Organisation: US Securities and Exchange Commission

The Hong Kong Court of First Instance has refused to enforce an ICDR award in an education franchise dispute on the basis that the arbitrator failed to give reasons for her conclusions about key issues.

23 May 2024

A US digital health services provider has won an ICC award worth over US$110 million against the sellers of an Indian healthcare business over their refusal to relinquish control of the company after the sale.

26 March 2024

UPDATED: A Swiss cryptocurrency exchange has lodged a US$3 billion ICSID claim against Bulgaria after it was subjected to criminal investigations for alleged money laundering and other offences that found no evidence of wrongdoing. 

22 January 2024

The Singapore High Court has refused to stay a representative action brought by users of collapsed cryptocurrency company Terraform despite a SIAC arbitration clause in its terms and conditions.

01 December 2023

The US Supreme Court yesterday refused to hear Petrobras’s appeal against the confirmation of an ICDR award that required it to pay an offshore drilling company for terminating a contract allegedly procured through bribery.

23 February 2021

Brazil’s national oil and gas company Petrobras has asked the US Supreme Court to halt the enforcement of an ICDR award that required it to pay US$700 million to an offshore drilling company for terminating a contract allegedly procured through bribery.

03 February 2021

A US fuel cell manufacturer has launched a US$200 million ICC claim against South Korea’s largest private energy producer for alleged breaches of technology licences – and says it has a third-party funder lined up to finance the case.

29 June 2020

US rapper and entrepreneur Jay-Z has reached a settlement with New York-based clothing company Iconix which ends a US$200 million American Arbitration Association claim where the rapper raised concerns about a lack of diversity in the institution’s roster of arbitrators.

26 November 2019

The Hong Kong International Arbitration Centre is hearing a dispute between the majority shareholder of a Cayman-registered satellite technology start-up and its US founders, who say they suffered retaliation after raising concerns about alleged Chinese government influence over the project.

10 October 2019

The owner of a premier gaming resort in Manila has been ordered to pay over US$296 million to a Las Vegas casino operator in a Singapore-seated UNCITRAL case – as it seeks to set aside an earlier award it alleges was procured by fraud and corruption.

30 September 2019