Shanghai Electric swept two SIAC arbitrations against Reliance worth USD 146 million. Now comes the harder question: can it actually collect? That answer is still very much open. Background The saga started in 2008. Sasan Power Limited, a subsidiary of Reliance Infrastructure Limited (“Reliance Infrastructure”), was building the Sasan Ultra Mega Power Project – a … Continued

The latest ICSID cases statistics The International Centre for Settlement of Investment Disputes (ICSID) has recently published statistics for the latest financial year from 1 July 2025 to 30 June 2026 (‘FY2026’) which makes for interesting reading. Caseload After the ICSID Convention had been submitted for signature in 1965 and had entered into force in 1966, … Continued

For many years, mediation was viewed as something the courts could strongly encourage but not necessarily require. That position has changed significantly. Following the Court of Appeal’s landmark decision in Churchill v Merthyr Tydfil County Borough Council [2023] EWCA Civ 1416, the courts of England and Wales can now order parties to participate in a … Continued

The Supreme Court has clarified the meaning of “debt” for the purposes of a bankruptcy petition, holding that an unrecognised foreign judgment may give rise to a sufficient legal obligation at common law. On 27 July 2026, the UK Supreme Court handed down its judgment in Valeriy Ernestovich Drelle v Servis-Terminal LLC (In Liquidation in … Continued

No qualified investment made as the embassy is not a territory of the sending State, says investor-State tribunal Can works carried out in a State’s embassy abroad qualify as an investment made “in the territory” of that State under a bilateral investment treaty? In Spentech Engineering Limited v United Arab Emirates (ICSID Case No. ARB/24/16), … Continued

Guidelines for businesses and individuals Key takeaways Use clear dispute-resolution clauses on governing law, forum and enforcement. Choose the right forum for the recovery of assets, not only for convenience. Secure a favourable court, before the other side does. Conduct early sanctions checks on parties, assets, banks and payment routes.   Why multi-jurisdictional disputes are … Continued

Alternative Dispute Resolution in commercial litigation: is court always necessary? When commercial disputes arise, many parties assume that court proceedings are the inevitable next step. In reality, litigation is often only one of several options available. Alternative Dispute Resolution (ADR) offers parties a range of methods to resolve disputes without engaging in lengthy and costly … Continued

In 2025, Russia signed three new BITs: with China (in force), Congo and Myanmar (signed but not in force). These BITs share a number of distinctive features compared to the previous generation of Russia’s BITs, and they largely copy the BIT Guidelines adopted by the Government of Russia in 2016. The implemented changes also suggest … Continued

International arbitration has become the preferred method of resolving complex cross-border disputes. For businesses operating globally, it offers a flexible, confidential, and enforceable alternative to traditional litigation. However, while the concept of arbitration is widely understood, the reality is far more nuanced. The strategic decisions made before and during proceedings can have a significant impact … Continued

Sanctions, Russian countermeasures, anti-suit, anti-arbitration and anti-enforcement injunctions have been discussed at the HKA event “Damages, Sanctions, and Justice in a Fractured World” at the inaugural London Arbitration Week. From the outset, it was noted that only 1.2% of all sanctions are issued by the UN Security Council. Sanctions in relation to the most sanctioned … Continued