Industry: Food Producers & Processors

Rwanda and Côte d’Ivoire face ICSID claims

A sanctioned Belgian businessman has made good on his threat to file a US$50 million ICSID claim against Rwanda over the seizure of a gold refinery, while Côte d’Ivoire is defending a contractual claim at the centre over an abattoir project. 

04 November 2024

Ukrainian egg tycoon fails to move racketeering suit to arbitration

A Ukrainian businessman in the egg industry has failed to persuade a US court that a US$800 million racketeering lawsuit brought against him by US investment fund manager Gramercy belongs in LCIA arbitration.

29 August 2024

French court rejects corruption challenge in Cameroon food venture dispute

A French court has rejected a Cameroonian businessman’s attempt to set aside an ICC award in favour of a Spanish food group based on allegations it terminated their partnership to benefit from corrupt links with Nigerian officials.

25 June 2024

Tiger-prawn investors win claim against Gambia

A split ICSID tribunal has ordered the Gambia to pay damages to Swedish and Australian investors over the expropriation of their tiger-prawn farming business by the government of former president Yahya Jammeh.

27 March 2024

US appeals court enforces ICSID award against Venezuela

A US appeals court has upheld the enforcement of two tortilla flour producers’ US$626 million award against Venezuela, finding that it could not second guess an ICSID annulment committee’s refusal to recognise counsel designated by the country’s government-in-exile.

14 December 2023

Kellogg spin-off brings claim against Venezuela

A spin-off of US food manufacturer Kellogg has brought a treaty claim against Venezuela over the alleged expropriation of its factory and unauthorised use of its trademarks in the state.

10 November 2023

Iranian pursues treaty claim against Azerbaijan

An Iranian businessman’s investment treaty claim against Azerbaijan has got underway at the Permanent Court of Arbitration in The Hague.

05 January 2023

Tanzanian plane remains grounded despite ICSID stay

A Swedish investor that won a US$165 million award against Tanzania has persuaded a Dutch court to uphold the attachment of an aircraft owned by the east African state, even though ICSID has stayed enforcement pending annulment proceedings.

29 November 2022

Ice cream maker’s Israel boycott to go to arbitration, as US suit frozen

A claim over US ice cream maker Ben & Jerry’s boycott of Israel is to be arbitrated in New York following a partial stay of US court proceedings.

24 June 2022

Poland defeats second bid to revive treaty claim

The Paris Court of Appeal has for a second time rejected a bid to revive a US$125 million treaty claim against Poland over the collapse of a vegetable fats business, even after the US claimants were permitted to raise new jurisdictional arguments they hadn’t made in the arbitration.

31 May 2022

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