By: Brian Hwang, articles editor “In a fight between whales, the shrimp’s back gets broken” is an old Korean proverb reflecting on a history of geopolitical squeeze. Within the past seventy years, the Republic of Korea (“ROK”) experienced rapid industrialization and unprecedented economic growth. Although the country is still a newcomer in the international arbitration…
Category: Arbitration
Russian Invasion of Ukraine Brings an Influx of Arbitration in LNG Disputes
By: Erin Moloney, Articles Editor Liquified natural gas (“LNG”) disputes are rising due to increasing pressures from the global energy market following the Russian invasion of Ukraine, leading to price increases, an influx of arbitration, and environmental concerns. LNG, a natural gas and cleaner alternative to oil and coal, is rapidly increasing in demand. In…
What We Can Learn from the Notorious P&ID v. Nigeria
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…
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…
