finance | banking | taxes
Reuters | 13-May-2022
Russia’s top lender Sberbank initiated investment arbitration proceedings against Ukraine after its parliament approved a presidential decree allowing for the forced seizure of Sberbank-owned assets in the country.
Arab News | 8-Mar-2022
Le Centre international pour le règlement des différends relatifs aux investissements annonce que «l’arbitrage a repris» dans l’affaire de la BFT.
The Times of India | 25-Feb-2022
The company, which is now known as Capricorn Energy PLC, in a statement said it has received "net proceeds of $1.06 billion", of which nearly 70 per cent will be returned to the shareholders.
Mint | 26-Jan-2022
As part of the settlement reached with the Indian government over the levy of back taxes, the company has withdrawn all cases that were brought to collect the tax refund ordered by an international arbitration tribunal.
DT Next | 7-Jan-2022
Britain’s Cairn Energy has dropped all lawsuits against the Indian government and its entities in courts from the US to France and to Singapore, to now be entitled for about Rs 7,900 crore refund of taxes.
Romania-Insider | 6-Jan-2022
A committee attached to the Washington International Court (ICSID) definitively rejected the €1.8 bln claims of Romanian-Swedish investors Ioan and Viorel Micula.
N1 | 17-Dec-2021
The Croatian government okayed the out-of-court settlement between Croatia and the American Colgate McCallum investment management company, which will see Croatia pay €40m to the company.
Financial Tribune | 1-Dec-2021
Bahrain has been ordered by the Permanent Court of Arbitration in The Hague to pay over €200 million in damages plus costs to two Iranian banks for the unlawful moves against their operations.
L’Orient Le Jour | 1-Dec-2021
Téhéran s’est félicité dimanche de la récente condamnation de Bahreïn à verser plus de 200 millions d’euros de compensation à deux banques iraniennes expropriées par ce pays arabe du Golfe.
In-Cyprus | 4-Nov-2021
The arbitration has been discontinued in response to the non-payment of the claimant’s portion of the required advance payment of the costs of the proceeding.
