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The risk of annulment is different for arbitrations seated in Germany, England and France.
Just ask Google. Whatever the question, our first port of call is to check the internet. But are arbitrators permitted to go online to research a point of fact relevant to the case before them? If they do, must they give the parties an opportunity to comment on their findings? The answers may be different for arbitrations seated in Germany, compared to those seated in England and Wales, and France.
German court pushes the like button
The Frankfurt Higher Regional Court had to answer these questions in a recent ruling (Docket No 26 Sch 18/20) on the enforceability of an arbitral award obtained by an Austrian pharmaceutical company (AOC) against a biotech firm based in Taiwan (PEC). The tribunal had awarded AOC around EUR140 million in damages in a Frankfurt-seated arbitration under the 2017 ICC Rules. PEC applied to the Higher Regional Court for annulment because the tribunal had consulted th
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Climate sign: The court orders Royal Dutch Shell to reduce emissions business and economic news
In a milestone in the climate crisis, a Dutch court on Wednesday ordered the energy giant Royal Dutch Shell to reduce its carbon emissions by 45% by 2030 compared to 2019 levels.
The Dutch court on Wednesday ordered Royal Dutch Shell to reduce its carbon emissions by 45% compared to 2019 levels by 2030. This is a landmark case filed by the Climate Action Group. The decision praised the decision. The victory of the earth.
The Hague District Court ruled that the Anglo-Dutch energy giants have a responsibility to reduce emissions carefully, and that their current emission reduction plans are not specific enough.
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