Mealey's International Arbitration

  • May 23, 2017

    Federal Judge Confirms $2.9M Award In Favor Of Verasonics Inc.

    SEATTLE — A Washington federal judge on May 19 granted a petition filed by the maker of ultrasound devices and technology to medical researchers to confirm a $2,914,000 arbitral award issued in relation to a breach of nondisclosure agreements (Verasonics Inc. v. Alpinion Medical Systems Co., Ltd., No. 14-1820, W.D. Wash., 2017 U.S. Dist. LEXIS 76694).

  • May 23, 2017

    ICSID Issues 1st Order In Laos Gaming Industry Arbitration

    WASHINGTON, D.C. — A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on May 19 released the first procedural order in an arbitration commenced by Lao Holdings N.V. against the Lao People's Democratic Republic in relation to the alleged breach of a settlement agreement, establishing the procedural framework of the case (Lao Holdings N.V. v. Lao People's Democratic Republic, No. ARB[AF)/16/2], ICSID).

  • May 23, 2017

    PCA Holds 1st Meeting In UNCLOS Arbitration Filed Against Russia

    THE HAGUE, Netherlands — The Permanent Court of Arbitration (PCA) on May 22 said that it has held the first meeting in an arbitration commenced by the Ukraine against the Russian Federation in a dispute over coastal state rights, establishing a procedural framework for the case (Ukraine v. The Russian Federation, No. 2017-06, PCA).

  • May 23, 2017

    PCA Reaches Cooperation Agreement With Istanbul Arbitration Centre

    THE HAGUE, The Netherlands — The Permanent Court of Arbitration (PCA) on May 18 said that it has reached a cooperation agreement with the Istanbul Arbitration Centre (ISTAC).

  • May 22, 2017

    COMMENTARY: Cakes, Goulash And Denial Of Justice: Can A Court’s Violation Of Its Own Domestic Bankruptcy Law Constitute A Breach Of An Investment Treaty?

    By Carlos J. Bianchi

  • May 17, 2017

    ICSID Rejects Venezuela's 4th Request To Disqualify Arbitrator In Treaty Case

    WASHINGTON, D.C.— Two members of a tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on May 15 rejected the fourth request filed by the Bolivarian Republic of Venezuela to disqualify an arbitrator in a case filed by two Venezuelan entities who assert violations of a bilateral investment treaty, finding that it failed to show that the arbitrator's assistant is employed by a law firm that allegedly represented interests that were adverse to Venezuela (Fabrica De Vidrios Los Andres C.A., et al. v. Bolivarian Republic of Venezuela, No. ARB/12/21, ICSID).

  • May 17, 2017

    ICSID To Hold Merits Hearing In Guinea Mining Rights Arbitration

    WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on May 16 announced that it will hold a hearing on jurisdiction and the merits in an arbitration commenced by a Guernsey mining company against the Republic of Guinea in relation to the alleged revocation of mining titles (BSG Resources Limited, BSG Resources [Guinea] Limited and BSG Resources] Guinea] SARL v. Republic of Guinea, No. ARB/14/22, ICSID).

  • May 17, 2017

    ICC Announces Establishment Of Team To Administer Arbitrations In Brazil

    PARIS — The International Court of Arbitration of the International Chamber of Commerce (ICC) on May 4 announced that it has expanded operations with the creation of a case management team in Sao Paulo, Brazil. 

  • May 16, 2017

    Chevron: No Legal Issue In Lago Agrio Case Warrants High Court Review

    WASHINGTON, D.C. — Chevron Corp. on May 15 filed a brief in the U.S. Supreme Court arguing that, with regard to the petition for writ of certiorari filed by a group of Ecuadorian residents and their attorney who challenge a fraud ruling with regard to an $18.5 billion judgment they previously won against the company, there is no legal issue warranting the Supreme Court’s review (Steven Donziger, et al. v. Chevron Corporation, No. 16-1178, U.S. Sup.).

  • May 10, 2017

    Singapore Judge Affirms Denial Of Leave To Serve Order Enforcing PCA Award

    SINGAPORE — A Singapore judge on May 8 affirmed a register's decision to deny a group of investors’ ex parte application to serve an order enforcing an international arbitral award on the Kingdom of Lesotho's attorneys, finding that the State Immunity Act does not require granting leave to serve outside of the appropriate jurisdiction (Josias Van Zyl, et al. v. Kingdom of Lesotho, No. [2017] SGHC 104, Singapore Sup.).

