Organisation: MOL Hungarian Oil

Spain’s state-owned airport operator says an English court has unfrozen assets relating to London’s Luton Airport, which had been targeted by one of the state’s ICSID creditors. 

20 September 2024

A consortium led by Emirati energy company Dana Gas has filed for arbitration against a Canadian contractor that halted work on a US$800 million gas project in Iraqi Kurdistan in the wake of a fatal drone attack. 

10 September 2024

In a closely watched case, a US appeals court has ruled that district courts have jurisdiction to enforce three intra-EU Energy Charter Treaty awards against Spain – while overturning anti-suit injunctions issued against the state. 

19 August 2024

Spain’s state-owned airport operator says its shares in London’s Luton Airport have been seized by a US renewable energy group seeking to enforce its €291 million ICSID award.

05 August 2024

Hungarian oil and gas group MOL has filed a new Energy Charter Treaty claim against Croatia, while it waits to see if the US courts will enforce a US$261 million award it won against the Balkan state two years ago.

21 June 2024

The International Bar Association arbitration committee has proposed updates to its guidelines on conflicts of interest in international arbitration for the first time in a decade, expanding the definition of relationships between arbitrators and parties and providing new examples of when disclosure is required.

05 March 2024

The US Department of Justice has weighed into a DC Circuit appeal over the enforcement of three Energy Charter Treaty awards against Spain, arguing that the existence of an arbitration agreement is a threshold question and that it was “improper” for a judge to issue anti-suit injunctions against the respondent state.

06 February 2024

A group of practitioners and academics have urged the US courts to enforce two Energy Charter Treaty awards against Spain worth a combined €333 million – arguing that a failure to do so would “seriously undermine the operation and legitimacy of the investor-state dispute settlement framework”.

11 July 2023

An UNCITRAL tribunal is in place to hear a contractual claim filed by Hungarian oil and gas group MOL against Croatia over the exploitation of hydrocarbons – the latest in a series of arbitrations between the parties.

23 June 2023

The International Bar Association has formed a new task force to review its guidelines on conflicts of interest in international arbitration, with amendments expected to be finalised next year.

13 April 2023