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December 09, 2025
WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published two procedural orders in a dispute between a Belgian oil company and the Kingdom of the Netherlands over the termination of drilling at a Dutch oilfield after local complaints of earthquakes, with the tribunal directing the Netherlands to halt domestic litigation against the oil company and declining the oil company’s request that it order the Netherlands to not impose new levies on it.
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December 08, 2025
WASHINGTON, D.C. — The oil company shareholders who won an arbitral award against the Russian Federation worth $57 billion on Dec. 5 filed a brief in the U.S. Supreme Court opposing Russia’s petition for a writ of certiorari, writing that the District of Columbia Circuit U.S. Court of Appeals’ decision vacating the denial of Russia’s motion to dismiss properly applied the Foreign Sovereign Immunities Act (FSIA) to the question of whether an arbitration agreement exists.
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December 01, 2025
WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Nov. 26 published a split tribunal’s award dismissing for lack of jurisdiction a Michigan-based company’s claim for $2.7 billion in damages against the United Mexican States for expropriation of its Mexican farmland and ordered it to pay Mexico more than $1 million in attorney fees, with the majority opining that the claim was untimely under the North American Free Trade Agreement (NAFTA).
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November 26, 2025
WASHINGTON, D.C. — A Chinese national who resides in California urges the U.S. Supreme Court in a petition for a writ of certiorari to review a ruling affirming the confirmation of a Chengdu Arbitration Commission (CAC) arbitral award worth more than $55 million against him despite a “rogue” arbitrator on the tribunal who “misbehaved” by traveling, using a restroom and talking to third parties during a hearing, which the petitioner says warrants vacatur.
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November 26, 2025
WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Nov. 25 published a tribunal’s award rejecting all claims against the Republic of Nicaragua for causing an American investor $644 million in damages after finding that paramilitary activities that damaged an avocado plantation were not attributable to state organs of Nicaragua.
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November 26, 2025
WILMINGTON, Del. — A federal judge in Delaware on Nov. 25 granted approval to a $5.8 billion bidder for oil assets in an auction of assets belonging to the Bolivarian Republic of Venezuela and its affiliates, which the court ordered attached to satisfy confirmed international arbitration awards and bond debts worth more than $22 billion, with the judge writing that a hedge fund subsidiary offered “the only Qualified Bid before the Court.”
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November 25, 2025
WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Nov. 24 published a partly redacted award in which a tribunal dismissed as “manifestly without legal merit” an arbitration claim brought against the Kingdom of Spain by the heirs of a sultan claiming entitlement to a controversial $18 billion award for breach of a lease from 1878.
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November 25, 2025
WASHINGTON, D.C. — A District of Columbia federal judge on Nov. 24 ruled that postjudgment interest should accrue on a confirmed International Centre for Settlement of Investment Disputes (ICSID) arbitral award against the Kingdom of Spain worth more than 28 million euros plus interest at the federal statutory rate, not the post-award rate ordered by the tribunal, rejecting an issue of first impression regarding the merger doctrine’s applicability to the issue.
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November 24, 2025
WASHINGTON, D.C. — Two European investors filed a joint brief opposing the Kingdom of Spain’s motion to dismiss their consolidated petitions seeking enforcement of arbitral awards issued in their favor by the Stockholm Chamber of Commerce (SCC) against Spain collectively worth more than 100 million euros and later annulled by Swedish courts, writing that governing precedent supports enforcement.
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November 11, 2025
Copyright © 2025, LexisNexis. All rights reserved.
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November 13, 2025
By Fiona Cain, Jack Spence, Michael Mazzone and Harry Phillips
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November 21, 2025
WASHINGTON, D.C. — A London-based investor on Nov. 20 filed a petition in the District of Columbia federal court to confirm an arbitral award in its favor worth more than $1.12 million against the Islamic Republic of Afghanistan and a state agency for disputes arising out of a $1.2 billion electricity transfer project.
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November 21, 2025
WILMINGTON, Del. — The Bolivarian Republic of Venezuela and its affiliates on Nov. 20 filed a motion in Delaware federal court for an administrative stay of a pending auction of their assets to satisfy international arbitration awards and bond debts worth more than $22 billion pending their appeal of a judge’s recent order denying a motion to disqualify himself, the court-appointed special master and the special master’s advisers due to alleged conflicts of interest.