  • May 9, 2017

    ICSID Committee Rejects Argentina's Request To Annul $380M Award

    WASHINGTON, D.C. — An ad hoc Committee for the International Centre for Settlement of Investment Disputes (ICSID) on May 8 released its decision rejecting an application filed by the Argentine Republic to annul a $380 million award issued in favor of claimants that invested in water distribution and waste water systems in Argentina (Suez, Sociedad General de Aguas de Barcelona S.A., and Vivendi Universal S.A. v. The Argentine Republic, No. ARB/03/19, ICSID).

  • May 9, 2017

    ICSID Launches New Website Detailing Rule Amendment Project

    WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICISD) on May 9 announced that it has launched a web page for its Rule Amendment Project.

  • May 5, 2017

    Judge Orders Costa Rican Company To Produce Emails To Del Monte

    MIAMI — A Florida federal magistrate judge on May 2 granted a request by Del Monte International GMBH for production of documents, finding that a Costa Rican entity did not meet its burden of establishing all the elements of the common interest doctrine in relation to the requested information (DelMonte International GMBH v. Ticofrut S.A., No. 16-23894, S.D. Fla.).

  • May 4, 2017

    Federal Judge Confirms $29.29M ICC Award Issued In Pineapple Sale Dispute

    MIAMI — A Florida federal judge on May 2 rejected all of a Costa Rican company's objections to confirmation of a $29,290,440 international arbitral award issued in favor of Del Monte International GMBH (Inversiones Y Procesadora Tropical Inprotsa, S.A. v. Del Monte International GMBH, No. 16-24275, S.D. Fla., 2017 U.S. Dist. LEXIS 66544).

  • May 4, 2017

    ICSID Secretary General Discusses Reforms At NYIAC Lecture

    NEW YORK — The New York International Arbitration Centre (NYIAC) on May 3 announced that the secretary general of the International Centre for Settlement of Investment Disputes (ICSID) outlined the top areas for reform of the ICSID rules and regulations at a recent lecture held at the NYIAC. 

  • May 2, 2017

    Court Enforces $1.8B LCIA Award For Mobile Service Provider In India

    TOKYO — A Japanese mobile service provider on May 1 announced that an Indian court has found that an arbitral award issued in its favor is enforceable in India and ordered a teleservices company to pay it $1.18 billion in satisfaction of the ruling.

  • May 2, 2017

    Brazilian Company Seeks Confirmation Of Award In New York Federal Court

    NEW YORK — A Brazilian intermediary of securities and derivatives for investment funds on April 28 filed a petition to confirm a Brazilian arbitral award in the amount of $3,588,347 that was issued in its favor in relation to another entity's breach of its obligations to make a bonus payment under a service agreement (TBC Consultoria em Investimentos Financeiros Ltda. v. Gradual Corretora de Cambio, Titulos e Valores Mobiliarios S.A., et al., No. 17-cv-3145, S.D. N.Y.).

  • April 26, 2017

    Claimant In Newspaper Seizure Actions Requests Termination Of ICSID Cases

    WASHINGTON, D.C. — The former owner of a Chilean newspaper, who asserted claims against the Republic of Chile for damages in the amount of $422 million that were dismissed, on April 21 filed an application to terminate cases in which he requested that the award be interpreted and a case seeking rectification of the award (Victor Pey Casado and Foundation Presidente Allende v. Republic of Chile, No. ARB/98/2, ICSID).

  • April 26, 2017

    Company Seeks To Annul Award Issued In Treaty Arbitration With Argentina

    WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on April 25 registered an application filed by a German company to partially annul an award issued in an arbitration commenced against the Argentine Republic in a dispute over a concession for the construction of a toll road and bridges in Argentina (Hochtief AG v. The Argentine Republic, No. ARB/07/31, ICSID).

  • April 24, 2017

    Mitchell Silberberg & Knupp Add Attorney To International Dispute Practice

    WASHINGTON, D.C. — Mitchell Silberberg & Knupp on April 6 announced that Alexandra “Xander” Meise has joined the firm’s international disputes practice.