2014, Corruption and Thresholds - Public Procurement Central

Pakistani Energy Sector Parties Challenge Arbitration Awards in the English High Court on the Grounds of ‘Serious Irregularity’

Kluwer Arbitration

JULY 17, 2024

Serious Irregularity The leading authority on Section 68 challenges is RAV Bahamas Ltd and another v Therapy Beach Club Inc [2021] UKPC 8 , which prescribes that intervention should be limited to ‘extreme’ cases and that the test of serious irregularity imposes a ‘high threshold’.

Thresholds

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Arbitrator’s Bias as a Ground for Challenging a Foreign Award: The Indian Perspective

Kluwer Arbitration

SEPTEMBER 16, 2024

In September 2014, a three-member arbitral tribunal issued the final award (“ Award ”) directing Avitel, its founder, and directors (“ Award Debtors ”) to pay USD 60 million as damages to HSBC. However, HSBC subsequently discovered that the invested money was siphoned off to different companies which led to the arbitration.

Thresholds

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Arbitration Agreements and Insolvency Proceedings: Comparing the Pro-Arbitration Perspectives in Singapore, the United Kingdom, and India, and Calling for International Consensus

Kluwer Arbitration

JANUARY 17, 2024

Altomart Limited [2014] WLR(D) 536 (“ Salford ”) at [41]. Altomart Limited [2014] EWCA Civ 1575 and reiterated by the High Court of Justice in Telnic Ltd v. Altomart Limited [2014] WLR(D) 536 (“ Salford ”) at [41]. 2) Limited v. and discourage parties from bypassing arbitration by presenting winding up petitions. 2) Limited v.

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Thresholds Demand Bidding Distribution

Sovereign Immunity and Issue Estoppel: English High Court’s Latest Decision in the Longstanding Yukos v. Russia Enforcement Saga

Kluwer Arbitration

DECEMBER 27, 2023

To provide a brief overview, in 2014, an arbitral tribunal seated in The Hague found that Russia had unlawfully expropriated Yukos’ assets in breach of the Energy Charter Treaty (“ ECT “) and awarded more than US$50 billion in damages to the Shareholders. and England.

Thresholds

Thresholds Corruption IT Procurement

Much Ado About Nothing? – Advocating for Legality Clauses instead of ESG and CSR Investor Obligations in International Investment Agreements

Kluwer Arbitration

JANUARY 29, 2024

Al-Warraq v Republic of Indonesia , UNCITRAL, Final Award (15 December 2014), para. To prevent even minor transgressions from falling under the clause, a threshold-requirement of serious violations could be introduced.

Sustainability

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Red Eagle v. Colombia: Colombia’s Decisions to Protect Páramos Do Not Constitute a Violation of the Minimum Standard of Treatment vis-à-vis an Investor with No Vested Right

Kluwer Arbitration

MAY 22, 2024

In December 2014, Colombia’s national environmental authority issued Resolution 2090 , delimiting the Santurbán Páramo in an almost identical area as the one contained in the 2007 Páramo Atlas, which overlapped with the area of Red Eagle’s mining titles. Mr. Martínez de Hoz, an arbitrator in this case, dissented.

Balance

Balance Impact Assessment Participation IT

Red Eagle v. Colombia: Colombia’s Decisions to Protect Páramos Do Not Constitute a Violation of the Minimum Standard of Treatment vis-à-vis an Investor with No Vested Right

Kluwer Arbitration

MAY 24, 2024

In December 2014, Colombia’s national environmental authority issued Resolution 2090 , delimiting the Santurbán Páramo in an almost identical area as the one contained in the 2007 Páramo Atlas, which overlapped with the area of Red Eagle’s mining titles. Mr. Martínez de Hoz, an arbitrator in this case, dissented.

Balance

Balance Impact Assessment Participation IT

KluwerArbitration ITA Arbitration Report, Volume No. XXI, Issue No. 12 (December 2023)

Kluwer Arbitration

JANUARY 16, 2024

A high threshold is applicable to s. 22-825-cv, 12 July 2023 Tamsin Parzen, King & Spalding LLP, ITA Reporter for the United States On July 3, 2014, Plaintiff-Appellee Olin Holdings Limited (‘Olin’) initiated an ICC arbitration against the State of Libya (‘Libya’) under the bilateral investment treaty between Cyprus and Libya (the ‘BIT’).

