Organisation: MBH Bank
Russian bank files claim against Barclays
A Russian state-owned development bank has filed a US$150 million LCIA claim against the UK’s Barclays Bank under a derivatives agreement, having previously argued that the contract’s arbitration clause was inoperative due to international sanctions.
29 July 2024
Qatari bank launches claim against Sudan
An affiliate of Qatar’s sovereign wealth fund that recently won a billion-dollar ICSID award against South Sudan has now filed a new claim against neighbouring Sudan and its central bank.
26 July 2024
Panel hears Kenyan electricity dispute
A tribunal is set to rule on a Spanish energy company’s under-the-radar claim against a Kenyan state-owned utility over a programme to provide electricity to impoverished areas of the country.
18 July 2024
US arbitrator survives challenge in ICSID case against Ukraine
A Luxembourg company part-owned by sanctioned Russian nationals has failed to disqualify US academic Sean Murphy from hearing its ICSID claim against Ukraine over a bank nationalisation.
15 July 2024
Bucharest event considers “critical developments”
The fifth edition of the Bucharest Arbitration Days included panels addressing ethics and conflicts of interest, the relationship with the courts, how institutions make appointments, modernisation of investment contracts and efforts to reform ISDS.
09 July 2024
Two new names go solo at Arbitra
Lara Hammoud has left her role as in-house counsel at the Abu Dhabi National Oil Company to practise as an independent arbitrator at Arbitra International, which also welcomes Ana Stanič to its roster.
08 July 2024
Who is sitting at ICSID?
Nine panels have formed at ICSID in recent weeks, including a first-time appointment for Bolivian practitioner Andrés Moreno.
05 July 2024
New names join ICSID roster
World Bank president Ajay Banga has added 20 names to ICSID’s panels of arbitrators and conciliators – while the US, China, Colombia and Pakistan are among the latest states to make designations.
04 July 2024
Lebanon defeats Greek contractor’s ICSID claim
An ICSID tribunal has dismissed a Greek company’s €417 million claim against Lebanon, finding that it abandoned a project to construct an electricity plant because of its own financial problems rather than any actions by the state.
24 June 2024
Uproar in India after ministry seeks to curb arbitration for public contracts
UPDATED: The Arbitration Bar of India has called on the government to withdraw new guidelines that seek to discourage the inclusion of arbitration clauses in domestic procurement contracts.
21 June 2024