Work Area: Enforcement and set-aside
Dutch Supreme Court rules in four Crimea cases
The Dutch Supreme Court has rejected Russia's appeals relating to three investment treaty cases brought by Ukrainian investors over assets seized in Crimea, including one case worth billions, while partly upholding the state's appeal in a fourth case.
06 December 2024
Swedish court consults CJEU over Russia sanctions
A Swedish court has said it will seek a preliminary ruling from the Court of Justice of the European Union over the interpretation of the “no claims” provision in the EU’s Russia sanctions regulation.
06 December 2024
Port operator drops US action against Djibouti
An affiliate of DP World has dropped its effort to enforce LCIA awards worth US$485 million against Djibouti in the US – months after an appeals court said the east African state was entitled to question Quinn Emanuel Urquhart & Sullivan’s authority to represent the company.
05 December 2024
Spain denied rehearing in US battle over ECT awards
A US appeals court has refused Spain’s request for a rehearing of its challenge to the enforcement of Energy Charter Treaty awards worth a combined €360 million plus interest in favour of renewable energy investors.
04 December 2024
Delaware court to overhaul Citgo sale process
The Delaware court overseeing the auction of Venezuela’s US refinery business Citgo Petroleum is set to overhaul the process after the country’s arbitral creditors refused to support a proposed US$7 billion sale.
02 December 2024
Mayer Brown event explores choices of seat
A London event hosted by Mayer Brown discussed market trends in the selection of arbitral seats, recent English court decisions on anti-suit injunctions, and the expected impact of the UK’s pending arbitration reforms.
02 December 2024
North Macedonia liable over refusal to enforce ICC award
The European Court of Human Rights has upheld a Polish roadbuilder’s complaint against North Macedonia over its courts’ refusal to enforce an ICC award – while declining to grant pecuniary damages.
29 November 2024
Argentina loses bid to block enforcement of Webuild award
A US court has rejected Argentina’s bid to dismiss an action to enforce a US$21.3 million ICSID award won by Webuild 13 years ago, rebuffing the state’s arguments that application was time-barred.
27 November 2024
Ontario appeal court overturns ruling on arbitrator bias
The Ontario Court of Appeal has reinstated an award in an espresso bar franchise dispute that had been set aside because of the sole arbitrator’s failure to disclose his appointment in unrelated proceedings by the claimant’s counsel.
26 November 2024
ICSID creditor targets Uruguay’s assets in Luxembourg
An affiliate of New York private equity firm Tenor Capital says it has attached Uruguay’s assets in Luxembourg as it seeks to execute a US$61.1 million ICSID award it won over the collapse of the state’s flag carrier airline.
19 November 2024