Corruption

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UAE’s Arbitration Law Transformation Through Federal Decree Law No.15 of 2023: Innovations, Ethical Compliance for Arbitrators, and Enhanced Procedural Roles for Arbitral Institutions

Kluwer Arbitration

DECEMBER 2, 2023

For example, establishing the threshold for prejudice, setting standards for the recusal of arbitrators, outlining mandatory disclosure requirements, and building a body of precedent will be crucial to providing a comprehensive framework for the qualification of an arbitrator.

Ethics

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European Court of Auditors publishes report on public procurement

Telles.eu

DECEMBER 5, 2023

As several objectives of the 2014 reform remain unattained, we conclude that, the entry into force of the 2014 directives has had no demonstrable effect. (…) Also, as publication rates remain low, transparency, a key safeguard against the risk of fraud and corruption, is negatively affected. Its deadline was 18 April 2019.

Public Procurement

Public Procurement Procurement Thresholds Corruption

The Faith of the Fair and Equitable Treatment Clause in Africa

Kluwer Arbitration

FEBRUARY 10, 2024

Such framing sets a higher threshold for establishing a violation of FET. In 2014, South Africa terminated its BITs with six European countries and in 2015 passed the Protection of Investment Act (“PIA”) , which will eventually replace all BITs. The PIA, which came into effect in 2018, introduced several changes.

Balance

Balance Negotiation Thresholds Ethics

Enforcing Interim Awards in Pakistan – Finality or Binding?

Kluwer Arbitration

FEBRUARY 28, 2024

2014) enforced a supplemental award restraining the respondent to satisfy an interim award with escrowed funds. The threshold to challenge an interim award on the basis of its finality is lower in comparison to establishing whether such an interim award is binding or not. The judgment of Ecopetrol S.A. Offshore Expl. & & Prod.

Import

Import Thresholds Contract Corruption

Looking into Antonio Costa legacy as PM from a procurement perspective

Telles.eu

NOVEMBER 7, 2023

With today's announcement of his resignation on the back of a corruption probe, the time of Antonio Costa as Portuguese Prime-Minister reached its end. The transposition of the 2014 Directives His first government transposed the 2014 Directives fashionably late in August 2017. But fashionably late it was nonetheless.

Procurement

Procurement Thresholds Tender Transparency

Public Procurement Central

Pakistani Energy Sector Parties Challenge Arbitration Awards in the English High Court on the Grounds of ‘Serious Irregularity’

Arbitrator’s Bias as a Ground for Challenging a Foreign Award: The Indian Perspective

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Arbitration Agreements and Insolvency Proceedings: Comparing the Pro-Arbitration Perspectives in Singapore, the United Kingdom, and India, and Calling for International Consensus

Sovereign Immunity and Issue Estoppel: English High Court’s Latest Decision in the Longstanding Yukos v. Russia Enforcement Saga

Much Ado About Nothing? – Advocating for Legality Clauses instead of ESG and CSR Investor Obligations in International Investment Agreements

Red Eagle v. Colombia: Colombia’s Decisions to Protect Páramos Do Not Constitute a Violation of the Minimum Standard of Treatment vis-à-vis an Investor with No Vested Right

Red Eagle v. Colombia: Colombia’s Decisions to Protect Páramos Do Not Constitute a Violation of the Minimum Standard of Treatment vis-à-vis an Investor with No Vested Right

KluwerArbitration ITA Arbitration Report, Volume No. XXI, Issue No. 12 (December 2023)

UAE’s Arbitration Law Transformation Through Federal Decree Law No.15 of 2023: Innovations, Ethical Compliance for Arbitrators, and Enhanced Procedural Roles for Arbitral Institutions

European Court of Auditors publishes report on public procurement

The Faith of the Fair and Equitable Treatment Clause in Africa

Enforcing Interim Awards in Pakistan – Finality or Binding?

Looking into Antonio Costa legacy as PM from a procurement perspective

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