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West Africa Round-Up: New developments in arbitrations involving Ghana and Nigeria
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Western Africa Round-Up: A $70 million loss for Ghana, Angola is set to ratify the ICSID Convention, a new ICC tribunal in a dispute involving Ivory Coast, and a mining mediation with the Central African Republic
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Revealed: ICSID ad hoc committee in Cortec v. Kenya opines that supplementary decision mechanism is the proper remedy for infra petita awards, and dismisses bid to annul finding that investment treaties contain an implicit legality requirement
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Kenya defeats bid to annul mining award that read implicit legality requirement into the Kenya-UK BIT
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[UPDATED WITH FULL ANALYSIS]: ICSID annulment committee upholds award against The Gambia, dismissing claim of improper tribunal constitution
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Hungary fails to annul award in favour of French investor at ICSID
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ICSID annulment committee orders continuation of stay of enforcement, subject to pledge of IP rights as security
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ICSID taps former Freshfields partner to chair annulment committee that will review Kenyan arbitral award
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Three are named by ICSID to hear Hungary’s effort to annul intra-EU BIT award
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An update on under-the-radar arbitral rulings that address Achmea objection
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Panel of Cremades, McRae and Chen weigh in on conditions for stay of enforcement of mining award against Gambia, and effect of domestic liquidation process on investor’s power to hire counsel
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Analysis: In a striking new award, ICSID tribunal rules that Achmea judgment does not cast shadow over ICSID-based arbitration; but efforts to empanel ad-hoc committees to review such intra-EU BIT awards keeps getting harder
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In Karkey v. Pakistan, ad-hoc committee weighs into debate as to whether stays are exceptional, and if an attorney-general pledge has any weight
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Three are named by ICSID to hear Pakistan’s bid to overturn hefty $800+ million arbitration loss
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Trio are named to hear Hungary’s annulment bid in Edenred case
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