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Out-of-court settlement with Nissan likely, State govt. tells HC
The State government told the Madras High Court that an out-of-court settlement was likely in its long-running dispute with Japanese automaker Nissan.
Precedent-setting ICSID arbitration award in favor of the Republic of Panama now final and binding
Claimants failed to seek an annulment of the 12 October 2018 award, which dismissed the totality of claimants’ claims against the Republic of Panama.
UFG denies reaching settlement agreement with Egypt
The Spanish Union Fenosa Gas (UFG) denies media reports that any settlement has been reached with Egypt in regard to the $2 billion dispute about the gas supply to the Damietta Liquefied Natural Gas plant.
South Korean Government’s assets about to be seized
Iran’s Dayyani group started a procedure to seize the South Korean government’s assets in the Netherlands after winning its investor-state dispute against it. This is the first time that such a procedure has been initiated against the South Korean government.
Lawyers warn on legality of EU approved investment
Lawyers have warned that the European investment agreement with Singapore, endorsed by the EU Parliament, may not be compatible with the law.
Hague arbitration court rules in favor of PrivatBank against Russia on bank assets seized in Crimea – bank
The Permanent Court of Arbitration has announced a partial arbitration decision in favor of PrivatBank and against Russia. The question of the amount of compensation is left for the next stage of the arbitration proceedings.
Advocate General Bot in Opinion 1/17 on CETA
This critical analysis of the AG’s Opinion will quickly recall the background and implications of the case before commenting on the most controversial points of the AG’s reasoning.
Latin America dispute resolution update – the latest developments in cross-border disputes involving the US and Latin America (February 2019)
New claims against Latin American countries. Ecuador, Argentina and Uruguay pass new investment and arbitration laws.
US glass firm sues Venezuela to collect $500 million expropriation award
US glass container maker Owens-Illinois Inc has sued Venezuela and state-owned companies as it seeks to collect a $500 million arbitration award over the 2010 nationalization of two plants.
Croatia waiting for ICSID ruling in case brought by Hungary's MOL
Arbitration proceedings which the Hungarian energy group MOL has launched against Croatia before the ICSID in Washington are still ongoing and a ruling is pending, and Croatia has contested the jurisdiction of the arbitration tribunal.