Region: Switzerland

US biotech company Novavax has agreed to pay US$400 million to settle an ICC claim brought by global health organisation Gavi over a cancelled contract to supply covid-19 vaccines to low and middle-income countries. 

22 February 2024

A split ICSID tribunal has rejected a Swiss investor’s €175 million damages claim against Spain after concluding that the state’s reforms to its renewable energy regime resulted in only a limited breach of the Energy Charter Treaty.

22 February 2024

GAR has identified the practitioners who appeared in two gas price review arbitrations involving German state-owned energy group Uniper, including a previously unreported case against Dutch supplier GasTerra.

08 February 2024

Swiss-French national Alexandre Mazuranic has left White & Case to join the partnership at BMG Avocats in Geneva.

24 January 2024

A Geneva appeal court has upheld guilty verdicts against British lawyer Matthew Parish and three other men over their involvement in a fake arbitration while reducing their sentences and acquitting one of his former associates.

22 January 2024

UPDATED: A Swiss cryptocurrency exchange has lodged a US$3 billion ICSID claim against Bulgaria after it was subjected to criminal investigations for alleged money laundering and other offences that found no evidence of wrongdoing. 

22 January 2024

Anna Kozmenko has left Schellenberg Wittmer to rejoin Curtis Mallet-Prevost Colt & Mosle as partner in the Geneva office.

04 January 2024

The Swiss Arbitration Centre has named Christopher Boog as the new president of its arbitration court, which has also gained four new members.

05 December 2023

A Swiss-based mining group has made good on its threat to file an investment arbitration against Liberia after its rights to an iron ore mining project were allegedly transferred to a competitor. 

14 November 2023

A publicly owned Swiss company has brought an Energy Charter Treaty claim against Germany over its investment in a coal power plant.

23 October 2023