Industry: Financial services investment banking & brokerage

A UK court has agreed to consider Barclays’ challenge to the jurisdiction of a sole arbitrator hearing an LCIA claim worth US$150 million brought by a Russian state-owned development bank – a dispute the British bank says must be heard in the English courts.

26 November 2024

Withers says it is preparing to launch investment treaty claims against Switzerland on behalf of investors across Asia and the Middle East affected by the write-down of Credit Suisse bonds.

23 May 2024

The Commercial Court in London has restrained a Russian state-owned development bank from pursuing a US$155 million lawsuit in Moscow against the UK’s Barclays Bank, finding their derivatives dispute should be heard in LCIA arbitration.

08 May 2024

A South African investment fund has applied to courts in New York and Chicago to enforce a US$60 million LCIA award against a Ghanaian businessman arising from a loan guarantee.

06 September 2023

Hong Kong investors affected by the write-down of Credit Suisse bonds are reportedly preparing an investment treaty claim against Swizerland – weeks after an Australian funder announced it would back another group of bondholders represented by Allen & Overy.

05 September 2023

The Democratic Republic of the Congo is facing a new ICSID case from a Swiss banking group, as ICC claims by a Kazakh-owned mining group and a South African law firm also come to light.

29 August 2023