ICSID

Nexo Sues Bulgaria for Over $3 Billion

Retrieved on: 
Wednesday, January 24, 2024

“We are looking forward to representing our clients in the next phase of this battle for justice,” said Deborah Ruff, Pillsbury’s head of arbitration.

Key Points: 
  • “We are looking forward to representing our clients in the next phase of this battle for justice,” said Deborah Ruff, Pillsbury’s head of arbitration.
  • Nexo was days away from signing a multi-year strategic alliance with a major European football club, giving it exposure to its 330,000,000+ supporters across the globe.
  • This partnership would have made Nexo the club’s official digital wallet and main partner.
  • I personally promised 10 months ago that we would explore all legal means available to secure financial compensation for Nexo.

London-based International Arbitration Partner Maurice Kenton Joins Hunton Andrews Kurth in Continued Expansion of Firm’s Global Disputes Practice

Retrieved on: 
Thursday, October 5, 2023

Maurice Kenton, a prominent international arbitration and disputes lawyer with significant experience representing clients in the mining, oil and gas, power, telecommunications, infrastructure and insurance sectors, has joined Hunton Andrews Kurth LLP as a partner in London.

Key Points: 
  • Maurice Kenton, a prominent international arbitration and disputes lawyer with significant experience representing clients in the mining, oil and gas, power, telecommunications, infrastructure and insurance sectors, has joined Hunton Andrews Kurth LLP as a partner in London.
  • Arriving with Kenton is disputes Counsel Edward Hamilton, whose practice includes international commercial and investor-State disputes.
  • “We are pleased to welcome them to the firm.”
    Kenton, who will lead the firm’s international arbitration practice, is the latest addition to Hunton Andrews Kurth’s London-based team.
  • The firm recently announced the arrivals of his longtime colleagues, international arbitration Partner David Hesse and corporate Partner Phillip Mace.

Kenon Holdings Ltd. Announces Favorable Ruling in Arbitration Proceeding

Retrieved on: 
Wednesday, October 4, 2023

The claims and proceeding are described in more detail in Kenon's annual report on Form 20-F for the year ending December 31, 2022 ("Form 20-F").

Key Points: 
  • The claims and proceeding are described in more detail in Kenon's annual report on Form 20-F for the year ending December 31, 2022 ("Form 20-F").
  • The arbitration tribunal concluded that Peru's resolution relating to secondary frequency regulation breached Peru's obligations under Article 10.5 of the Free Trade Agreement.
  • As a result of Peru's breach of the Free Trade Agreement, Peru has been ordered to pay Kenon and IC Power $110.7 million in damages.
  • These statements include statements with respect to the arbitration award, the agreement with a capital provider and other non-historical statements.

Silver Bull Secures US$9.5M Litigation Funding to Pursue Damages Claim Against the Mexican Government

Retrieved on: 
Wednesday, September 6, 2023

Litigation Funding Agreement (“LFA”) signed with Bench Walk Advisors LLC (“Bench Walk”) to pursue international arbitration claims against Mexico for breaches of its obligations under NAFTA.

Key Points: 
  • Litigation Funding Agreement (“LFA”) signed with Bench Walk Advisors LLC (“Bench Walk”) to pursue international arbitration claims against Mexico for breaches of its obligations under NAFTA.
  • “The substantial litigation funding secured under the LFA is a testament to the strength of Silver Bull’s claims.
  • The US$9.5 million funding facility is non-dilutive to Silver Bull shareholders and will cover the full legal budget of the claim, expert, and ancillary costs, as well as Silver Bull’s operating expenses.
  • Silver Bull held a meeting with Mexican government officials in Mexico City on May 30, 2023, in an attempt to explore amicable settlement options and avoid arbitration.

Furniture China 2023 and Maison Shanghai 2023 IN NOW! - September 11-15, 2023

Retrieved on: 
Monday, August 14, 2023

SHANGHAI, Aug. 14, 2023 /PRNewswire/ -- In the beautiful season in Shanghai, on the east side of the Huangpu River, the 28th China International Furniture Expo (hereafter referred to as Furniture China 2023) is about to transform magnificently, and the glory returns, concurrently with Maison Shanghai 2023.

Key Points: 
  • SHANGHAI, Aug. 14, 2023 /PRNewswire/ -- In the beautiful season in Shanghai, on the east side of the Huangpu River, the 28th China International Furniture Expo (hereafter referred to as Furniture China 2023) is about to transform magnificently, and the glory returns, concurrently with Maison Shanghai 2023.
  • Furniture China 2023 and Maison Shanghai 2023 will reconstruct the connection between international exchanges and the global industrial chain, revitalize the new vitality and inject new momentum into the high-quality development of the industry.
  • Furniture China 2023 & Maison Shanghai 2023 put the international metropolis Shanghai as the center, radiating the three major Chinese furniture industry belts - the Yangtze River Delta, the Greater Bay Area, and North China, and will make a strong resonance to new market demand!
  • Join us at Furniture China 2023 and Maison Shanghai 2023 to explore the latest trends in home furnishing, connect with industry professionals, and discover innovative design solutions.

