finance | banking | taxes


India pushes Cairn to settle tax with fresh interest demand
The Indian government nudges Cairn to accept the terms of its tax dispute settlement scheme instead of pursuing the international arbitration route.
JKX Oil battle continues as Ukraine files application to UK High Court
Ukranian authorities have now applied to the UK High Court asking to set aside the recent UNCITRAL arbitration award against Ukraine and in favour of JKX.
The Hague Arbitration Court recognizes Russia's obligations to protect Ukrainian investors in Crimea after annexation
Russia must bear responsibility for protecting Ukrainian investors in Crimea after its annexation under the Russian-Ukrainian bilateral investment treaty.
Tribunal confirms ₹10,247-cr tax demand on Cairn UK
The tax dispute between the Indian government and Cairn Plc has been the subject of international arbitration from 2014.
IT dept lifts freeze on Cairn dividend payout
The tax demand was challenged by Cairn Energy through an international arbitration where it also made a case against the dividend freeze
Cyprus and Greece lock legal horns over bail-in
Greek investors claim that they were discriminated against and lost millions in the bail-in of Cypriot bank deposits some four years and have launched legal action against Cyprus.
Manas Bank v. Kyrgyz Republic: Paris Appeals Court annuls $16.5 million award for Valeri Belokon
The Paris Appeals Court annuled $16.5 million award for Latvian businessman Valeri Belokon and reinstated the evidence that Manas Bank employees were engaged in money laundering.
Australia’s march towards corporatocracy
While consultancies, political donations, secondments and staff movements magnify corporate influence over government, an equally sinister trend is playing out in the world of multinational corporations.
International tribunal awards JKX Oil USD12.0 million in damages
JKX Oil said the tribunal found the government of Ukraine was in breach of elements of the bilateral investment treaty between the UK and Ukraine.
TiSA - draft annex on financial services (Nov 2016)
From November 2016 negotiating round