Thirdly Edition 8

INTERNATIONAL ARBITRATION 1/3LY

NEWS IN BRIEF 41

NOTABLE C A SES

FORTHCOMING E VENT S 2016 / 2017

> I CS ID TRIBUNAL : FOR THE F IRST T IME IN I CS ID ’ S HI STORY, A TRIBUNAL HA S RECONS IDERED ONE OF I T S DECI S IONS AF T ER F INDING I T HAD BEEN MI SLED IN A DI SPUT E OVER A TANZ ANI AN POWER PL ANT IN STANDARD CHART ERED BANK (HONG KONG) V TANZ ANI A ELECTRI C SUPPLY COMPANY L IMI T ED ( I CS ID C A SE NO. ARB / 10 / 20) . IN AN AWARD ON 12 SEP T EMBER , A TRIBUNAL CHA IRED BY C ANADI AN- NEW ZE AL ANDER DONALD MCRAE ORDERED TANZ ANI A’ S STAT E- OWNED POWER COMPANY TANESCO TO PAY US$148 MILL ION PLUS INT EREST TO THE HONG KONG ARM OF THE UK ’ S STANDARD CHART ERED BANK WHILE , IN 2014 , I T HAD I SSUED A DECI S ION ON JURI SDI CT ION AND L I ABIL I T Y IN STANDARD CHART ERED ’ S FAVOUR BUT DECL INED TO AWARD DAMAGES . > S INGAPORE HIGH COURT : IN BBW V BBX [2016] SGHC 190 A S INGAPORE HIGH COURT JUDGE RULED THAT S INGAPORE AN COURT S HAVE THE INHERENT POWER TO SE AL DOCUMENT S TO KEEP ARBI TRAT ION PROCEEDINGS SECRE T, E VEN THOUGH THE COUNTRY ’ S INT ERNAT IONAL ARBI TRAT ION ACT DOES NOT EXPL I CI T LY S AY SO. > ENGL I SH COMMER CI AL COURT: IN ESS AR OILF IELD SERV I CES L IMI T ED V NORSCOT RIG MANAGEMENT PV T L IMI T ED [2016] QBD ( COMM) , JUDGE WAKSMAN QC REJECT ED AN AT T EMPT BY ESS AR OILF IELD SERV I CES ( ESS AR) TO SE T A S IDE THE 2015 PART I AL AWARD OF I CC ARBI TRATOR S IR PHIL IP OT TON ALLOWING A PART Y TO RECOVER I T S THIRD - PART Y FUNDING COST S . ESS AR WA S ORDERED TO RE IMBURSE NORSCOT RIG MANAGEMENT USD1. 9 MILL ION THAT I T HAD PA ID TO LONDON- BA SED WOODSFORD L I T IGAT ION FUNDING. OT TON FOUND THAT ESS AR HAD DEL IBERAT ELY PUT NORSCOT IN A POS I T ION WHERE I T COULD NOT FUND THE ARBI TRAT ION OUT OF I T S OWN RESOUR CES AND THAT I T HAD BEEN RE A SONABLE FOR I T TO OBTA IN £647, 000 FUNDING. JUDGE WAKSMAN EXPRESSED THE V IEW THAT OT TON HAD BEEN CORRECT TO CONSTRUE THE T ERM ( LEGAL AND OTHER COST S ) IN THE ARBI TRAT ION ACT 1996 ( THE ACT ) A S INCLUDING THIRD - PART Y FUNDING.

