Revealed: ICSID ad hoc committee hearing highway concession dispute with Peru rejects investor’s request for partial annulment of award that only granted a fraction of the damages claimed

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[Updated with Award] Tribunal majority finds treaty breach in electricity transmission dispute with Chile, but arbitrators dismiss other claims and award less than the damages sought

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Subsidiary of Russian partially state-owned transport and logistic operator at the centre of controversial takeover secures 1.8 billion USD LCIA award against company controlled by former Russian oligarch

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Analysis: In recently-surfaced LCIA award against Mexican state-owned energy facility, tribunal finds that co-claimants have standing and are entitled to use-or-pay port services charges for contract’s entire duration; arbitrators order reimbursement of improperly called operational guarantee

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Singapore court sets aside ICC award in freight dispute involving Indian state-owned entity, with significant portions cut-and-pasted from earlier arbitrations, finding apparent bias on presiding arbitrator’s part and lack of fair hearing

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Analysis: US court grants attachment and execution order supporting ICC award against Iraqi port authority, rejecting arguments of sovereign immunity and lack of proper service

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Analysis: US Court of Appeals finds that public policy ground can be invoked to oppose award’s enforcement even if no timely application for vacatur was filed, but rejects corruption allegations raised by Venezuelan state entity

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Analysis: In rail and port concession arbitration against Mozambique, tribunal majority finds that notion of investment has inherent meaning which does not cover pre-investment activities, declining jurisdiction ratione materiae over the case

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Analysis: Contractor is awarded damages under airport security contract with Afghanistan’s Civil Aviation Authority; Afghan agency struggles to find counsel, participate in arbitration

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Analysis: US appeals court refuses to affirm enforcement of award against Djibouti, expressing doubts about Quinn Emanuel’s authority to represent port operator

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Analysis: ICSID tribunal hearing airport dispute with Peru awards 91 million USD after ruling on outstanding damages issues; arbitrators grant tax gross-up

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Analysis: Svea Court of Appeal declines to rule on jurisdictional objection upheld by arbitral tribunal in bifurcated proceeding, finding that court’s scope of review in set-aside proceedings is limited to issues decided by arbitral tribunal

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Analysis: ICSID tribunal finds that Uruguay breached BIT by exacerbating financial difficulties of local airline through inconsistent, imprudent, and irrational conduct

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Uncovered: Tribunal in Grand Express v. Belarus declares claims inadmissible after finding that claimant defrauded its Belarusian partner and sent falsified documents to Eurasian Development Bank

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Analysis: In Air Canada v. Venezuela, ICSID tribunal upheld jurisdiction over treaty claims and awarded 20 million USD in damages for breach of legitimate expectations

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Analysis: ICSID tribunal finds that Peru’s attempted unilateral termination of airport concession violated the contract and the Argentina-Peru BIT, but sees no bad faith by the state; parties are directed to make additional submissions on implementation of costs-based quantum approach

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[Updated with a copy of the Decision] Parties in airport arbitration against Peru issue diverging statements regarding ICSID tribunal’s Decision on jurisdiction, liability, and principles on quantum

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