England and Wales High Court of Justice, 6 June 2018, Nori Holdings Limited, Centimila Services Limited and Coniston Management Limited v. Public Joint-Stock Company “Bank Otkritie Financial Corporation”, [2018] EWHC 1343 (Comm)

Nori Holdings Limited and Centimila Services Limited, the first and second Claimants respectfully, are Cypriot-incorporated companies. Coniston Management Limited, the third Claimant, is a BVI registered company. Bank Otkritie Financial Corporation, Defendant, is a licensed Russian bank (“Bank”). The abovementioned entities entered into numerous financial agreements, which contained different arbitration clauses. During Defendant’s temporary administration, [...]

England and Wales High Court of Justice, 31 May 2018, Sana Hassib Sabbagh v. Wael Said Khoury, Said Toufic Khoury, Samer Said Khoury, Toufic Said Khoury, Samir Hassib Sabbagh, Suheil Hassib Sabbagh, Wahbe Abdullah Tamari, Consolidated Contractors Group SAL (Holding Company), Consolidated Contractors International Company SAL (Offshore) and Hassib Holding SAL, [2018] EWHC 1330 (Comm)

Sana Hassib Sabbagh (“Claimant”) started litigation against ten Defendants with regard to her shares and the connected dividends in the Consolidated Contractors Group SAL (Holding Company). Thereafter, Samir Hassib Sabbagh and Suheil Hassib Sabbagh, together with Consolidated Contractors Group SAL (Holding Company) and Hassib Holding SAL, initiated proceedings before an arbitral tribunal seated in Lebanon [...]

CIRDI, 25 mai (31 mai) 2017, Orascom c. Algérie, ARB/12/35

La sentence porte sur un litige entre Orascom, société luxembourgeoise (représentée par White & Case), et l’Algérie (représentée par Shearman). Le différend porte sur des investissements prétendument réalisés par la Demanderesse ("OTMTI") pour construire un système de téléphonie mobile en Algérie. Suite à un appel d’offres le marché a été attribué à une société égyptienne [...]

2018-01-14T19:34:24+01:00May 31st, 2017|ICSID, International awards|0 Comments
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