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INVESTMENT TREATY ARBITRATION: Defining "investment" in shareholder claims

Tuesday, 5 February 2013 Featured In: Volume 8 - Issue 1 (Vol. 8 Iss. 1)

Markus Burgstaller and Jonathan Ketcheson of Hogan Lovells in London report on the recent decision of an ICSID tribunal in Standard Chartered Bank v Tanzania and ask whether a shareholder needs to play an active role in making an investment in order to bring an investment treaty claim.

MONEY COLUMN: It just can’t compare

Monday, 4 February 2013 Featured In: Volume 8 - Issue 1 (Vol. 8 Iss. 1)

The Ecuadorean Amazon

Mark Kantor, an arbitrator in Washington, DC, considers the tribunal’s reasoning in the largest ICSID award ever rendered, in favour of US oil company Occidental against Ecuador, and its refusal to look at comparable sales transactions in making its damages determination.

SINGAPORE: Institutional overreach?

Friday, 25 January 2013 Featured In: Volume 8 - Issue 1 (Vol. 8 Iss. 1)

Should institutions be able to substitute their own rules for what's in the arbitration agreement?

KC Lye and Yeo Chuan Tat, partner and associate at Norton Rose in Singapore, consider whether arbitral institutions are overreaching themselves when they include provisions in their rules empowering them to override the parties’ express agreement about the composition of the tribunal.

INVESTMENT TREATY ARBITRATION: When should an ICSID tribunal follow an earlier decision?

Wednesday, 23 January 2013 Featured In: Volume 8 - Issue 1 (Vol. 8 Iss. 1)

When should an ICSID tribunal follow earlier decisions?

A recent ICSID award against Ecuador considered the weight that should be given to decisions in earlier investment cases, and whether annulment decisions are more authoritative than the awards they annulled. Matthew Weiniger and Iain Maxwell of Herbert Smith Freehills report.

LITHUANIA: Arbitration agreement upheld in dispute over non-compete clause

Tuesday, 22 January 2013

Lithuanian flag

In a judgment late last year, Lithuania’s Supreme Court upheld an arbitration agreement in relation to a dispute over a non-compete clause, a decision which Giedre Cerniauske, an associate at LAWIN in Vilnius, says applied the country’s new law on commercial arbitration.

UK: The overshadowed issues arising from Jivraj v Hashwani

Friday, 30 November 2012

The soon-to-be replaced Archbishop of Canterbury Rowan Williams has spoken about sharia arbitration

Rani Mina and Philippa Charles, partners in the London office of Mayer Brown, consider the complex intersection between arbitration and equality legislation in light of the UK Supreme Court decision in Jivraj v Hashwani and a proposed bill to amend the 1996 Arbitration Act – a topic that has been overshadowed by the implications of Jivraj for London-seated arbitration.

SINGAPORE: The Astro approach to attempts to resist enforcement

Friday, 2 November 2012

The Singapore Supreme Court, which houses the High Court, with Swisshotel Stamford to the right

Anthony Cheah Nicholls of King & Spalding in Singapore, discusses how a recent Singapore High Court judgment arising from an arbitration between Malaysia’s Astro and Indonesia’s Lippo has defined the relationship between setting aside and resisting enforcement of arbitral awards in Singapore.

SINGAPORE: Sundaresh Menon’s first judgment

Tuesday, 23 October 2012

Judge of Appeal Sundaresh Menon, soon to be Chief Justice

Paul Tan of Rajah & Tann and Darius Chan of Freshfields Bruckhaus Deringer report on the former Singaporean Attorney General’s first arbitration-related judgment as an appeal court judge.

INDIA: From Bhatia to Balco - Where do we go from here?

Monday, 22 October 2012 Featured In: Volume 7 - Issue 6 (Vol. 7 Iss. 6)

The Balco judgment

On 6 September, the Supreme Court of India pronounced its much-awaited verdict in the case of Bharat Aluminium v Kaiser Aluminium Technical Services – or Balco – and overruled two unhelpful judgments that were hindering Indian arbitration. Dipen Sabharwal and Aditya Singh of White & Case consider the judgment and what should happen next

SINGAPORE: How are the chips stacked in interim relief applications?

Monday, 22 October 2012

Stacked poker chips

The Singapore High Court recently dismissed an application to set aside an interim anti-suit injunction granted by an arbitral tribunal, showing the judiciary’s robust commitment to the efficiency of the arbitral process and non-interventionist stance. Darius Chan of Freshfields Bruckhaus Deringer reports on the decision, in PT Pukuafu Indah v Newmont Indonesia Limited.

INVESTMENT TREATY ARBITRATION: Security for costs at ICSID – an extreme proposition

Friday, 19 October 2012 Featured In: Volume 7 - Issue 6 (Vol. 7 Iss. 6)

Matthew Weiniger and Andrew Cannon of Herbert Smith Freehills in London report on a recent ICSID annulment committee decision affirming the principle that security for costs may only be issued in "extreme circumstances".

ISRAEL: Supreme Court upholds strength of arbitration clauses

Wednesday, 10 October 2012 Featured In: Volume 7 - Issue 6 (Vol. 7 Iss. 6)

The case came before the Israeli Supreme Court in Jerusalem three times. The court building was donated to Israel by the Rothschild family and opened in 1992.

Peter Gad Naschitz, Helen Raziel and Shay Tzfoni, of Naschitz Brandes in Tel Aviv, report on nearly a decade of litigation concerning whether a case between Israeli and Singaporean companies should be conducted in the Israeli courts or through SIAC arbitration, and on the jurisdiction and power of the Israeli courts to stay proceedings in favour of arbitration.

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