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Egypt has settled an ICSID claim brought by a Dubai-owned pipe manufacturer over its right to bid for tenders related to a sewerage network for “New Cairo” – a US$30 billion project to relieve overcrowding in one of Africa’s largest cities.
Shearman arbitration co-heads depart with six other partners to set up disputes firm
01 February 2021
Gaillard Banifatemi Shelbaya Disputes will open in Paris, London and New York, joint statement reveals
Paris Boris Stroujko; Shutterstock Shearman & Sterling’s veteran global international arbitration practice heads, Emmanuel Gaillard and Yas Banifatemi, have left the firm to set up an independent disputes outfit. The new firm – Gaillard Banifatemi Shelbaya Disputes – will initially be based in Paris, London and New York, with plans to expand into Asia in the near future. Gaillard – who founded Shearman’s arbitration practice back in 1987 – and Banifatemi will be joined by a team of six other former Shearman partners. The firm will focus solely on international arbitration and international law.
ICC celebrates record year for arbitration and mediation caseloads
14 January 2021
ICC celebrates record year for arbitration and mediation caseloads
Records fall as Paris body hails 9% increase in arbitration cases while its ADR centre registers its 400th case
Chrisdorney; Shutterstock Paris-based ICC’s International Court of Arbitration has reported a strong year in 2020 with 946 new cases, of which 929 were requested under its own rules, the highest figure achieved to date. The overall tally is the largest for four years and represents a 9% increase from 2019, when 869 cases were received, of which 851 were appointed under ICC rules. The rise in cases is part of a global trend with London, Singapore and Dubai all recording significant increases in referrals.