Leading International Arbitration Attorney Miriam Harwood Joins Katten

Retrieved on: 
Wednesday, July 26, 2023

NEW YORK, July 26, 2023 /PRNewswire/ -- Katten announced today that Miriam K. Harwood has joined the New York office as a partner and chair of the firm's new International Arbitration practice.

Key Points: 
  • NEW YORK, July 26, 2023 /PRNewswire/ -- Katten announced today that Miriam K. Harwood has joined the New York office as a partner and chair of the firm's new International Arbitration practice.
  • "I am excited to launch the International Arbitration practice at Katten," said Harwood.
  • She also serves on the board of directors of the New York International Arbitration Center and the advisory board of The American Review of International Arbitration.
  • Before joining Katten, Harwood served as partner and co-head of the Investment Arbitration practice at an AmLaw 100 firm, and she was previously a partner in the International Arbitration group at an AmLaw 200 firm.

Quandary Peak Research: Unprecedented Tech and IP Legal Battle Surfaces in Arbitration Against Mexico

Retrieved on: 
Tuesday, July 18, 2023

LOS ANGELES, July 18, 2023 /PRNewswire/ -- Quandary Peak Research, led by Dr. George Edwards, was appointed by Mexico to provide expert software opinions in this groundbreaking case which signifies the importance of this legal clash and underscores the increasing relevance of technological understanding and IP expertise in today's legal landscape.

Key Points: 
  • Mexico City's taxi fleet accused of patent infringement in a lawsuit regarding digital taximeter technology.
  • The rise of tech investor-state arbitration is foreseeable as technology is increasingly at the heart of government policymaking.
  • With advancements in tech driving economic growth and transforming industries, conflicts between tech investors and states are likely to escalate.
  • The finalization of the written pleadings stage signifies the progression to a hearing anticipated to take place later this year.

TWO MUSICK PEELER ATTORNEYS NAMED AMONG THE NEXT GENERATION OF LEGAL LEADERS IN AMERICA

Retrieved on: 
Thursday, July 13, 2023

This seminal guide honors the burgeoning legal talent infusing traditional and innovative practices with fresh energy and forward-thinking perspectives.

Key Points: 
  • This seminal guide honors the burgeoning legal talent infusing traditional and innovative practices with fresh energy and forward-thinking perspectives.
  • "This is our inaugural guide dedicated to those who will define the future of the legal profession," states the publisher.
  • Managing Partner R. Joseph De Briyn adds, "We are so proud that two of our outstanding attorneys are being recognized among legal leaders.
  • Giorgio and Citadelle's inclusion in this guide is a testament to the bright future that awaits them in the field of law."

Silver Bull Announces Filing of Request for Arbitration with International Centre for Settlement of Investment Disputes

Retrieved on: 
Thursday, June 29, 2023

The Arbitration arises from Mexico’s unlawful expropriation and other unlawful treatment of Silver Bull and its investments resulting from the illegal blockade of Silver Bull’s Sierra Mojada project.

Key Points: 
  • The Arbitration arises from Mexico’s unlawful expropriation and other unlawful treatment of Silver Bull and its investments resulting from the illegal blockade of Silver Bull’s Sierra Mojada project.
  • The arbitration has been initiated under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States process, which falls under the auspices of the World Bank’s International Centre for Settlement of Investment Disputes (ICSID), to which Mexico is a signatory.
  • Silver Bull held a meeting with Mexican government officials in Mexico City on May 30, 2023, in an attempt to explore amicable settlement options and avoid arbitration.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.

CREDIBILITY INTERNATIONAL JOINS HKA, EXPANDING GLOBAL EXPERT PRACTICE IN FORENSIC ACCOUNTING, FINANCIAL FRAUD INVESTIGATIONS AND INVESTOR STATE DISPUTES

Retrieved on: 
Wednesday, May 3, 2023

Based in Washington DC, Credibility specializes in financial fraud investigation and expert testimony on damages and financial issues in domestic and international disputes.

Key Points: 
  • Based in Washington DC, Credibility specializes in financial fraud investigation and expert testimony on damages and financial issues in domestic and international disputes.
  • Among other forums, Credibility has served as experts under AAA, CRCICA, ICC, ICSID, LCIA, NAFTA, PCA, SCC, SMA, and UNCITRAL rules.
  • This acquisition further strengthens our global capabilities in forensic accounting, commercial damages and investor-state disputes.
  • Credibility experts have testified in numerous international and domestic disputes in arbitrations and courts involving some of the largest claims in the world.