Region: United Kingdom

A UK court has upheld one of the Czech Republic’s grounds of challenge to a US$730 million treaty award won by investors in a blood plasma business, while dismissing or reserving judgment on other objections.

08 March 2024

Oliver Browne, who recently helped UniCredit get an anti-suit injunction against a Gazprom venture, has left Latham & Watkins to join the partnership at Paul Hastings in London.

06 March 2024

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

A London-listed oil and gas company has instructed counsel as it prepares to file the first known investment treaty claim against Ireland, for which it is also seeking third-party funding.

26 February 2024

An ICSID tribunal has declined to order a UK company to post security for costs in a €656.5 million claim over Slovenia’s blanket ban on fracking for natural gas.

23 February 2024

The UK has confirmed it will withdraw from the Energy Charter Treaty, citing the failure of efforts to align it with climate change goals.

22 February 2024

A Scottish airport services group has asked a US court to register an ICSID award that it won against Niger more than a decade ago.

20 February 2024

New Zealand-qualified barrister and solicitor David Turner has been promoted to the partnership at Baker Botts in London.

16 February 2024

An English court has upheld a freezing order against the owners of a Ukrainian grain terminal operator in support of a US$150 million LCIA arbitration over loan guarantees.

15 February 2024

The former majority of shareholders of Yukos have seized a London property owned by Russia to satisfy the legal costs of their battle to enforce awards worth US$60 billion.

02 February 2024