Security For Costs In ICSID Arbitrations. For the first time, an arbitral tribunal has ordered security for costs in an ICSID arbitration. The arbitral tribunal has ordered the oil and gas exploration and production company RSM Production Corporation to provide a guarantee of USD 750,000 as security for the costs of an investment arbitration. This followed on […]
William Kirtley Interviewed By BBC Mundo Concerning Argentina Default.
William Kirtley Interviewed By BBC Mundo Concerning Argentina Default. William Kirtley of Dugué & Kirtley AARPI has been interviewed by BBC Mundo with respect to whether the United States could be in violation of international law with respect to the recent rulings of New York district court judge Thomas Griesa, which threaten to push Argentina into default for the second […]
William Kirtley Discusses Interim Measures To Prohibit The Sale Of Assets During Arbitration With BBC News.
William Kirtley Discusses Interim Measures To Prohibit The Sale Of Assets During Arbitration With BBC News. Interviewed by BBC News (BBC Mundo) in relation to Petróleos de Venezuela S.A.’s planned sale of its American assets, William Kirtley discussed the possibility of prohibiting the the sale of State-owned assets through interim measures issued by arbitral tribunals or through […]
2014 LCIA Rules Of Arbitration
2014 LCIA Rules Of Arbitration (“LCIA Rules”) The 2014 LCIA Rules take effect on 1 October 2014, replacing the previous LCIA Rules which have been in effect since 1 January 1998. The London Court of International Arbitration (LCIA) is one of the most important arbitration institutions in the world, along with the ICC in Paris, […]
Yukos Owners Win Largest Arbitration Award In History Against Russia For “Devious And Calculated” Expropriation
Yukos Owners Win Largest Arbitration Award In History Against Russia For “Devious And Calculated” Expropriation. Yukos’ owners have won the largest arbitration award in history against Russia for what was determined by an international arbitration tribunal to be a “devious and calculated” expropriation of its assets. Russia has been ordered to pay over USD 50.2 billion to […]