Organisation: International Atomic Energy Agency

Ukrainian state entity Energoatom says it intends to bring a US$3 billion investment treaty claim against Russia over the expropriation of the Zaporizhzhia nuclear power plant and other assets in occupied parts of Ukraine.

17 April 2023

With tensions between Iran and Bahrain running high in part owing to recent criminal verdicts and an ongoing treaty arbitration, the Central Bank of Iran has reported that it has begun a fresh claim of around US$1 billion against Bahrain over investments in the banking sector allegedly lost in the aftermath of the 2015 Iran nuclear deal. 

09 August 2021

A trio of arbitrators is to embark on a third set of deliberations in the first known investment treaty case against Bahrain, following the unexpected deaths of two members of the original tribunal in a single year and as a massive related money-laundering case plays out in court in the Gulf state. 

26 July 2021

Ghanaian judge and arbitrator Thomas Mensah, who chaired the tribunal that arbitrated the South China Sea dispute between China and the Philippines – heralded beforehand as one of the most geopolitically important arbitrations ever – has died aged 87.

10 April 2020

An LCIA tribunal has ruled in a dispute worth over US$500 million between a Hyundai-Samsung joint venture and a South Korean state-owned entity over the construction of a nuclear power plant in the United Arab Emirates.

08 May 2019

The first known investment treaty case against Bahrain has made headlines after the state alleged that Iran secretly dodged sanctions for more than a decade with the help of a corrupt bank owned by the claimants that was introduced to the kingdom as a “Trojan horse”.

04 April 2018

Three arbitrators have been selected to hear the first known investor-state claim against Bahrain, brought by two Iranian banks which say the state seized their assets while under the sway of foreign powers.

11 October 2017

Two Iranian commercial banks have brought a claim against Bahrain, accusing the kingdom of expropriation and other treaty breaches at a time when it was going against the political grain in its attitude to Iran.

10 February 2017

09 May 2016

16 December 2015