Organisation: Toshiba
Russian court enforces Vietnam power plant award
UPDATED. A Russian court has enforced a US$500 million SIAC award won by a sanctioned Russian engineering group against Vietnam’s national oil and gas company – despite a stay of enforcement issued by the Singapore courts.
23 September 2024
Singapore court asks panel to revisit Vietnamese power plant award
A Singapore court has remitted a US$500 million SIAC award won by a sanctioned Russian engineering group against Vietnam’s national oil and gas company to the tribunal to hear further submissions on whether the underlying contract was validly terminated.
13 August 2024
DIS launches third-party notice rules
The German Arbitration Institute (DIS) has introduced supplementary rules that allow for the use of notices to contractually bind third parties to awards.
21 May 2024
Sanctioned Russian company wins Vietnamese power plant dispute
UPDATED. A sanctioned Russian engineering company has won more than US$500 million in a SIAC arbitration with Vietnam’s national oil and gas company, after defeating a much larger counterclaim.
12 February 2024
New leadership at German young group
The German Arbitration Institute’s under-40 group, DIS40, has appointed three new co-chairs.
07 June 2023
PetroVietnam faces claim from sanctioned Russian company
A Russian engineering company hit with US sanctions has reportedly brought a SIAC claim against state-owned PetroVietnam over a stalled project to build a US$1.3 billion power plant.
04 November 2019
New year, new silks
UPDATED. David Brynmor Thomas, Stephen Fietta, Christopher Harris, Mark Levy, Aloke Ray, Dipen Sabharwal and Guglielmo Verdirame all feature on the list of new Queen’s Counsel released today.
10 January 2019
Toshiba settles with Western Digital
UPDATED Japanese technology maker Toshiba has settled a trio of ICC arbitrations with joint venture partner Western Digital and will proceed with the US$18 billion sale of its flash memory unit to a consortium led by Bain Capital.
15 December 2017
Toshiba hit with third ICC claim in flash drive dispute
US data storage company Western Digital has filed a third ICC claim against Toshiba in a dispute over a joint venture to manufacture flash memory drives - as it prepares to sell its memory chip business for US$18 billion.
21 September 2017
Toshiba faces claim ahead of semiconductor auction
US data storage company Western Digital has confirmed that it will be seeking arbitration with Toshiba to halt an auction of the Japanese conglomerate’s US$20 billion microchip business.
15 May 2017