Work Area: Enforcement and set-aside

Toronto-listed mining company Gold Reserve says a Portuguese court has confirmed its decade-old investment treaty award against Venezuela now worth more than US$1.1 billion. 

25 February 2025

A task force set up by the International Bar Association’s arbitration committee has recommended the drafting of guidelines for an autonomous standard of res judicata to promote consistency in international commercial arbitration.

25 February 2025

The Court of Appeal in London has upheld a charge on a London property linked to Libya’s former leader Muammar Gaddafi, siding with a US defence contractor seeking to collect a £16 million ICC award against the state.

20 February 2025

A US court has refused to enforce a telecoms company’s US$25 million ICC award against Guinea, disagreeing with the findings of the tribunal and the courts of the seat that the state was a party to the arbitration agreement. 

20 February 2025

A Swedish court has rejected a Cypriot entity’s bid to set aside an SCC award that declined jurisdiction over its €884 million investment treaty claim against Moldova relating to an airport concession.

18 February 2025

A Spanish construction consortium says that Mexico’s state-owned electric utility has paid a US$22 million LCIA award over cost overruns at a power plant project – as the utility faces a bid to enforce another award. 

14 February 2025

The French Court of Cassation has rejected Libya’s bid to set aside a US$51 million investment treaty award based on corruption allegations – and upheld a jurisdictional decision against the state in a separate case.  

13 February 2025

A US court has refused to set aside an award ordering US pharmacy chain Walgreens to pay US$988 million in a dispute over covid-19 testing, rejecting allegations the sole arbitrator was biased and ignored a liability cap.

13 February 2025

A US magistrate has said that a US$44 million UNCITRAL award won by a Jamaican-Canadian billionaire against the Dominican Republic should be upheld, despite the state alleging it was procured through fraud.

11 February 2025

The Ontario Court of Appeal has set aside a NAFTA award that dismissed a US motorcycle manufacturer’s US$3 billion claim against Mexico, agreeing with a lower court's finding that the conduct of the state’s appointed arbitrator gave rise to an appearance of bias.  

05 February 2025