Region: France

Naftogaz targets Russian assets in France

Ukraine’s Naftogaz says it has taken a “first step” towards seizing Russian state-owned assets in France to satisfy a US$5 billion investment treaty award – while in a separate dispute it is hit with a billion-dollar penalty by a Russian court over its failure to halt an ICC arbitration. 

17 April 2025

Mexico faces ICSID claim over hydrogen project

A French industrial gases company has brought an ICSID claim against Mexico following the expropriation of a hydrogen plant.

08 April 2025

Working group proposes French arbitration code

Ahead of Paris Arbitration Week, a working group set up by France’s Ministry of Justice to reform the country’s arbitration law has delivered its proposals, which include the creation of a single arbitration code.

31 March 2025

Foley Hoag hires from Sidley Austin

Iain Sandford, who recently represented multiple states in landmark cases over climate change, has left Sidley Austin to join the partnership at Foley Hoag in Paris. 

25 March 2025

Kuwait defeats claim linked to 1MDB scandal

A Syrian-French national who was convicted for his role in Malaysia’s 1MDB scandal has lost a US$750 million ICSID claim against Kuwait over court actions targeting his publishing business, despite the tribunal finding due process violations in some of the legal proceedings against him. 

18 March 2025

Paris court lifts attachment of Iraqi state assets

A Paris court has blocked a Dutch supplier of night vision goggles from executing a two-decade-old pair of ICC awards against Iraqi state assets that were previously frozen because of EU sanctions.

07 March 2025

Rail consortium brings claim against Uruguay

An engineering consortium led by Spain’s Sacyr says it has brought an arbitration against Uruguay over outstanding payments relating to a US$1.5 billion rail project.

25 February 2025

French Court of Cassation rejects Libya’s challenges to treaty awards

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

GBS Disputes promotes two to counsel

Gaillard Banifatemi Shelbaya Disputes has promoted two senior associates to counsel: Frankfurt-based Yael Ribco Borman, who has experience of cases relating to Latin America and the Iberian region, and Abu Dhabi-based energy disputes specialist Peter Frilay.

07 February 2025

French uranium investor brings second claim against Niger

A French state-owned nuclear fuels company has filed a second claim against Niger over its uranium mining investments – having already filed a case against the state over a separate project.

22 January 2025

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