Settlement, 30 August 2017, Pearl Petroleum & Dana Gas and Crescent v. Kurdistan

According to a press release, the settlement of a four-year-long LCIA arbitration was announced last Wednesday, 30 August, between Kurdistan and an United Arab Emirates consortium consisting of Pearl Petroleum and its parent companies Dana Gas & Crescent. The consortium had initiated arbitration in 2013 to clarify its rights under a product sharing agreement for [...]

2018-01-14T19:19:44+01:00August 30th, 2017|Settlement|0 Comments

Settlement, 19 July 2017, Total v. Argentine Republic (following the ICSID case ARB/04/01)

ICSID Tribunal had ruled, in February 2016, in favour of Total in a case against the Argentine Republic (pertaining to the losses suffered in electricity distribution projects in Buenos Aires and hydroelectric and natural gas plants in the province of Neuquen). A settlement was signed on 19 July, 2017. The Argentine Republic commited itself to [...]

2018-01-14T19:23:14+01:00July 19th, 2017|Settlement|0 Comments
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