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November 21, 2025
WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Nov. 20 published a tribunal’s decision in which it denied a request by U.K. investors to sanction Azerbaijan for its “brazen disregard” of the tribunal’s orders that it lift a travel ban on a dead U.K. investor’s son and denied Azerbaijan’s request that it reconsider the order directing it to lift the travel ban.
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November 19, 2025
WASHINGTON, D.C. — The Kingdom of Spain on Nov. 18 moved in District of Columbia federal court to quash a subpoena for records of wire transfers involving dozens of Spain-related entities, writing that the motion is a premature and unreasonable effort to enforce a confirmed International Centre for Settlement of Investment Disputes (ICSID) arbitral award against Spain worth more than 79.5 million euros.
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November 17, 2025
WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Nov. 14 published a tribunal’s order denying the United Mexican States’ request to suspend an arbitration brought against it by British and Chinese lithium mining investors pending the potential consolidation of the arbitration with a recently filed claim brought by British parties who previously claimed an interest in the investors’ royalties, writing that suspension is not yet warranted.
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November 14, 2025
NEW YORK — A New York federal judge on Nov. 13 confirmed an arbitral award that, with interest, is worth more than $11 million in favor of a Singaporean company for a dispute over directors and officers (D&O) coverage allegedly owed by its German excess insurer, which had unsuccessfully moved to vacate the award.
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November 14, 2025
WASHINGTON, D.C. — A District of Columbia federal judge on Nov. 14 entered a minute order granting a motion to stay a complaint filed by Jenner & Block LLP against the Republic of Sierra Leone for $8.1 million in attorney fees the firm incurred representing the country in two international arbitration disputes against a mining company, the day after the parties announced they had reached a settlement in principle.
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November 14, 2025
WILMINGTON, Del. — The federal judge in Delaware overseeing an auction of Venezuelan oil shares to satisfy confirmed international arbitration awards and civil judgments against Venezuela worth more than $22 billion on Nov. 13 denied motions to disqualify himself, a court-appointed special master who recently recommended the court favor a $5.8 billion bid for Venezuela’s oil shares or the special master’s advisers filed by Venezuela, its affiliates and a rejected bidder.
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November 13, 2025
LONDON — An English judge sitting in the High Court of England and Wales ruled in favor of the Kingdom of Spain and said an International Centre for Settlement of Investment Disputes (ICSID) award against Spain worth more than 33 million euros cannot be assigned by two European renewable energy investors to an American entity under the ICSID Convention or English law.
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November 12, 2025
MIAMI — A Florida federal magistrate judge recommended confirming an International Chamber of Commerce (ICC) award in which a tribunal resolved a Venezuelan airline shareholder dispute and ordered the respondent to pay more than $118,000 in attorney fees for “‘reproachable’” conduct. The magistrate did not recommend awarding more attorney fees after finding that the respondents’ litigation tactics were valid and that any conduct issues were already penalized by the tribunal.
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November 11, 2025
WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Nov. 10 published an American investor’s countermemorial opposing the United Mexican States’ arguments that a tribunal lacks jurisdiction over his North American Free Trade Agreement (NAFTA) claims against it for the rescission of a railway concession agreement, writing that he is a protected investor under NAFTA and never waived his right to arbitrate.
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November 06, 2025
NEW YORK — The U.S. District Court for the Southern District of New York on Nov. 5 entered the satisfaction of a judgment worth more than $59 million reflecting a federal judge’s confirmation of a London Court of International Arbitration (LCIA) award against the guarantor of a Ghanian high-speed internet network company for defaulting on a loan issued to it by a South African partnership.
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November 06, 2025
WASHINGTON, D.C. — The Russian Federation, after winning vacatur of the denial of its motion to dismiss a petition to confirm arbitral awards against it worth more than $57 billion, urges the U.S. Supreme Court in a petition for a writ of certiorari to review a circuit court conflict over whether the Foreign Sovereign Immunities Act (FSIA) requires courts reviewing jurisdiction to determine if the parties are the beneficiaries of an arbitration agreement.
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November 05, 2025
WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on Nov. 4 published a decision by two arbitrators denying a Canadian mining company’s proposal to disqualify the tribunal’s presiding arbitrator for failing to disclose his relationship with a founding partner of the firm representing the republic of Panama in a pending $400 million arbitration against it for retroactively canceling gold and copper mining concessions.