Industry: Energy
Assignee enforces another renewables award against Spain
A Delaware entity that was assigned the rights to a €23.5 million ICSID award against Spain relating to renewable energy reforms has won an order for its enforcement in a US court.
27 September 2024
Russian court enforces Vietnam power plant award
UPDATED. A Russian court has enforced a US$500 million SIAC award won by a sanctioned Russian engineering group against Vietnam’s national oil and gas company – despite a stay of enforcement issued by the Singapore courts.
23 September 2024
London court lifts freeze on Luton Airport assets
Spain’s state-owned airport operator says an English court has unfrozen assets relating to London’s Luton Airport, which had been targeted by one of the state’s ICSID creditors.
20 September 2024
ICC to hear Indian-Indonesian coal supply dispute
Indian electric utility Tata Power is facing an ICC claim brought by an Indonesian contractor over supply of coal to a power plant in Mumbai – and says it has filed counterclaims increasing the value of the dispute to more than US$335 million.
20 September 2024
Bahrain builds disputes hub with series of decrees
Bahrain continues apace in the development of its planned disputes hub, with a new English-speaking international commercial court and enhanced arbitration offering, after issuing a series of edicts and decrees.
17 September 2024
Petrobras defeats shareholder claim over Lava Jato
Brazil’s state-run oil and gas company Petrobras says it has defeated an arbitration brought by an association on behalf of shareholders who suffered losses arising from the Lava Jato corruption scandal.
17 September 2024
Cicchetti award challenged in Madagascar power plant dispute
A US engineering company has challenged an ICDR award issued by Canadian arbitrator Tina Cicchetti in a dispute over a Madagascar power plant, alleging that the arbitration was “fundamentally unfair”.
11 September 2024
Finland faces first ICSID claims
Finland is facing its first-ever ICSID cases – a pair of Energy Charter Treaty claims brought by investors in the country’s largest electricity distribution network.
27 August 2024
Albania wins ECT dispute over power plant project
A tribunal chaired by Jan Paulsson has rejected an Austrian investor’s Energy Charter Treaty claim against Albania over a failed power plant project.
23 August 2024
Derains removed from Italian solar case over alleged issue conflict
Leading French arbitrator Yves Derains has been disqualified from hearing a Chinese solar panel producer’s ICSID claim against Italy over an alleged issue conflict stemming from his role as arbitrator in an earlier case against the state.
21 August 2024