Arbitration

Negative Effect of Competence-Competence in Mozambique Fishing Project Dispute: Case Headed to Arbitration

The Privinvest Group, (“Prinvinvest”), an Abu Dhabi, United Arab Emirates based holding company operating in the shipbuilding industry, has obtained a decision in the proceedings against it introduced by Mozambique to be stayed in favor of arbitration. The decision rendered on March 11, 2021 pertains to a jurisdictional dispute brought under Section 9 of Mozambique’s 1996 Arbitration Act relating to the competence of the arbitral tribunal.

Definitive Greenlight for Vedanta to Pursue Arbitration Against Zambia in Mining Dispute

A week ago, the Zambian Court of Appeal issued an order to halt the liquidation of the public limited company Konkola Copper Mines (“KCM”). The liquidation proceedings were attempted by State Owned Entity ZCCM Investments Holdings, a successor company to Zambia Consolidated Copper Mines Limited (ZCCM Ltd). Zambia is already defending an ICSID claim in the mining sector filed this summer by Kansanshi Mining Plc.

Award Without Damages Rendered Against Egypt in Cementos la Union

It was reported that before the operating plant was due to operate in 2008, Egypt implemented new measures requiring the Arabian Cement Company to pay additional licensing and electricity fees. The essence of the case concerned the Egyptian authorities failure to provide gas and electricity supply to the cement plant, as well as the denial of justice by the Egyptian judiciary. Claimants consequently requested USD 236 Million in damages.

The Nigerian Institute of Chartered Arbitrators Annual Conference Report: Making Arbitration and ADR Work for Africa

The focus of the Conference was to promote Alternative Dispute Resolution (ADR) as a viable mechanism for dispute resolution in Africa and to discuss ways to ensure that disputes originating from, and terminating in Africa, are resolved within the continent. This will in turn boost the African economy and promote arbitration law and practice in the region.

Arbitration Award May Now Be ‘Final’: Changes In The Ethiopian Draft Arbitration Law

October 17, 2020

Introduction Concerning finality of arbitral awards, the working approach in Ethiopia is that arbitration award is not final unless the arbitration agreement contains a finality clause. Even those arbitral awards based on agreements with a finality clause may be reviewed by the Federal Supreme Court Cassation Bench (the Bench) based on basic errors of law. But, arbitral awards given abroad are not subject to review by the Bench.