Region: Netherlands

Billion-dollar award debt written off in UK restructuring

A UK court has approved a restructuring plan for a subsidiary of Houston-based construction group McDermott that will effectively extinguish a US$1.3 billion ICC award debt owed to a Colombian state-owned entity.

28 February 2024

Shell and Exxon launch claim over phase-out of Dutch gas field

Shell and ExxonMobil have filed a contractual arbitration against the Netherlands over arrangements for the closure of the largest natural gas field in Europe.

14 February 2024

Cast list for Uniper gas pricing disputes emerges

GAR has identified the practitioners who appeared in two gas price review arbitrations involving German state-owned energy group Uniper, including a previously unreported case against Dutch supplier GasTerra.

08 February 2024

Media company seeks to revive claim against Peru

Peru has hired external counsel to resist an attempt by a media company to revive a US$627 million investment treaty claim through set-aside proceedings in the Dutch courts.

15 December 2023

Croatia fails in intra-EU objection to treaty claim

An ICSID tribunal has declined to throw out a claim brought by Dutch investors against Croatia, rejecting the state’s arguments that its bilateral investment treaty with the Netherlands was effectively terminated under EU law.

09 November 2023

RWE to withdraw ECT claim against Netherlands

German energy company RWE is withdrawing its Energy Charter Treaty claim against the Netherlands over coal phase-out legislation – months after a German court ruled it was inadmissible.

03 November 2023

Bankrupt Dutch insurer takes award to North Carolina

The trustees of a bankrupt Dutch insurer have asked a federal court in North Carolina to enforce a Netherlands Arbitration Institute award ordering its US-based former owner to pay €150 million.

19 October 2023

Top Dutch court refuses to reinstate freeze on Kazakh fund

Moldovan investors engaged in a decade-long campaign to enforce a US$500 million Energy Charter Treaty award against Kazakhstan have failed to reinstate a Dutch attachment against a sovereign wealth fund – after reporting favourable rulings in Sweden, the US and Gibraltar.

13 October 2023

Asset finance investor pursues claim against Ethiopia

A US-based investor in leasing of agricultural machinery is pursuing a claim against Ethiopia at the Permanent Court of Arbitration in The Hague, it has emerged.

10 October 2023

Dutch boutique hires from De Brauw

French national Irène Léger has left De Brauw Blackstone Westbroek to join Staunch, an Amsterdam disputes boutique set up by former colleagues from the same firm.

04 October 2023

Unlock unlimited access to all Global Arbitration Review content