News
Bahrain fails to overturn Iranian banks’ award
A Dutch court has upheld an investment treaty award ordering Bahrain to pay €214 million to two Iranian state-owned banks for the “politically motivated” expropriation of their local banking venture in the wake of the 2015 Iran nuclear deal.
23 April 2025
Brigitte Stern: a force of nature
Brigitte Stern was celebrated in a film screened at the GAR Awards in Paris, with colleagues highlighting her accomplishments as an arbitrator, international law professor and artist.
23 April 2025
Brigitte Stern shares path to becoming an arbitrator at GAR Awards
GAR’s lifetime achievement award winner Brigitte Stern looked back on her life and career, and shared insights into how she made the transition from university professor to leading investor-state arbitrator, at the GAR Awards.
23 April 2025
Former pipeline operator brings ICSID claim against Ecuador
An Argentine-owned energy company has launched an ICSID claim against Ecuador over the state’s failure to release it from US$100 million worth of guarantees issued in connection with the handover of a major oil pipeline.
23 April 2025
Myanmar faces first ICSID case
An Australian mining company that left Myanmar in the wake of its 2021 military coup has launched an ICSID claim against the southeast Asian state, invoking a regional free trade agreement.
23 April 2025
Freshfields promotes in three cities
Freshfields has promoted Rohit Bhat in Singapore, Joshua Kelly in London and Katharina Shingler in Frankfurt to the partnership.
23 April 2025
Korea drops challenge to hedge fund's award
South Korea has said it will not pursue a further appeal over a US$43 million investment treaty award in favour of US hedge fund Mason Capital after a Singapore court rejected its annulment bid earlier this year.
22 April 2025
Ethiopia faces claim over potash project
A British Virgin Islands-registered mining company is bringing an arbitration against Ethiopia after its licence for a potash project was revoked.
22 April 2025
UK court rules India’s immunity not precluded by New York Convention
The Commercial Court in London has ruled that India’s ratification of the New York Convention is not in itself a waiver of sovereign immunity from the jurisdiction of the English courts in an action to enforce a US$194 million investment treaty award.
22 April 2025
Russia fails to stop enforcement of Crimea award
A US court has refused to dismiss a bid by Ukraine’s largest private energy company to enforce a US$267 million treaty award against Russia over the expropriation of its Crimean assets.
22 April 2025