Organisation: Philips

Peter & Kim continues expansion with Seoul hire

Peter & Kim has hired SeungMin Lee, a former K-Pop artist, from Shin & Kim as a partner in Seoul – shortly after it opened an office in Singapore as the firm continues to expand rapidly since launching last year.

22 June 2020

Insurers can’t escape payout for pollution suits

A US court has upheld awards in two separate cases requiring insurers to provide coverage to Philips 66 and ExxonMobil for lawsuits over pollution caused by a gasoline additive.

01 June 2020

Papua New Guinea court halts US$3 billion claim

The Supreme Court of Papua New Guinea has blocked a US-owned timber company from pursuing a US$3 billion UNCITRAL claim against the state, ruling that an arbitration clause referring to a now-defunct local institution was “inoperative and unenforceable”.

28 February 2020

Iran fails in appeal over EU sanctions

The Court of Appeal in London has confirmed that Iran’s Ministry of Defence is not entitled to interest that has accrued on a £128 million ICC award against a UK state-owned entity following the imposition of EU sanctions – saying the measures were intended to have “confiscatory consequences.”

13 February 2020

Russian refinery fails to lift freezing order in LCIA dispute

An English court has upheld a worldwide freezing order against a bankrupt Russian refinery in support of an ongoing LCIA arbitration that has already seen one partial award worth €208 million in favour of a Swiss commodities trader.

05 February 2020

Ukrainian oligarch settles telecoms dispute

Ukrainian businessman Rinat Akhmetov’s SCM Group has settled a dispute over the sale of a telecoms company that gave rise to a US$820 million LCIA award and high-profile asset freezes in England, Cyprus and the Netherlands.

01 October 2019

IBA committee appoints new slate of officers

The International Bar Association’s arbitration committee has announced its new line-up for 2020, with Philippe Pinsolle of Quinn Emanuel Urquhart & Sullivan and Gaëtan Verhoosel of Three Crowns to serve as co-chairs and Samaa Haridi of Hogan Lovells as senior vice chair.

27 September 2019

What next for Asia Pacific?

On the eve of the signing of the Singapore Mediation Convention, an IBA event in the city-state considered the shift in global and economic power to the Asia-Pacific region and its implications for arbitral practice. Anand Shankar Tiwari and Wong Yan Yee of WongPartnership report

15 August 2019

Iran denied interest on ICC award because of EU sanctions

An English court has ruled that a UK government-owned supplier of military vehicles is not liable to pay interest on a £128 million award in favour of Iran’s Ministry of Defence that has accrued while it has been subject to EU sanctions.

25 July 2019

Stephenson Harwood barrister joins Howard Kennedy

Duncan Bagshaw, a barrister who has worked on a number of Africa-related disputes, has joined London firm Howard Kennedy as a partner from Stephenson Harwood.

20 March 2019

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