A US appeals court has upheld a decision to enforce a US$21 million UNCITRAL award against Argentina – despite the state’s allegations that Swiss arbitrator Gabrielle Kaufmann-Kohler had a conflict of interest due to her role as a director in Swiss bank UBS.
04 July 2018
PricewaterhouseCoopers has updated its 2015 research into the assessment of damages in investor-state cases with an examination of 21 new publicly available awards, finding that tribunals are taking an increasingly proactive approach to closing the gap between claim values quantified by claimant and respondent experts – and even sometimes choosing to ignore both.
06 December 2017
A Barbadian trust manager has applied to annul an ICSID award rejecting its US$400 million claim against Venezuela - arguing that the tribunal erred when it concluded that a trustee lacked jurisdiction to bring a claim.
17 August 2017
Sidley Austin's co-head of international arbitration Stanimir Alexandrov, who has faced recent suggestions of conflict of interest in investor-state cases, is leaving the firm after 15 years to set up his own practice as an arbitrator.
02 August 2017
An ICSID committee has refused to annul an award for over US$380 million issued against Argentina in a dispute over a Buenos Aires water concession, holding that the tribunal reasonably rejected allegations that Swiss arbitrator Gabrielle Kaufmann-Kohler had a conflict of interest owing to her role as director of Swiss bank UBS.
08 May 2017
Argentina has made good on its promise to settle two investment treaty awards, paying out more than US$200 million in bonds to third parties that purchased the rights to the claims.
26 October 2016
Argentina has failed to set aside an investment treaty award on the basis of allegations that Swiss arbitrator Gabrielle Kaufmann-Kohler had a conflict of interests – as the state applies to ICSID to annul another award issued by the same arbitrators.
05 October 2016
24 June 2016
16 May 2016
16 February 2016
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