United State District Court, District of Columbia, 23 March 2018, Anatolie Stati, Gabriel Stati, Ascom Group, S.A., Terra Raf Trans Traiding Ltd., v. The Republic of Kazakhstan, no. 14-1638 (ABJ)

On 23 March 2018, the District Court denied Kazakhstan’s motion for reconsideration and confirmed the 500 million dollars award under the Energy Charter Treaty in favor of the Moldavian investors regarding oil use rights in Kazakhstan. When the investors sought enforcement in the United States, Kazakhstan opposed it on the grounds of fraud alleging that [...]

United States District Court, District of Columbia, 22 March 2018, Balkan Energy Limited v. The Republic of Ghana, no. 17-cv-005582 (APM)

On 22 March 2018, the District Court confirmed an arbitral award in favor of Balkan Energy Limited and dismissed Ghana’s objections in seeking to oppose the award’s enforcement. The arbitral tribunal had awarded more 11.75 million dollars in damages for the breach of a Power Purchase Agreement on the grounds that the company had legitimate [...]

US District Court for the District of Columbia, 1 March 2018, Rusoro Mining Limited v Venezuela, 16-cv-02020

The District Court confirms the award, rendered in arbitration under the Canada-Venezuela bilateral investment treaty (the “BIT”). In 2016 Rusoro, a Canadian company, obtained a USD 967 million award after having been deprived by Venezuela of its gold mining interests in twenty-four Venezuelan companies. Venezuela moved to annul the award in the state of the [...]

District Court for the District of Columbia, 23 January 2018, Berkowitz v. Republic of Costa Rica, no. CV 17-148

In an opinion rendered on 23 January 2018, the District Court denied Claimant’s petition to annul an interim award rendered under CAFTA. The Court first recalled the fundamental rule pursuant to which awards can be reviewed only after the tribunal issues a final ruling – if they purport to resolve all aspects of the dispute [...]

US District Court for the District of Columbia, 9 December 2017, Hulley enterprises, Yukos Universal and Veteran Petroleum v. Baker Botts LLP, Misc. Case No. 17-1466 (BAH)

Yukos shareholders sought the reconsideration of the denial of their application to compel discovery. The discovery aimed at obtaining all communications among attorneys within the respondent firm, involving its long-standing client Rosneft and Russian Federation. The petitioners claimed Rosneft had manipulated Armenian Yukos-related proceedings. The Court dismissed the application finding no “clear error” occurred or [...]

US District Court for the District of Columbia, 13 November 2017, Sharp & Sharp Electronics v. Hisense USA & Hisense International, no. 1:17-cv-01648-JEB

Sharp and Hisense, two television manufacturers, entered into a licensing agreement in 2015. In 2017, Sharp terminated the agreement alleging that Hisense had violated regulatory standards and failed to maintain the quality of its television sets. The latter sent a request for arbitration before the SIAC and sought an emergency order requiring Sharp to abide [...]

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