockade of Qatar by its Arab neighbours.
29 March 2019
The Hong Kong International Arbitration Centre has added 11 new members to its council, meaning the institution’s governing body has a full complement of members.
15 March 2019
A South African oil exploration company has reportedly been awarded US$617 million in an ICC claim against the Democratic Republic of the Congo over the state’s failure to honour two oil contracts.
07 March 2019
An Australian company has asked a US court to confirm a US$20 million SIAC award against the Maldives relating to an immigration border control system that gave rise to allegations of corruption.
01 February 2019
The long awaited Prague rules, intended to give a more civil law flavour to arbitration procedure where desired, have launched in the Czech Republic, with one speaker saying they are “here to help arbitration live up to its reputation.”
07 January 2019
The Prague rules were launched on 14 December at an event at Martinic Palace, a Renaissance palace in Prague.
07 January 2019
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