Topic: Public policy

A Swedish court has said it will seek a preliminary ruling from the Court of Justice of the European Union over the interpretation of the “no claims” provision in the EU’s Russia sanctions regulation.

06 December 2024

A US appeals court has upheld the confirmation of a US$188 million award against a Venezuelan state-owned mining company, holding that its corruption allegations failed because they attacked the underlying contract and not the award itself.

23 August 2024

A federal court in Los Angeles has enforced a US$52 million ICC award against a South Korean airline relating to a “lucrative” catering contract, rejecting arguments that it would contravene US public policy against financial crimes.

26 June 2024

Belgium’s Court of Cassation has reinstated an investment treaty award that ordered Poland to pay US$10 million to a US hedge fund over a denial of justice. 

30 April 2024

The French Court of Cassation is poised to rule on whether an allegedly corrupt “wedding gift” to Libreville’s former mayor justified the annulment of an ICC award against Gabon – a case that practitioners hope will settle controversy over the French courts’ approach to corruption allegations. Kevin Cubeddu of Latham & Watkins, who attended the court hearing last month, reports.

14 March 2024

A Cayman court has upheld the enforcement of an LCIA award requiring disclosure of records relating to a former Abraaj Group investment fund that holds a US$1.6 billion stake in a Karachi power utility.

09 February 2024

A Singapore court has thrown out a challenge by India’s Reliance Infrastructure to a US$146 million SIAC award won by a Chinese energy group based on allegations the underlying arbitration agreement was forged.   

01 February 2024

The Paris Court of Appeal has refused to revive an ICC claim against an Ethiopian state agency based on an arbitrator’s alleged ties with a partner at Clyde & Co – including their participation on a roundtable at Paris Arbitration Week.

17 January 2024

A Hong Kong court has ruled that a pair of HKIAC awards favouring a Chinese property developer in a US$147 million dispute should be remitted to arbitrator Neil Kaplan KC as they arguably conflict with Hong Kong public policy following a recent change to the law on illegality.

10 January 2024

A Japanese billionaire is too late to oppose the enforcement of an award requiring him to pay US$55 million to a US law firm for work under a contingency fee arrangement, a judge in Hong Kong has found.

10 November 2023