Organisation: US Department of State

Shareholder claims: what’s wrong with them?

The second Emmanuel Gaillard Debate saw Andrea Bjorklund and Mohamed Shelbaya address the increasingly prevalent and problematic issue of shareholder claims – and specifically claims for reflective loss – in investment arbitration. 

14 September 2023

Amirfar on international adjudication and global crises

In the latest Lalive lecture, Catherine Amirfar argued that, despite its critics, international adjudication still has an important role to play in peacefully resolving global crises and that one must look at the details of a case and surrounding events to understand its true contribution. Simon Bianchi of Lalive reports.

04 July 2023

Canadian court affirms Russia can present new evidence in Yukos challenge

A Canadian appeals court has confirmed that Russia can present new evidence in its challenge to a jurisdictional award in a US$700 million Energy Charter Treaty claim brought by an investor in defunct oil company Yukos.

08 June 2023

Iraq and Turkey see award in multibillion oil dispute

UPDATED: An ICC tribunal has awarded just under US$1.5 billion to Iraq in a decade-long dispute with Turkey over crude oil exports from the semi-autonomous Kurdistan region – though Turkey says it defeated most of the claims and has also been granted compensation.

27 March 2023

ICSID round-up: awards, a new claim and a disqualified arbitrator

Kuwait has defeated a claim brought over a billion-dollar road project at ICSID, while awards have been issued in cases involving the United Arab Emirates and Côte d’Ivoire, Bahrain faces a new claim and a former US government official has been disqualified from hearing a case against his home country.   

03 January 2023

Uruguay enforces costs award against failed ICSID claimant

A US court has enforced an ICSID award requiring a Florida telecoms company to pay nearly US$6 million in costs plus interest to Uruguay following an unsuccessful treaty claim that was backed by a third-party funder.

24 June 2022

Donovan joins Arbitration Chambers in New York

Leading arbitrator and former head of international disputes and public international law at Debevoise & Plimpton Donald Francis Donovan is to join Arbitration Chambers in New York. 

15 June 2022

Oligarchs plan another treaty claim against the US

Entities controlled by Ukrainian oligarchs Igor Kolomoisky and Gennadiy Bogolyubov have revealed that they plan to file a third treaty claim against the United States related to assets that have been targeted by authorities over alleged money laundering.

24 May 2022

Uruguay chases ICSID claimant over costs award

Uruguay has asked a US court to enforce an ICSID award requiring a Florida telecoms company to pay nearly US$6 million in costs following an unsuccessful treaty claim that was backed by a third-party funder.

07 December 2021

Hungary fails to upend another intra-EU BIT award

An ICSID committee has upheld a €5.2 million award in favour of a Portuguese cake and biscuit producer against Hungary, ruling that it is not bound by the European Court of Justice’s ruling on intra-EU bilateral investment treaties in the Achmea case.  

20 July 2021

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