Twin brothers Ioan and Viorel Micula – who won a US$250 million ICSID award against Romania in 2012 – have filed a fresh claim over its failure to police the alcohol black market, while the state also faces new claims under the Energy Charter Treaty.
GAR has obtained a copy of the decision declining to disqualify Australian arbitrator Gavan Griffith QC from an ICSID case against St Lucia over views he expressed that claimants backed by third-party funders should be liable for security for costs in investor-state cases.
Gavan Griffith SC was appointed to the tribunal by St Lucia
Practitioners from Bahrain, Egypt, Qatar, Saudi Arabia and the United Arab Emirates spoke at the first GAR Live Dubai hosted by the Dubai International Arbitration Centre – tackling enforcement of arbitral awards in the region among other sensitive issues.
The International Council of Arbitration for Sports, the 20-strong governing body of the Court of Arbitration for Sport in Lausanne, has elected eight new members who will oversee the administration and finances of the court and appoint arbitrators to resolve disputes at sporting events such as the Olympics and Commonwealth Games.
In speeches given at Sydney and Dubai Arbitration Weeks, Michael Hwang SC has addressed the potential of the courts of the Dubai International Financial Centre and the planned Singapore International Commercial Court to complement international arbitration and vice versa.