Arbitration Archives -

GCNet loses GH¢4bn arbitration claim; Ghana awarded $2.2 million cost

An international arbitration tribunal in London has ruled decisively in favor of the Government of Ghana in its legal dispute with Ghana Community Network Services Limited (GCNet). The tribunal rejected GCNet’s claims and awarded Ghana $2,185,983.21 in legal costs, comprising $1,744,050.42 for legal representation and $441,932.79 for expert witness fees. Should the payment be delayed […]

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U.S. court awards $111m to Trafigura in judgment debt default against Ghana

A District of Columbia Court in the United States has granted a Motion for Default Judgment in favour of the Ghana Power Generation Company (GPGC), ordering the Ghana government to pay $111,493,828.92, plus mandatory post-judgment interest. This ruling follows Ghana’s failure to fully comply with an earlier tribunal decision from the United Kingdom. On January

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Paris Olympics: IOC says US gymnast Chiles must hand back bronze after court ruling

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American gymnast Jordan Chiles will have to return her bronze medal from the women’s artistic gymnastics floor exercise final at the Paris Games, the International Olympic Committee announced on Sunday. The decision comes less than 24 hours after the Court of Arbitration for Sport (CAS) ruled the IOC should strip Chiles of her Olympic bronze,

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Edward Bawa Writes: ENI/VITOL arbitration: Analysis of Attorney General’s press release and recommendations for future conduct

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Introduction The recent arbitration between ENI/VITOL and the Government of Ghana (GOG) along with the Ghana National Petroleum Corporation (GNPC) has highlighted significant issues within the management and regulatory practices of Ghana’s petroleum sector. The Attorney General’s press release following the tribunal’s decision framed the outcome as a victory for Ghana. However, a detailed examination

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$300 Million Cassius Mining dispute: Laws of Ghana must apply – International arbitration tribunal rules

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The Permanent Court of Arbitration (PCA) in The Hague, Netherlands, has ruled that the laws of Ghana shall apply to an international arbitration instituted by Australian mining company, Cassius Mining company, against the government of Ghana (GoG). Cassius is seeking about $300 million in damages with a claim that the GoG breached its contractual obligations

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