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Tackling Corruption in the Arbitral Process: Reflections on Nigeria v Process and Industrial Developments Limited

Kluwer Arbitration

On 23 October 2023, the English High Court handed down a landmark decision setting aside a USD 11 billion arbitral award (the final award) obtained by a British Virgin Islands (“BVI”) company, Process and Industrial Developments Limited (“P&ID”), against the Federal Republic of Nigeria.

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The 2023 SIAC Draft Rules: Raising the Bar for Efficiency

Kluwer Arbitration

On 22 August 2023, the Singapore International Arbitration Centre (“ SIAC ”) published the Draft 7th Edition of the SIAC Rules (the “ Draft Rules ”) for public consultation. The public consultation period remains in effect until 21 November 2023 and comments can be submitted via email to rulesconsult2023@siac.org.sg Draft Rule 14.1(b)

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Kluwer Arbitration ITA Arbitration Report, Volume No. XXII, Issue No. 5 (May 2023)

Kluwer Arbitration

et autres, Court of Appeal of Paris, , 12 September 2023 Nataliya Barysheva, Valentine Chessa and Yoshie Concha Takeshita, MCL Arbitration, ITA Reporters for France The Paris Court of Appeal confirms its stance to protect dual nationals under treaties silent on the matter. Société OB Lavau et autre v. République Socialiste du Vietnam v.

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2023 Copenhagen Arbitration Day Recap: The Future of Arbitration

Kluwer Arbitration

Following the success of previous editions (see here for previous coverage), the fourth edition of Copenhagen Arbitration Day took place in October 2023. 2016.1558/2H), which sets a high threshold for any setting aside arguments. 1, to what arbitration could be like in 2035. The Supreme Court decision (U.2022.1117)

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

Kluwer Arbitration

18/14721, 10 January 2023 Nataliya Barysheva and Valentine Chessa, MGC Arbitration, ITA Reporters for France In the Moldova v. Société Stileks Scientific and Production Firm LLC, intervenante volontaire à titre principal pour la Société Komstroy, Court of Appeal of Paris, RG No. Société Kraydon Ltd v. Mme Mehta et autres v.

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Dodd-Frank Act Programs Have Awarded over $2 Billion to Whistleblowers

Whistleblower Network News

During the 2023 Fiscal Year, the Dodd-Frank Act whistleblower programs of the U.S. “Passing the $2 billion threshold in whistleblower awards is a major milestone for the Dodd-Frank whistleblower programs and a testament to how they have revolutionized the enforcement of white-collar crime,” said whistleblower attorney Stephen M.

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The Double Hatting Paradox in Investment Arbitration: Justification For Abolition?

Kluwer Arbitration

The Draft Code of Conduct for Arbitrators in International Investment Disputes was adopted by UNCITRAL in July 2023. Explicit recognition of this lower threshold in investment arbitration may prima facie appear to have resolved the complication arising out of the interpretation of the term “manifest” in Article 57 of the ICSID Convention.