Organisation: ConocoPhillips
ICSID counsel joins new Chilean boutique
Francisco Grob has left ICSID after seven years as legal counsel to join Jana & Gil Dispute Resolution, the Chilean boutique recently launched by former members of Bofill Mir & Álvarez Jana.
03 August 2022
Perenco secures freeze on Ecuador accounts in Luxembourg
Bahamian oil company Perenco has frozen Luxembourg bank accounts used by Ecuador to make coupon payments associated with sovereign bonds, with the ICSID award holder claiming this raises the possibility of the state defaulting to creditors.
01 August 2022
Who is sitting at ICSID?
There have been 12 new panels formed at ICSID in the past nine weeks, including first-time appointments for Michael Chertoff of the US, Japan’s Yoshimi Ohara, Argentina’s Ignacio Torterola, Peruvian Carlos Paitan Contreras and France’s Jane Willems.
25 July 2022
Venezuelan state entity dodges ICSID enforcement in Singapore
Singapore’s High Court has refused to allow one of Venezuela’s ICSID creditors to enforce a US$500 million-plus award against the assets of a state-owned entity facing US sanctions.
20 July 2022
Venezuela challenges “corrupted” Conoco annulment committee
Following arbitrator Kevin Kim’s resignation from an ICSID annulment committee hearing Venezuela’s bid to overturn a US$9 billion award in favour of ConocoPhillips, the state has challenged two more panel members on the basis that they were “corrupted” by his actions.
21 June 2022
Korean arbitrator quits Conoco panel over counsel work
South Korean arbitrator Kap-You (Kevin) Kim has resigned from an ICSID committee hearing Venezuela’s bid to annul a US$9 billion award held by ConocoPhillips after disclosing that he is working alongside the US oil company’s counsel in an unrelated case.
23 March 2022
Three Crowns launches in Singapore
Three Crowns has opened a new office in Singapore and recruited partner Daryl Chew from Shearman & Sterling to help the firm’s expansion in the Asia-Pacific region.
17 February 2022
Peru threatens claim against Repsol over oil spill
Peru has said it is contemplating international arbitration against Spanish energy company Repsol after declaring an environmental emergency over a massive oil spill off the country’s coast.
31 January 2022
Venezuela loses US appeal over attached shares
A US appeals court has said it lacks jurisdiction to intervene in Canadian mining company Crystallex’s efforts to execute a US$1.4 billion ICSID award against Venezuela’s largest foreign asset as the lower court has yet to make a final decision.
19 January 2022
King & Spalding promotes five
King & Spalding has promoted three international arbitration practitioners to the partnership in its US and Singapore offices and named another two as counsel in Europe.
03 December 2021