> I CS ID TRIBUNAL : IN RESUBMI SS ION PROCEEDINGS FOLLOWING THE PART I AL ANNULMENT OF AN AWARD, AN I CS ID TRIBUNAL REFUSED TO AWARD ANY COMPENS AT ION TO THE CL A IMANT S IN V I CTOR PE Y C A S ADO AND PRES IDENT ALLENDE FOUNDAT ION V REPUBL I C OF CHILE ( I CS ID C A SE NO. ARB / 98 / 2) BEC AUSE THE Y HAD FA ILED TO ADDRESS OR S AT I SF Y THE BURDEN OF ESTABL I SHING LOSS AND DAMAGE AND C AUS AT ION. > BRAZ IL I AN SUPERIOR COURT OF JUS T I CE : IN CHAVAL NAVEGAÇÃO LTDA ( CHAVAL ) V L IEBHERR BRA S IL – GUINDA ST ES E MÁQUI A S OPERATRI ZES LTDA ( L IEBHERR) , SPECI AL APPE AL N.1. 500 . 667 / RJ (2013 / 0229745 -5) , THE COURT CONS IDERED WHE THER AN ARBI TRATORS ’ REFUS AL TO GRANT A REQUEST FOR INDEPENDENT EXPERT E V IDENCE CONST I TUT ED A V IOL AT ION OF THE ADVERS ARI AL PRINCIPLE JUST IF Y ING A SE T- A S IDE OF THE ARBI TRAL AWARD. ACCORDING TO THE STJ, ARBI TRATORS ARE FREE TO DECIDE ON ALL PROCEDURAL I SSUES INVOLV ING THE ARBI TRAT ION, PROV IDED THE Y DO NOT V IOL AT E A PART Y ’ S RIGHT TO DUE PROCESS . TO ALLOW A COURT TO RE V IEW SUCH DECI S IONS DE NOVO COULD BE DEEMED TO CONST I TUT E A V IOL AT ION OF THE PRINCIPLE OF KOMPE T ENZ - KOMPE T ENZ AND A SUPPRESS ION OF THE ARBI TRAL TRIBUNAL’ S JURI SDI CT ION. THUS , THE ARBI TRAL AWARD WA S DECL ARED VAL ID AND ENFOR CE ABLE . > TA I ZHOU INTERMEDI ATE PEOPLE ’ S COURT: IN TA I ZHOU HAOPU INVESTMENT CO. , LTD. V WI COR HOLDING AG, TA I ZHOU COURT, P. R . CHINA , C A SE DOCKE T NUMBER : [2015] TA I ZHONG SHANG ZHONG SHEN Z I , NO. 00004 (2 JUNE 2016) , THE TA I ZHOU INT ERMEDI AT E PEOPLE ’ S COURT OF J I ANGSU PROV INCE DENIED THE RECOGNI T ION AND ENFOR CEMENT OF AN I CC AWARD ON THE BA S I S OF THE PUBL I C POL I CY EXCEP T ION UNDER ART I CLE 7 OF THE ARRANGEMENT CONCERNING MUTUAL ENFOR CEMENT OF ARBI TRAL AWARDS BE T WEEN THE MA INL AND AND THE HONG KONG S AR . THI S I S NOT THE F IRST T IME A CHINESE COURT HA S REL IED ON THE PUBL I C POL I CY EXCEP T ION TO REFUSE ENFOR CEMENT AND RECOGNI T ION OF A FORE IGN ARBI TRAL AWARD.

NOVEMBER 13/15 ICC Miami Conference on International Arbitration [Miami] 13/17 Dubai Arbitration Week [Dubai] 16 CIArb Alexander Lecture: Use and abuse of due process in international arbitration [London] 17 3rd Annual GAR Live Dubai [Dubai] 25 4th Annual GAR Live Paris [Paris] 30 ICC United Kingdom – Annual Arbitration Conference [London]

DECEMBER 01/02 IBA Mediation v Arbitration: Best Friends or Best Enemies? A view from Asia [Hong Kong] 09 33rd AAA-ICC-ICSID Joint Colloquium on International Arbitration [Paris]

FEBRUARY 22 2nd Annual GAR Live Abu Dhabi [Abu Dhabi]

MARCH 22 2nd Annual GAR Live Abu Dhabi [Abu Dhabi] 30/31 IBA 20th Annual International Arbitration Day [Milan, Italy]

APRIL 01 LCIA European Users’ Council Symposium, A one-day symposium following the IBA International Arbitration Day 03 5th ICC MENA Conference on International Arbitration [Dubai, United Arab Emirates] 24 1st ICC European Conference on International Arbitration [Paris, France]

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