By: Emily Granja, Junior Staffer On October 23,2023, England’s High Court of Justice ruled in favor of the Federal Republic of Nigeria in Nigeria v. Process & Industrial Developments Ltd. (P&ID). Reviewing the case, the High Court vacated P&ID’s $11 billion arbitral award after finding significant evidence of fraud and bribery. While the High Court’s…
Author: thearbitrationbrief
Arbitration and Climate Change: What we can learn from the ECT’s attempt at modernization
By: Scarlett Horn, Senior staffer Multilateral institutions and treaties, such as the United Nations Framework Convention on Climate Change (“UNFCCC”) and the Paris Agreement, set ambitious goals to mitigate and respond to the rapid increase of the average global surface temperature. Addressing climate change requires international cooperation, leading to the establishment of multilateral institutions and…
The Hong Kong Exodus: How Corporate Relocation Shapes the Landscape of International Commercial Arbitration
By: Isha Jadhav, Junior Staffer Many United States (“U.S.”) and Western companies are relocating out of Hong Kong, a long-revered hub for financial institutions. The question at hand is whether this so-called “exodus” impacts the scope of commercial arbitration within Hong Kong. Hong Kong has been a popular arbitral seat for many years partially because…
Salary Arbitration in Baseball Contracts
By: Caitlen Moser, Junior Staffer In December 2023, two-way baseball player Shohei Ohtani and the Los Angeles Dodgers agreed to the largest player contract in sports history, with Ohtani set to earn seven hundred million dollars over the next ten years. Unique in the modern era, Ohtani is both one of the best pitchers and…
The Tightrope Walk of FTAs: Balancing the Relationship Between Foreign Investments and Public Interests
By: Savannah Kelly, Senior Staffer Investors have the right to protect their investments just as host states have the right to protect public interests–otherwise recognized as public interest regulation. The balance between the rights of investors and that of states skews off-kilter when arbitral proceedings whittle away or strip entirely the regulatory autonomy of states….
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