A US court has confirmed an ICC award worth US$1.3 billion in favour of a Colombian state-owned entity over an oil refinery project, aiding its pursuit of recovery from insurers.
14 January 2025
A California renewables company says it has agreed to pay €45 million to settle a dispute over Greek solar power assets that gave rise to arbitration and litigation in Malta, Greece and the US.
14 January 2025
The holder of a concession for a Chilean hospital project has launched a fresh action in the US to enforce a US$146 million award against Italy’s Webuild – months after a court in Delaware refused to confirm the award.
09 January 2025
The Singapore Court of Appeal has refused to set aside a SIAC award ordering India’s Reliance Infrastructure to pay US$146 million to a Chinese energy group, rejecting allegations that the underlying guarantee was forged.
19 December 2024
A Dutch appeal court says a subsidiary of defunct telecoms group Devas Multimedia can enforce a US$1.4 billion ICC award against an Indian state-owned satellite company, finding that Indian court rulings liquidating Devas and setting the award aside lacked due process.
18 December 2024
The Court of Appeal in London has upheld an earlier ruling that refused to enforce a €855 million Spanish court judgment over a major oil spill, finding a related arbitral award made enforcement contrary to English public policy.
16 December 2024
A Beijing court has rejected a Chinese conglomerate’s bid to set aside a US$250 million CIETAC award won by a Singapore investment company over the failed sale of a car manufacturer.
16 December 2024
A Singapore court has refused to enforce an award issued in an allegedly fraudulent Chinese arbitration over shares in a French fashion group, after the applicant failed to comply with a peremptory order to disclose documents relating to the dispute.
12 December 2024
A Russian court has ordered Germany’s Commerzbank to withdraw a €95 million ICC case against a Gazprom affiliate over a guarantee for a gas plant project and seek to overturn an English anti-suit injunction issued in support of the arbitration.
11 December 2024
A US court has paused a bid by a subsidiary of Kuwait’s Agility to enforce a US$490 million judgment against the Kurdistan regional government of Iraq, after the group refiled a related ICSID claim.
09 December 2024
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