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Federal Court of Australia Clarifies Applicable Rates and Dates for Converting Amounts in Foreign Arbitral Awards to Australian Dollars

12 September 2022, by Dean Ehrlich

Should foreign currency amounts in an international arbitration award be converted to another currency? If so, on what date should the conversion be ...

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US Court of Appeals Vacates District Court Order to Reduce Amount of Attachment of Lebanese IBL Bank’s Assets

10 August 2022, by Diego Luis Alonso Massa

In a decision rendered on 5 August 2022 in the Iraq Telecom Limited v. IBL Bank S.A.L case, the United States Court of Appeals for the Second Circuit...

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ICSID Tribunal Rejects Spanish Investor’s Claims Against Costa Rica

5 July 2022, by Diego Luis Alonso Massa

ICSID Tribunal Rejects Spanish Investor’s Claims Against Costa Rica Are high-level officials obliged to remain "neutral" in the face of an...

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ICSID Tribunal Deploys UNCITRAL Transparency Rules to Order Public Disclosure of Materials and Hearings in Investment Treaty Arbitration

3 May 2022, by Diego Luis Alonso Massa

On 22 April 2022, the Tribunal in Discovery Global LLC v. Slovak Republic (ICSID Case No. ARB/21/51) issued Procedural Order No. 2 and ordered, by...

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Australian Federal Court Rejects Spain's Claim of Sovereign Immunity as a Basis for not Recognising an Arbitral Award as an Order of Court in Landmark Judgment

26 July 2021, by Diego Luis Alonso Massa

In a judgment delivered on 1 February 2021, the Full Court of the Federal Court of Australia (FCA) held that the Kingdom of Spain (Spain) could not...

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