Industry: Transport

Swiss arbitrator Gabrielle Kaufmann-Kohler will preside over a sanctioned Belarusian state-owned entity's billion-euro investment treaty claim against Lithuania over a terminated fertiliser transport contract.

18 September 2024

Boeing has agreed to pay US$150 million to Brazilian aircraft maker Embraer to settle an arbitration after pulling out of a US$4.2 billion merger four years ago during the covid-19 pandemic.

17 September 2024

Glencore has applied to partially annul an ICSID award that dismissed the bulk of its claim against Colombia over a port facility – while Bolivia is seeking to overturn an ICC award won by Dutch oil giant Shell.

28 August 2024

A Russian court has refused to enforce a Stockholm Chamber of Commerce award against a local railcar maker, citing the “legal aggression” of international sanctions against Russia as well as the nationalities of certain arbitrators on the tribunal. 

22 August 2024

Iraq and one of its state-owned entities have failed to reverse the confirmation of a US$120 million ICC award relating to the construction of a sea wall after a US court rejected their sovereign immunity arguments. 

22 August 2024

A French court has allowed a Chinese investor to seize planes owned by the Nigerian government as it seeks to enforce a US$81 million investment treaty award.

19 August 2024

A divided US appeal court has rejected Nigeria’s sovereign immunity defence to the enforcement of a US$70 million investment treaty award won by a Chinese investor in a free trade zone. 

12 August 2024

Air Canada has asked a US court to enforce a US$20 million ICSID additional facility award against Venezuela over earnings the state refused to convert from bolivars to US dollars.

02 August 2024

UAE budget airline Air Arabia is reportedly preparing to launch arbitration against Armenia over their joint venture to create the country’s national flag carrier. 

18 July 2024

UPDATED WITH COUNSEL. An HKIAC tribunal has ordered the operator of an airport in southern China to pay US$38 million to a Chinese private equity fund over an aborted share sale – a case where the claimant initially sought almost US$900 million in damages. 

08 July 2024