Organisation: Ferrari

A Brazilian construction group has asked a US court to enforce a US$52 million ICC award against Venezuela’s national oil and gas company PDVSA over terminated contracts to build two gas processing facilities. 

02 May 2024

Eight new tribunals have been formed at ICSID in recent weeks, including a first-time appointment for Irish barrister Louise Reilly.

07 December 2023

An ICC tribunal has ordered Venezuela’s national oil and gas company PDVSA to pay around US$52 million to a Brazilian construction group for terminating contracts to build two gas processing facilities.

22 August 2023

An ICC panel is hearing a Lebanese businessman’s bid to revive a US$120 million claim against US-based Marriott International over a Beirut hotel that has spawned multiple arbitrations over the past two decades.

26 May 2023

Three partners at Ukrainian firm Eterna Law have been charged with fraud in Switzerland after a former arbitration client accused them of forging a legal services agreement.

02 December 2022

A company owned by Angolan billionaire Isabel dos Santos has lost a final appeal in the French courts relating to a US$646 million award, failing on arguments that the ICC was wrong to appoint all five members of the tribunal itself or that an arbitrator failed to disclose potential conflicts.

15 November 2022

Latvia has revealed it is facing an Energy Charter Treaty claim from a renewables investor, after successfully challenging the claimant’s original pick as arbitrator because of her counsel work in other cases.

31 October 2022

Dorothee Schramm has left the partnership at Sidley Austin to launch an independent arbitrator practice in Geneva and Zurich. 

01 September 2022

An ICDR panel has terminated a claim against Kazakhstan brought by a controversial businessman who has been accused of helping to launder US$440 million in stolen funds from the country.  

29 July 2022

Football clubs in Russia and Ukraine are united in anger at FIFA’s decision to allow their foreign players to suspend their contracts and leave in light of the war between the two countries, with teams from each filing claims at the Court of Arbitration for Sport.

21 July 2022