International Arbitration Newsletter - June 2020
Towards a common response to COVID-19 from the arbitration world: A call to arms
The final impulse of international arbitration depends on a tight cooperation of institutions, parties and stakeholders to provide a common response enabling international arbitration to deliver some degree of certainty in a volatile post-corona climate.
Regional Overview
- Peru. Lima loses toll road arbitration
- United States. US court clears sale of Venezuelan state-owned company
- Mexico. Investors prepare a legal battle against Mexico over restrictions on renewable energy production imposed in response to the COVID-19 pandemic
- Venezuela. A French judge sets aside an arbitration award against Venezuela
- European Union. First investment treaty claim against the European Union
- Spain. Swedish court refuses to consult the European Court of Justice over ECT compatibility with the EU law
- Italy. Milan-seated arbitral tribunal to hear claim against Blackstone
- Ukraine. Ukraine braces itself for renewables reforms arbitration
- Egypt. Egypt obtains stay of enforcement of a US$ 2 billion award in favor of Unión Fenosa
- Iraq. French court refuses to allow Iraq to revive a US$ 1.3 billion ICC claim filed 30 years ago
- Libya. Cairo court sets aside billion-dollar award against Libya
- China. Restaurateur ordered to pay security to stay enforcement in Hong Kong
- India. Enforcement of a 20-year-old ICC award granted
- India. Nissan drops treaty claim against India
- Malaysia. Malaysian group wins claim against Chinese company
- Singapore. Fraud award against Indian drug-maker upheld in Singapore
Team News
Speaking engagements
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On 10 June 2020, Mónica van der Schraft (Chile) participated as an exhibitor in webinar Handling of evidence in construction arbitration, organized by the Arbitration and Mediation Center of the Santiago Chamber of Commerce and Women Way in Arbitration Latam. She represented Chile, together with other Latin American lawyers and experts, regarding the opportunity and proper way to present evidence in international construction arbitrations.
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On 16 June 2020 Joe Tirado (London) participated as an invited speaker in a virtual Dublin International Resolution Forum.
Publications
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Joe Tirado (London) and Eliza Gluszko (Warsaw) have written an article entitled Prague Rules - A solution in search of a problem, published in Argentine Arbitration Magazine, in June 2020.
Contacts
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+52 55 1102 3570
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+57 601 326 69 99
