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ENFORCEMENT OF AN ANNULLED ARBITRATION AWARD: SOCIETE PT PUTRABALI ADYAMULIA v. RENA HOLDING French Court of Cassation (2007)

04/05/2017 by Aceris Law LLC

The case Société PT Putrabali Adyamulia v Société Rena Holding et Société Moguntia Est Epices is one of the French landmark cases concerning the enforcement of an arbitral award in France, where the enforcement of an annulled arbitration award is possible. In the case, Putrabali sold a cargo of white pepper to Rena Holding. The […]

Filed Under: Arbitration Clause, Award on Costs, Enforcement of Arbitration Awards, France Arbitration, International Arbitration

Condition Precedents to Arbitration: Emirate Trading Agency LLC v Prime Mineral Exports [2014] EWHC

01/05/2017 by Aceris Law LLC

Condition precedents to arbitration are common, especially with respect to provisions indicating that the parties must negotiate for a certain period prior to commencing arbitral proceedings. Emirate Trading Agency LLC v Prime Mineral Exports concerned a dispute arising out of a contract for the sale and purchase of iron ore entered into by the parties […]

Filed Under: ICC Arbitration, United Kingdom Arbitration

ALAPLI ELEKTRIK B.V. V. REPUBLIC OF TURKEY (ICSID CASE NO: ARB/08/13) – DECISION ON ANNULMENT OF 10 JULY 2014

28/04/2017 by Aceris Law LLC

Alapli Decision on Annulment

The ICSID case Alapli Elektrik B.V. v. Republic of Turkey concerned a concession to develop, finance, own and operate a power plant in Turkey. The dispute was governed by the ICSID Convention, the Energy Charter Treaty (the “ECT”) and the Agreement of Reciprocal Encouragement and Protection of Investments between the Kingdom of the Netherlands and […]

Filed Under: ICSID Arbitration, Turkey Arbitration

Irreparable Damage and Interim Measures: ENCANA CORP. v. GOVERNMENT OF THE REPUBLIC OF ECUADOR (LCIA, Interim Award, Request for Interim Measures of Protection – 2004)

27/04/2017 by Aceris Law LLC

Irreparable Damage and Interim Measures

In the well-known case Encana v. Ecuador, the Arbitral Tribunal refused to order interim measures on the basis of there being no irreparable damage. On January 8, 2004, Claimant requested an urgent hearing of an application for interim relief regarding the enforcement of certain measures that the Ecuadorian government had taken against one of its […]

Filed Under: Arbitration Clause, Award on Costs, Damages in Arbitration, Ecuador Arbitration, International Arbitration, London Arbitration, UNCITRAL Arbitration

THE ENFORCEMENT OF ICSID AWARDS

24/04/2017 by Aceris Law LLC

enforcement of ICSID awards

The recognition and enforcement of ICSID awards is governed by Articles 53, 54 and 55 of the ICSID Convention. A party who seeks enforcement of an ICSID award may do so in any ICSID Contracting State, under the same conditions, and may simultaneously do so in more than one State.[1] The choice of enforcement forum […]

Filed Under: Arbitration Clause, Award on Costs, Commercial Arbitration, Enforcement of Arbitration Awards, ICSID Arbitration, International Arbitration, International Arbitration Institutions

Customer (Italy) v. Service provider (Switzerland), Final Award CAM Case No. 1115/16, 10 December 2015

23/04/2017 by Aceris Law LLC

Customer v. Service provider

This case relates to the issue of the validity of a contract between two parties involved in an international arbitration under the arbitration rules of the Milan Chamber of Arbitration. In the case, the Claimant filed for a request for arbitration before the Chamber of Arbitration in Milan seeking damages for the termination of the […]

Filed Under: Award on Costs, International Arbitration, Italy Arbitration, Switzerland Arbitration

Arbitration Institutions in Serbia

22/04/2017 by Aceris Law LLC

The largest and oldest of the arbitral institutions in Serbia was the Foreign Trade Court of Arbitration, established in 1947, which is an independent entity within the Serbian Chamber of Commerce and Industry. In addition, another arbitration institution under the same Chamber which existed was the Permanent Court of Arbitration. As of 30 June 2016, […]

Filed Under: International Arbitration, International Arbitration Institutions, Serbia Arbitration, UNCITRAL Arbitration

Successful State Counterclaims in Investor-State Arbitration : The Case of Burlington Resources Inc v. the Republic of Ecuador

21/04/2017 by Aceris Law LLC

Arbitration Institutions in Serbia

Successful State counterclaims in investor-State arbitration were found on 7 February 2017. The counterclaims were brought by Ecuador in response to claims by Burlington Resources Inc, a U.S.-based foreign investor. In its counterclaims, Ecuador alleged breach of its national environmental law by Burlington Resources and breach of contractual obligations and sought USD 2.8 billion in […]

Filed Under: Arbitration Clause, Ecuador Arbitration, International Arbitration, Third-Party Funding

Arbitration in Oman

20/04/2017 by Aceris Law LLC

Arbitration in Oman

Arbitration in Oman is common. It is frequent for parties to include arbitration clauses in their contracts, which is especially the case in energy, purchase, construction and commercial agency agreements. Arbitration is considered to be an efficient and reliable mechanism for dispute resolution in Oman, as arbitral awards may be rendered within 12 months in […]

Filed Under: Commercial Arbitration, International Arbitration, Oman Arbitration, UNCITRAL Arbitration

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