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You are reading the January 2024 Update of the Bass, Berry & Sims Enforcement Roundup, where we bring notable enforcement actions, policy changes, interesting news articles, and a bit of our insight to your inbox. Israeli citizen was arrested for illegally exporting thousands of U.S. Overview January saw continuing focus on Russia.
Baker McKenzies Canadian international trade and customs team is publishing a series of articles reviewing 2024 trade and customs compliance developments and looking ahead to 2025s burgeoning issues. Market Watch Unit In the 2024 federal budget , the Government of Canada proposed $10.5
We invite you to join us to gain practical insights and analysis on significant developments across: antitrust and competition export controls, sanctions and foreign investment customs and FTAs anti-bribery, corruption and economic crime ESG, supply chain and product compliance View the detailed agenda for all sessions during the conference.
А56-16212/2024). Background By way of background, Uniper and Metha entered into a series of long-term gas supply contracts with the Russian state-owned company Gazprom Export (“Gazprom”). The reasons behind this decision are sanctions and the now infamous Article 248.1 This case is not the first of its kind.
Recognising this, Templars, a top-tier Nigerian law firm, hosted an event on 6 February 2024, titled “The Role of Arbitration in the Energy Transition in Africa”, as part of the 2024 LCIA West-Africa Roadshow. In February 2024 , Total Energies announced its plan to sell its minority stake in a Nigerian joint venture.
As part of the London International Disputes Week 2024 International Arbitration Day, Kirkland & Ellis hosted a “Panel Session on Space – Arbitration for Low Earth Orbit Disputes and Beyond.” Examples include the ABS v. Third, States still play an indispensable role in facilitating private access to space.
As part of the 2024 London International Disputes Week (“LIDW”), Kirkland & Ellis hosted an event titled “ Panel Session on Sanctioned Countries ”. For example, if sanctions or export controls hinder the performance of a contract, the tribunal must decide whether non-performance is justified.
On Monday 18 March 2024, ESSEC Business School and EFILA co-organized a panel discussion within the framework of the Paris Arbitration Week (“PAW”) 2024, discussing the interactions between Human Rights, Environmental, Societal and Governance (“ESG”), Civil Society and investment arbitration. The event was hosted by Prof.
In April 2024, a law passed by the Investment Authority opened the import, wholesale, retail and export (of raw coffee, khat, oilseeds, pulses, hides and skins, forest products, poultry and livestock bought from the local market) sectors to foreign investments.
The National Defense Authorization Act (NDAA) for Fiscal Year (FY) 2024 , signed into law on December 22, 2023, makes numerous changes to acquisition policy. The FY 2024 NDAA also includes the Federal Data Center Enhancement Act, the American Security Drone Act, and the Intelligence Authorization Act for FY 2024.
The Singapore International Arbitration Centre (“SIAC”) hosted its Annual India Conferences in Mumbai and Delhi on 6 and 7 September 2024. They argued that many developing countries entered into Bilateral Investment Treaties (“BITs”) without fully understanding the consequences, often seeing them as mere publicity opportunities.
At its 57 th Session , taking place in New York between 24 June and 12 July 2024, the United Nations Commission on International Trade Law (“UNCITRAL”) will discuss the adoption “in principle” of the draft statute of an advisory centre on international investment dispute resolution. 37, and January 2024 Session Report , paras.
On 13 June 2024, Italian Arbitration Day took place in Rome. Nigeria arbitral award and the issue of fraud and corruption. Patocchi spoke about the issue of a challenges to awards on grounds of corruption or fraud tainting the proceedings. This post offers an overview of the key takeaways from the discussion.
In this case (2024), the ground of procedural public policy is analysed. To get your free subscription to the ITA Arbitration Report, click here. The ITA Board of Reporters have reported on the following court decisions. Qidong Adi Tools Manufacturing Co. Neobis Corp S.A., Hugo Issa v. Société Indagro v. 730, Pourvoi No.
This post reviews some highlights and looks forward to developments anticipated during 2024. Chongqing SENCI Import & Export Trade Co., District Courts and Looking Ahead to 2024 In 2023, the U.S. Both cases are now on appeal to the DC Circuit and are scheduled to be heard in February 2024. Bielski , No. 22-105 (U.S.
On 8 November 2024, the Roma Tre-UNIDROIT Centre for Transnational Commercial Law and International Arbitration held its first Annual Conference , titled The Many Shades of Climate Change: Through the Lenses of Dispute Settlement, at the Bank of Italys Carlo Azeglio Ciampi Convention Centre, Rome.
As part of its broader economic strategy outlined in the Mongolia Development Plan for 2024 , Mongolia plans to sign an economic partnership agreement with Korea and a free trade agreement with China. Mongolia also aims to review and update its BITs with Vietnam and India.
2024 appeared to be one of the busiest years for investor-State dispute settlement (ISDS) reform, with significant advances in the United Nations Commission on Trade Law (UNCITRAL) Working Group III discussions and the adoption of the modernized Energy Charter Treaty (ECT). Gn nvars post, Meaningful Consensus or Delaying Disagreements?
Australasian Global Exports Pty Ltd v. The ITA Board of Reporters have reported on the following court decisions. The Ship M/V Yangtze Fortune, the Proceeds of Sale, and Yangtze Fortune Co. CPB Builder Pty Ltd and Hansen Yuncken Pty Ltd v. CBI Constructors Pty Ltd v. 1 Investment Enterprise (Limited Partnership) v.
On 9 August 2024, the Commercial High Court of England and Wales (the Court) has declined to set aside the Permanent Court of Arbitration (PCA) investment award issued in Diag & Mr. Josef Stava v Czech Republic (the Award), rejecting the jurisdictional challenges raised by the Czech Republic (the Judgement ).
Gazprom Export (discussed in a previous post ) appears to have simply disregarded an injunction by the Arbitrazh Court for Saint Petersburg and the Leningrad Region and issued a 13 billion euro award. Representative in that regard is a decision by the Higher Regional Court of Dsseldorf of 17 June 2024.
On July 8, 2024, the Argentinean Congress approved the law No. 749/2024 (the Decree ). For oil and gas, the minimum investment for transportation and storage is US$300,000,000; and US$600,000,000 for offshore projects and gas for export. 27,742 titled Bases and Starting Points for the Freedom of Argentine People (the Law ).
1re 6 November 2024 , hereinafter the Ruling) upholding the Paris C ourt of Appeal’s decision to refuse the enforcement of the preliminary award whereby the sole arbitrator affirmed his jurisdiction and determined the seat of the arbitral proceedings in Madrid in the dispute between Malaysia and the heirs of the Sultan of Sulu.
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