Dispute over Norilsk ownership said to head into London arbitration
Russian billionaire Vladimir Potanin and aluminum giant Rusal will settle their disputes over ownership rights in the world’s largest nickel producer, GMK Norilsk Nickel in a London arbitration proceeding December 3.
Saudi Arabia to lobby for private UK arbitration tribunal – report
Saudi Arabia plans to begin lobbying the UK government to establish a London arbitration tribunal in order to handle disputes arising from large-scale commercial transactions in the Middle Eastern country.
ICAC ruling invalidating Hungarian gas trader sale for $1 upheld
The Moscow Commercial Court has held against RosGas in its claim against Cypriot Mabofi Holdings Ltd. to reverse an arbitration tribunal’s decision on the sale for $1 of Emfesz, a Hungarian gas trading company.
Emerging trends of international arbitration
In an effort to bridge the gaps between current and preferred practices, a major survey released last week is pulling back the drapes on the emerging trends of international arbitration.
Dispute over NPP Belene may drive Bulgarian company to bankruptcy
Litigation with Russia in regard to the Belene project may lead to the bankruptcy of Bulgaria's National Electric Company (NEK).
Emfesz sale dispute reaches Moscow Commercial Court
Russian company Rosgaz is demanding that the decision of the International Commercial Arbitration Court at the Russian Chamber of Commerce and Industry (ICAC) which invalidated the sale of Hungaria's gas trader Emfesz be nullified.
Jurisdiction claim upheld for Khan Resources action against Mongolia
An international arbitration tribunal has upheld Khan Resources Inc.’s (Khan) assertion of jurisdiction over a $200 million claim against the Government of Mongolia.
Sony Ericsson dispute to be heard in Russia despite arbitration clause
Dispute between Sony Ericsson’s Russian subsidiary Mobile Communications AB with the Russian Telephone Company has been accepted under the jurisdiction of Russian courts and has been referred to the Moscow Commercial Court.
France recognizes ICAC award worth $232 mln against NLMK
A Parisian court has recognized the International Commercial Arbitration Court (ICAC) at the Russian Chamber of Commerce and Industry ruling to collect $232 million from Novilipetsk Steel (NLMK) for Maxi-Group founder Nikolai Maximov.
Deripaska's En+ Group determined to claim compensation from Montenegro
Russian billionaire Oleg Deripaska's En+ Group claims 200 million euro from Montenegro for selling its stake in Kombinat Aluminijuma Podgorica.
Gazprom goes to international arbitration for investment protection in Lithuania
Gazprom has appealed to an international arbitration tribunal on Thursday to protect its investments in Lithuania.
PGNiG files lawsuit against Gazprom
Poland's largest oil and gas company PGNiG has submitted a lawsuit against Gazprom and Gazprom Export to the Stockholm Arbitration Tribunal on Monday.
Tycoon's appeal over Constitution's article legitimacy dismissed
The Constitutional Court has dismissed a steel tycoon's petition challenging the legitimacy of the provision prohibiting corporate disputes from being heard at the Russian Federation Chamber of Commerce and Industry's International Commercial Arbitration Court (ICAC).
Polish PGNiG turns to arbitration court over Russian gas price reduction
Polish gas monopoly PGNiG filed a lawsuit with the Stockholm Arbitration Tribunal to force Russian gas giant Gazprom to cut gas prices.
Gazprom sues Lithuanian Energy Ministry for losses
Gazprom has filed a claim with the Arbitration Institute of the Stockholm Chamber of Commerce against the Lithuanian Energy Ministry
BP requests Stockholm court to resume hearings in Rosneft deal
The British energy giant BP addressed the Arbitration Institute of the Stockholm Chamber of Commerce’s (SCC) on Friday, requesting to recommence the proceedings in the claims of the AAR consortium, its partner in the Russian TNK-BP joint venture, over BP’s deal with the major Russian oil giant Rosneft.