International Arbitration Newsletter - July 2019
The Multilateral Investment Court Project: The ‘Judicialization’ of Arbitration?
Lino Torgal & Cláudia Saavedra
The United Nations Commission on International Trade Law is working on the creation of a multilateral investment court (MIC), a body that would replace the old EU bilateral Investor-State Dispute Settlement system.
Regional Overview
- Brazil. Petrobras settles award payment but reserves right to appeal
- Mexico. Mexico utility brings gas pipeline claim against US Sempra Energy
- Mexico. Mexican taxi dispute leads to ICC and NAFTA claims
- Peru. Peru faces ICSID claim in electricity generation dispute
- Venezuela. Venezuela defeats enforcement of treaty claim by US shipbuilder
- Albania. ICSID tribunal holds Albania liable in treaty claim in TV broadcasting expropiation
- European Union. GCEU lifts payment ban on Micula brothers award
- Georgia. Georgia faces ECT claim from Australian investor
- Italy. ICSID tribunal declares it has jurisdiction in oilfield dispute against Italy
- Spain. UNCITRAL tribunal to hear Mexican investor’s claims on Banco Popular´s sale
- Egypt. Egyptian appeal court upholds convictions of two arbitrators
- Libya. London Court of Appeal confirms arms award enforcement against Libya
- Kenya. Kenyan state-owned company largely successful in LCIA arbitration
- Bangladesh. Bangladesh hit by ICSID claim in oil field dispute
- India. Malaysian satellite-TV group Astro withdraws two treaty claims against India
- South Korea. South Korea hit with parallel ICSID and ICC claims over alleged expropriation
- Malaysia. Malaysia settles threat of treaty claim
- Singapore. Singapore court issues first-ever decision on SIAC arbitration
News
INSTITUTIONAL NEWS
- AAA-ICDR releases latest case figures
TEAM NEWS
- Partner Pedro Tent (Valencia) spoke on The importance of the arbitration clause in contracts at a Conference co-organized by the Valencia Bar, the French Chamber of Commerce in Spain and the Asociación Europea de Arbitraje in Valencia on 11 July 2019
- Partner Joe Tirado (London) spoke on The importance of the place of issuance of the arbitral award at a CEA-Mujeres Seminar held in Rome on 2 July 2019. Joe also spoke on developments in global arbitration at an event organized by 4-5 Gray´s Inn in London on 16 July 2019 for a delegation visiting from the Vietnam Ministry of Justice
Contacts
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+57 601 326 69 99
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