India is believed to have challenged in a court in The Hague an arbitration tribunal verdict that overturned its demand for ₹10,247 crore in back taxes from Cairn Energy Plc — the second time in three months that it has refused to accept an international award against retrospective tax.
Malawi has become the 167th country to accede to New York Convention which governs the recognition and enforcement of arbitral awards made in other countries.
A finales de febrero el gobierno uruguayo llegó a un acuerdo con el operador portuario belga Katoen Natie a través del que se resuelve un conflicto que amenazó con llegar a arbitraje de inversiones en un aviso anunciado hace un año.
Unión Fenosa Gas a annoncé l’abandon de la procédure de confirmation de sentence, engagée contre l’Egypte en 2014 pour défaut de livraison de gaz naturel.
Unión Fenosa Gas y Egipto han llegado a un acuerdo y ponen fin al arbitraje que le concedió a la española un laudo de dos billones de dólares tras el conflicto por la planta egipcia de Damietta.
The Egyptian Ministry of Petroleum and Mineral Resources announced the entry into force of the agreement related to the Damietta Liquefaction Plant, and the settlement of all claims.
India has time till mid-April to file an appeal against an international arbitration tribunal ordering it to repay UK’s Cairn Energy Plc USD 1.2 billion-plus interest and cost, but the challenge can only be on limited grounds such as procedure not being followed.