ICC, January 2018, National Lybian Oil Corporation v. Libyan Emirati Refining Company

The National Lybian Oil Corporation announced its victory in two ICC arbitrations with a value of at least US$ 1.4 billion. The first case against the Libyan Emirati Refining Company started in 2013, involving allegations of breaches of a crude oil supply agreement following the revolution that led to Kaddafi’s impeachment and claims relating to [...]

2018-02-18T20:56:56+01:00January 31st, 2018|ICC, International awards|0 Comments

ICC, 29 November 2017, Blackberry v. Nokia

An ICC award issued on 29 November 2017 has ordered the famous Canadian operator Blackberry, to pay US$137 million to Finnish operator Nokia, after the failure of payments under a patent licensing agreement. Starting in April of 2017, the arbitration was marked by Blackberry’s acceptance of the terms of decision of the arbitral tribunal, which [...]

2018-01-20T20:49:14+01:00November 29th, 2017|ICC, International awards|0 Comments

LCIA, October 2017, Atlas Power, Liberty Power Tech, Hub Power & Others v. Pakistan

As part of its energy policy, Pakistan concluded a series of electricity supply agreements with many power companies. In these agreements, Pakistan committed to pay the fuel expenses needed for plants. During the execution of the contract, Pakistan complained that the companies were not operating their plants at full capacity, the latter feeling unable to [...]

2018-01-14T20:41:03+01:00October 31st, 2017|International awards, LCIA|0 Comments
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