A group of hospitality policyholders failed in their attempt to obtain cover under a business interruption policy as it was determined, in an ad hoc arbitration, that the UK central government did not constitute “a competent...more
11/23/2021
/ Arbitration ,
Business Interruption ,
Business Losses ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Denial of Insurance Coverage ,
Infectious Diseases ,
Insurance Claims ,
Insurance Litigation ,
International Arbitration ,
Policy Exclusions ,
Policy Terms ,
UK
In April 2020 and following an inconsistent approach by the English courts to the question of which law governs an arbitration agreement, the English Court of Appeal held in Enka Insaat Ve Sanayi AS v. OOO “Insurance Company...more
An International Centre for Settlement of Investment Disputes (ICSID) tribunal has recently dismissed the jurisdictional challenges of the Republic of Cyprus and is pushing ahead with a multiparty arbitration commenced by...more
6/4/2020
/ Arbitration ,
Banks ,
Bilateral Investment Treaties ,
Bondholders ,
Court of Justice of the European Union (CJEU) ,
Cyprus ,
EU ,
Foreign Jurisdictions ,
ICSID ,
International Arbitration ,
Restructuring