Remove 2022 Remove Balance Remove Corruption
article thumbnail

Worley International Services v. Ecuador: The What, When and How in Corruption Allegations

Kluwer Arbitration

On its part, the Respondent raised several objections to the jurisdiction of the Tribunal, specifically pointing to several instances of corrupt and illegal acts allegedly committed by Worley at the making and during the operation of the investment. Worley may have willfully failed to monitor and investigate Tecnazul’s corrupt activities.

article thumbnail

KluwerArbitration ITA Arbitration Report, Volume No. XXI, Issue No. 9 (October 2022)

Kluwer Arbitration

Intermediate People’s Court of Beijing, (2022) Beijing 04 Minte No. 64, 27 December 2022 Arthur X. Intermediate People’s Court of Beijing, (2022) Beijing 04 Minte No. 3, 30 December 2022 Arthur X. 2022/438, Case No. 2022/5454, Case No. Fujian Dragongate Wine & Spirits Co.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

UNCITRAL Working Group II 78th Session: Seeking the Balance Between Innovation and Due Process

Kluwer Arbitration

As discussed below a recurring theme was the need to find a balance between having model clauses that were, on the one hand, innovative and likely to lead to faster and more efficient resolution of disputes in practice, while, on the other hand, containing sufficient quality and due process safeguards.

Balance 52
article thumbnail

SCC Arbitration Institute Explores Security for Costs in International Arbitration

Kluwer Arbitration

Security for costs –– a balancing act Following welcome remarks from Caroline Falconer, Secretary General of the SCC, Dr Baltag introduced the topic of security of costs as being one of the timely topics currently addressed in international arbitration. Stockholm University and member of the Board of the SCC.

Balance 52
article thumbnail

Navigating the Intersection of Sovereign Acts and Commercial Activities: Insights from Omega v. Panama

Kluwer Arbitration

In the 2022 case of Omega Engineering LLC and Oscar Rivera v. Additionally, the Claimants claimed that Panama’s actions included a smear campaign, which involved a criminal investigation into corruption allegations against Mr. Rivera, damaging his global reputation. Republic of Panama (ICSID Case No.

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart Public Procurement Can Contribute to Marofiscal Stability Smart public procurement spending can be a critical area for improving fiscal balances because it can improve the effectiveness of public expenditure by reducing waste. Better fiscal balances will contribute to greater macroeconomic stability.

article thumbnail

The Request for Suspension of the Proceeding in Ruby River Capital LLC v. Canada: Legal Issues and Political Context

Kluwer Arbitration

For the first time under Rule 54(2) of the ICSID 2022 Arbitration Rules , the Tribunal in Ruby River Capital LLC v. This post examines the standard established by the Tribunal for suspension of the proceeding under the ICSID 2022 Arbitration Rules. Canada (ICSID Case No.

Balance 69