Organisation: Goldman Sachs

An ICDR tribunal has awarded US$354 million to US private equity investors in a “deeply troubling” dispute with the majority shareholders of a Guatemala-based telecoms company, who were found to be responsible for a campaign of intimidation against the claimants and arbitrators. 

27 March 2025

Mexico’s state electric utility has reportedly agreed to pay US$300 million to a Goldman Sachs entity to settle an LCIA dispute over a debt triggered by a spike in gas prices after a freak storm. 

08 January 2025

A Russian court has allowed a Gazprom joint venture to seize over €700 million in assets held by UniCredit, Deutsche Bank and Commerzbank – defying UK court rulings that the litigation should be heard in ICC arbitration.   

20 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

Goldman Sachs has launched an LCIA claim against Malaysia after it accused the state of breaching a multibillion-dollar settlement over the US bank’s role in the 1MDB corruption scandal.

12 October 2023

Rajiv Luthra, a pioneer of the Indian legal market who played a key role in supporting and promoting the system of international arbitration and its institutions, has died aged 65.

23 June 2023

A group of investors in a terminated highway construction project have brought a contractual claim against Honduras at ICSID, as more details emerge about a separate claim by a financial services company. 

17 April 2023

An Abu Dhabi government-owned entity has agreed to pay US$1.8 billion to Malaysian sovereign wealth fund 1MDB to settle LCIA and London court proceedings relating to a multibillion-dollar fraud.

27 February 2023

An LCIA tribunal has ordered Mexico’s state-owned electric utility to pay US$22 million to a consortium of Spanish construction companies for cost overruns at a power plant project – as details emerge of a separate award issued against the utility last year.

04 October 2022

A Canadian energy infrastructure group says it has reached a deal with a Mexican state utility to develop a new US$4.5 billion offshore natural gas pipeline, bringing an end to a pair of LCIA arbitrations relating to existing onshore pipelines.

08 August 2022