Sentences with phrase «investment arbitration awards»

This highlights the important issues surrounding the role of national courts in supporting investment treaty arbitration proceedings and the enforcement of investment arbitration awards.

Hughes Hubbard & Reed helped British energy company BG Group win a big victory when the U.S. Supreme Court refused to give Argentina another chance to contest a $ 185 million investment arbitration award.

Hogan Lovells partners Nathan Searle and Kent Phillips examine a recent case, the first of its kind in Singapore, in which that country's High Court set aside an investment arbitration award.

Not exact matches

In particular, while the 1945 UN Charter and the UN Convention on the Law of the Sea acknowledged and promoted interstate arbitration, the New York and the Washington conventions consecrated the principle of recognition and enforcement of arbitral awards with regards to international trade and investment.

In addition to having been instructed in major arbitrations, such as the Bermudan - based arbitration relating to the reinsurance of Arthur Andersen following the collapse of Enron and WorldCom, and Elektrim SA's long running dispute with Vivendi Universal over Polish telecommunications, he has particular expertise in relation to inter relief applications to the Court in relation to heavy arbitrations such as ETI Euro Telecom V Republic of Bolivia [2008](no pre-emptive relief in aid of an ICSID arbitration); Elektrim SA v Vivendi [2007] 1 Lloyd's Rep 693 (s. 68 of AA 1996 and awards obtained by fraud); Elektrim v Vivendi [2007] 2 Lloyd's Rep 8 (injunction to restrain arbitration continuing) Telenor East Holding II AS v Altimo Holdings & Investments Ltd (multi-billion dollar shareholder dispute — interim injunction under s. 44 of the AA 1996); Steadfast v Baker Hughes (s. 9 (3) step in the action preventing a stay in favour of arbitration) and enforcement of arbitral awards (Yukos v Rosneft: US$ 500m and Yukos v Russian Federation US$ 50 billion.

Securing a $ 380m award for Burlington Resources, Inc. (ConocoPhillips) in an ICSID contractual and investment treaty arbitration against Ecuador following Ecuador's imposition of royalties on extraordinary revenues, and reducing Ecuador's $ 2bn environmental counterclaim to an award of $ 40m in its favor.

The suit was brought by a so - called «vulture fund» investment company — FG Hemisphere Associates — against the DRC for failure to pay an arbitration award the company won for its involvement in financing of a power facility in the territory.

During the UNCITRAL colloquium on PPPs in 2014, for example, participants questioned the suitability of utilizing international arbitration for PPP - related disputes, mainly because of the «multiple investment treaties, multiple international arbitration forums, cases and rulings, and the poor enforcement of international arbitral awards».

The Washington - based tribunal issued a unanimous award to Crystallex worth $ 1.386 billion ($ 1.2 billion for the value of Crystallex's investment in Las Cristinas plus interest), one of the largest awards in the history of investment treaty arbitration.

Representing Total in an ICSID arbitration against Argentina in connection with its investments in exploration and production, electricity generation and gas transportation pursuant to the France — Argentina bilateral investment treaty, resulting in an award of $ 270m, the largest ever issued against Argentina.

Because investment awards, unlike their commercial arbitration counterparts, regularly become public, they develop into focal points that are invoked by counsel and used in the reasoning of arbitrators.

The SALI Club will look to explore the legal landscape and in particular consider the use and effectiveness of International Investment Agreements («IIAs»), in particular, Bilateral Investment Treaties («BITs») executed between Asian and African States giving investors the ability to obtain arbitration awards which may be enforced against state assets.

This means that intra-EU investment arbitration can survive only to the extent that (i) arbitrators are willing to disregard the implications of EU law incompatibility on their jurisdiction, (ii) arbitration is seated and awards enforced outside the EU, and (iii) national courts in non-EU jurisdictions are willing to defy the CJEU's ruling.

Obtained award in favor of investment manager after a week - long arbitration in which an ERISA plan sought millions in damages on claims alleging that the manager breached fiduciary duties and committed professional malpractice.

Acting for a US - based investment fund enforcing a London arbitration award in Tanzania resulting in payment

Join us to discuss (a) the enforcement of English judgements and arbitral awards in Russia / CIS and vice versa (b) statute of limitations issues arising in CIS jurisdictions and (c) recent trends in investment arbitrations involving CIS states and CIS investors.

representing an international oil company in an AAA / ICDR commercial arbitration (New York seat) relating to rights and remedies pursuant to an agreement governed by New York law to share costs and monetary awards of investment arbitration against a South American state (claim US$ 500 million)

Obtaining a $ 967m award for Canadian gold mining company Rusoro Mining in an ICSID bilateral investment treaty arbitration against Venezuela.

Argentina has agreed a settlement relating to five investment treaty arbitration awards, made between 2005 and 2008, pursuant to which it was ordered to pay a total of over US$ 450 million plus interest.

She was awarded the Richard S. Goldsmith prize for her writing on investment treaty arbitration.

Concerns have also been raised about the absence of a system of binding precedent, inconsistencies in decision - making, the cost and time involved in investment arbitration, lack of transparency and the very narrow grounds on which arbitral awards can be challenged.