Organisation: United Nations Security Council
How to deal with economic sanctions
A panel at GAR Live Vienna considered the impact of economic sanctions on international arbitration, including whether arbitrators have a duty to enforce sanctions, defences based on force majeure and the difficulties faced by institutions in taking payment of fees.
02 December 2019
IBA committee publishes report on ISDS reform
The International Bar Association’s subcommittee on investment treaty arbitration has released a long-awaited report proposing solutions aimed at improving its consistency, efficiency and transparency and weighing up the idea of replacing it with a permanent investment court.
03 December 2018
Ukrainian bank wins billion-dollar award against Russia
UPDATED. Ukrainian state-owned bank JSC Oschadbank has been awarded US$1.1 billion plus interest and costs in an investment treaty claim against Russia over the expropriation of its business and assets in Crimea in the wake of the state’s annexation of that region in 2014.
26 November 2018
Post-sanctions Iran: considerations for international oil companies
The easing of sanctions as a result of the 2015 Iran nuclear deal has opened up the Iranian market to foreign investors in a manner not seen since before the Iranian Revolution of 1979. Richard Devine, Patrick Murphy and Daniel Smith, partners and associate at Clyde & Co in Dubai, consider the likely role of international arbitration in resolving disputes featuring oil companies under the new regime, should it survive the Trump administration.
02 March 2017
Rule of law forgotten. The justice of the Yukos case – an investor view
Yesterday GAR published an article by Andrey Kondakov, director general of the International Centre for Legal Protection set up by the Russian department of justice to fight the Yukos shareholders. Here, Tim Osborne, director of the shareholders’ holding company GML, hits back with an investor view of the justice of the Yukos case.
30 August 2016
Wood focuses on inter-state disputes in Lalive Lecture
The choice between arbitration and permanent courts to resolve the rising number of inter-state disputes was the subject of this year’s Lalive Lecture, delivered by Sir Michael Wood, the former principal legal adviser at the UK Foreign and Commonwealth Office who now practises from 20 Essex Street in London. Lalive associate Tessa Hayes reports.
12 August 2016
Lord Goldsmith responds to Chilcot findings
06 July 2016
