Investment arbitration award enforcement can at times be difficult due to issues such as sovereign immunity, but November 2016 has proven to be an especially difficult month for the Yukos Awards enforcement saga. First, the Financial Times revealed Rosneft emails to Armenian judicial authorities, which suggested that Rosneft may have had a hand in manipulating […]
Reconsideration in Investment Arbitration
Reconsideration in investment arbitration is an exception to the rule that awards are final and binding on the parties to a dispute. There are four explicit remedies available for awards rendered under article 48 of the ICSID Convention. Parties can only bring their challenge under the ICSID Convention. First, a party can request a supplementary […]
Successful Challenge of Arbitration Award before the French Conseil d’Etat
On 9 November 2016, following the challenge of an arbitration award before the French Conseil d’Etat, France’s highest administrative court, the administrative court rendered an interesting new decision on the issue of its power to review an international arbitration award in the context of a public contract. This decision arises out of an ICC award […]
Joint Venture Arbitrations
Joint venture arbitrations are common. Joint ventures are frequently international in nature, involving partners from different countries operating in various continents and involving multiple laws and jurisdictions. This led to a rising need for joint venture disputes to be resolved in a more neutral setting than before national State courts of just one party. Arbitration, […]
Palestine Threatens Sports Arbitration
The Palestinian Football Association (“PFA”) has threatened to go to the Court for Sports Arbitration (“CAS”) unless FIFA agrees to take action against Israel over clubs based in the “illegally occupied” territory of the West Bank. Our previous reporting on CAS, its role and jurisdiction can be found here. The dispute concerns six Israeli football […]