STOCKHOLM, Sweden — Gazprom of Russia on June 15 announced that a Swedish court has granted its request to suspend the enforcement of a $2.6 billion arbitration award issued in a dispute over a contract for gas transit.
By Brendan Reilly and Tim O’Shannassy
By Mark W. Lerner and Jonathan L. Shapiro
WASHINGTON, D.C. — Two companies from Portugal and Luxembourg on June 8 filed a petition in a District of Columbia federal court to confirm a $233,975,416 arbitral award issued in their favor and against the Bolivarian Republic of Venezuela by the International Centre for Settlement of Investment Disputes (ICSID) (Tenaris S.A, et al. v. Bolivarian Republic of Venezuela, No. 1:18-cv-01373, D. D.C.).
WASHINGTON, D.C. — A District of Columbia federal judge on June 7 refused to confirm a Malaysian arbitral award issued against the government of India and its Ministry of Petroleum and Natural Gas, finding that enforcing specific performance of a part of the award, which would require India to allow the company to regain access to a geographic block to determine the viability of a reserve of natural gas there, would violate U.S. public policy (Hardy Exploration & Production [India] Inc. v. Government of India, et al., No. 16-140, D. D.C., 2018 U.S. Dist. LEXIS 95965).
WASHINGTON, D.C. — Ghana on June 5 filed its opposition in a District of Columbia federal court to a request made by two energy firms seeking an order allowing them to begin attachment and enforcement efforts to obtain payment of a $11.75 million international arbitral award, arguing that they are not authorized to begin attachment efforts and that they have not identified the specific assets they seek to attach (Balkan Energy Limited, et al. v. Ghana, No. 1:17-cv-00584, D. D.C.).
STOCKHOLM, Sweden — The national oil and gas company of Ukraine on June 5 said a Dutch court has granted its petition to attach the assets of a Russian gas company’s shares in its subsidiaries in an attempt to satisfy payment of a $2.6 billion arbitral award.
MIAMI — After finding no basis for vacating a $14,829,243 arbitral award issued for an Australian environmental services firm, a Florida federal judge on May 23 confirmed the award and denied a motion to vacate filed by shareholders in an Ecuadorian engineering consulting services company (Cardno International Pty Ltd., et al. v. Carlos Diego Fernando, et al., No. 17-23964, S.D. Fla.).
MIAMI — After finding that an investor in a wine distribution company’s service in Brazil was proper and that no exceptions to enforcement of a Chilean arbitral award existed, a Florida federal judge on June 1 granted a Delaware company’s petition to confirm the award issued in its favor and against a shareholder in a dispute over a share purchase agreement (EGI-VSR, LLC v. Juan Carlos Celestino Coderch Mitjans, No. 15-20098, S.D. Fla., 2018 U.S. Dist. LEXIS 92714).
VIENNA — The Energy Community Secretariat’s Dispute Resolution Centre (EDRC) and the Vienna International Arbitral Centre (VIAC) announced June 2 that they have reached a cooperation agreement for dispute resolution.
NEW YORK — A gold mining company on May 29 filed a petition in a New York federal court, seeking to confirm an arbitral award issued in its favor in relation to an agreement for ownership of companies with gold mining rights in Chile (Global Gold Corporation v. Amarant Mining Ltd., et al., No. 7:18-cv-04723, S.D. N.Y.).
CENTRAL ISLIP, N.Y. — After finding that a New York company’s defenses to enforcement of an arbitral award lacked merit, a New York federal judge on May 30 granted a petition to confirm filed by a Chinese seller of dietary supplements (Tianjin Port Free Trade Zone International Trade Service Co., Ltd. v. Tiancheng Chempharm Inc., No. 17-CV-4130, E.D. N.Y., 2018 U.S. Dist. LEXIS 90106).
LONDON — The London Court of International Arbitration (LCIA) on May 30 said that several arbitrators have left the court after serving their term and that three new arbitrators were recently appointed.
Washington, D.C. — Energy firms on May 22 moved a District of Columbia federal court for an order allowing them to begin attachment and enforcement efforts in an attempt to satisfy payment of a $11.75 million award issued by the Permanent Court of Arbitration (PCA) against Ghana (Balkan Energy Limited, et al. v. Ghana, No. 1:17-cv-00584, D. D.C.).
SINGAPORE — The Singapore International Arbitration Centre (SIAC) on May 8 announced that it has appointed a new vice president.
SAN FRANCISCO — A provider of mediation and arbitration services center on May 9 announced the appointments of several new arbitrators to its panels.
SANTA ANTA, Calif. — After a California golf products company and its owners failed to respond to a Korean investor’s motion, a California federal judge on May 15 confirmed a $26,952,651 arbitral award for the investor in a dispute over tax issues (AJU Small but Great Fund 5 v. Apache Golf Inc., et al., No. 8:17-cv-01063, C.D. Calif.).
By Andy Moody, Judith Mulholland and Richard Molesworth
WASHINGTON, D.C. — An ad hoc committee of the International Centre for Settlement of Investment Disputes (ICSID) on May 18 issued a decision in an arbitration filed by investors in mining concessions, rejecting an application made by the Plurinational State of Bolivia to annul a $48,619,578 award (Quiborax S.A., et al. v. Plurinational State of Bolivia, ARB/06/02, ICSID).
PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on May 18 vacated a court’s decision ordering a Russian national to turn over assets held in a trust to assist in satisfying a $92 million arbitral award, finding that the order was premature because a Liechtenstein court is reviewing similar issues as those in the present case and has jurisdiction over the trust (Vitaly Ivanovich Smagin v. Ashot Yegiazaryan, ex rel., Nos. 16-55502, 16-56749, 17-56467, 9th Cir., 2018 U.S. App. LEXIS 13005).