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Tribunal could decline to order production of evidence on admissibility issue, court finds
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Paris court rules that scope and validity of arbitration agreement should be assessed independently of law governing the main contract
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Belatedness of claim prompts tribunal to depart from “costs follow the event” principle
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While contract is null and void, tribunal declines to provide anything beyond declaratory relief
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Tribunal cannot seek preliminary ruling from CJEU
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EU law exceptions for public policy, public security, and military goods are not applicable
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Offsets Contract breached EU law principle of free movement of goods
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Principle of separability is well accepted in international arbitration law, as well as under Greek law
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Tribunal declines to re-issue provisional measures in the form of a partial award
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French lex arbitri is applicable to request for provisional measures
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Background: Dispute over provision of fire-fighting aircrafts land parties in ICC arbitration
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Counter-guarantee of letter of credit cannot be honoured in view of Ministry’s fraud
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Ministry’s decision to draw on letter of credit “by any and all means, no matter how repugnant they may be”, was fraudulent
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Foreign judgments that sanction state impunity and disregard of tribunal orders would violate public policy
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Background: Before aircraft contract is found to be invalid, Greek ministry draws on letter of credit posted with local bank
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No breach of international public policy
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Alleged links between arbitrator and respondent are “sparse and dated”
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Links known to the claimant since 2019 acquired salience only in light of later discovery of further connections between arbitrator and respondent
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Background: Energy project falters, and claimant fails to disqualify arbitrator in ensuing ICC proceedings
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Failure to provide ELA funding to Laiki-owned subsidiary was discriminatory
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Contemporaneous buyout offer does not reflect fair market value, as it came when claimant’s subsidiary was already meant to be sold
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Tribunal can show “some flexibility” with burden of proof on causation
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No arbitrariness in regulator’s failure to answer request when the claimant itself failed to comply with agreed procedure
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Respondent ordered to pay part of Laiki’s legal expenses, and to bear the costs of the arbitration in full, plus interest
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