In a blow to Venezuelan president Nicolás Maduro, a London court has ruled that the UK government “unequivocally” recognises Juan Guaidó as the country’s interim president in a battle for control of the state's gold reserves held by the Bank of England.
02 July 2020
A London court battle between Venezuela’s rival leaders for control of the country’s gold reserves held by the Bank of England will also determine the outcome of an LCIA case over which administration should receive US$120 million in proceeds from a gold swap, it has emerged.
25 June 2020
Two affiliates of London-based private equity firm Bridgepoint Advisers have applied to a court in Washington, DC, to enforce a €77 million ICSID award against Spain relating to reforms to the country's incentives regime for wind energy.
28 April 2020
A group of UK investors in the thermosolar power sector have become the latest of Spain’s arbitral creditors to apply for enforcement in the US courts – making their award public for the first time.
26 March 2020
A day after Spain secured a rare victory, it has emerged that an ICSID tribunal has rejected the bulk of another claim against the state over renewable energy reform – but ordered the parties to reach an agreement over compensation due for retroactive measures.
04 December 2019
A US court has granted Deutsche Bank an anti-suit injunction in aid of an ICC arbitration over a failed US$175 million asset sale in Mexico, days after an emergency arbitrator denied the counterparty’s request for interim relief.
21 October 2019
Deutsche Bank has asked a US court for an anti-suit injunction against a Mexican bank in aid of an ICC case over a US$175 million sale that stalled in the wake of money laundering allegations.
19 September 2019
Ukraine’s state-owned Privatbank has confirmed that partial awards have been issued in two LCIA arbitrations worth a combined US$375 million arising from a bail-in conducted after the bank's nationalisation.
31 July 2019
International arbitration looks set to be one of the few ‘City’ activities not dented by Brexit – according to a diverse panel at GAR Live London last year that included names from Australia, Singapore and Paris.
26 April 2019
Spain has applied to annul a €64.5 million ICSID award that compensated an Emirati-owned investor for changes to the country’s subsidy regime for renewable energy – as another decision that held the state liable over the reforms comes to light.
10 April 2019
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