A Dutch court has refused to enforce a billion-dollar ICC award against an Indian state-owned entity, finding that the applicant was no longer authorised to act on the award creditor’s behalf.
20 July 2023
A US court has dismissed a Chinese asset management group’s bid to enforce a US$145 million HKIAC award against the former chairman of a smart ride technology company, saying it lacks jurisdiction over him.
19 July 2023
UPDATED: South Korea has applied to set aside an investment treaty award that requires it to pay US$108 million to New York hedge fund Elliott Associates for intervening in an US$8 billion merger, as the award becomes publicly available.
18 July 2023
Chinese telecoms group Huawei is taking counsel from Simmons & Simmons in a potential investment treaty claim against the UK.
13 July 2023
A joint venture between Kuwait’s Agility and France’s Orange has asked a US court to enforce a US$1.6 billion ICC award against an Iraqi businessman over its investment in a mobile operator.
06 July 2023
Hong Kong’s highest court has affirmed that it is for arbitrators – and not courts – to decide whether a party has complied with pre-conditions to arbitration in an escalation clause.
30 June 2023
The Singapore Court of Appeal has ruled that India cannot keep enforcement proceedings relating to a US$140 million investment treaty award under wraps since confidentiality had already been lost – including through news coverage in GAR and a LinkedIn post by the state’s lawyers.
13 June 2023
An UNCITRAL tribunal has ignored a Mauritian court order enjoining investors in insolvent satellite company Devas Multimedia from pursuing their US$640 million treaty claim against India, as the claimants accuse the state of going “scorched earth” since the case was filed.
19 May 2023
A Singapore court has allowed Deutsche Telekom to enforce its US$140 million investment treaty award against India over a cancelled satellite deal, dismissing allegations the German company was complicit in fraud.
12 May 2023
A Swiss court has refused to revise a US$132 million investment treaty award won by Deutsche Telekom against India, declining to rule on allegations the award was tainted by illegality.
17 April 2023
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