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Newly Posted Awards, Decisions & Materials

27 May 2026
Posco Co. Ltd. v. Republican State Enterprise on the Right of Economic Management “National Centre for Complex Processing of Mineral Raw Materials of the Republic of Kazakhstan”, ICC Case No. 25453/HBH
Judgment of the Court of First Instance of the Astana International Financial Centre
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Judgment of the Court of First Instance of the Astana International Financial Centre
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Document Summary
Judgment of the Court of First Instance of the Astana International Financial Centre
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Procedural History and Core Jurisdictional Issue

This judgment of the Court of First Instance of the Astana International Financial Centre (AIFC) addresses an application by Posco Co. Ltd. for the recognition and enforcement of a foreign arbitral award rendered by an ICC tribunal seated in Zurich, Switzerland. The application was brought against a Kazakh state-owned enterprise after the Claimant's prior attempts to enforce the award in the regular courts of Kazakhstan were unsuccessful.

The central legal question before the AIFC Court was whether it possessed the requisite subject-matter jurisdiction to hear an application for the enforcement of a foreign arbitral award where the arbitration was not conducted under the auspices of the AIFC International Arbitration Centre (AIAC) and where the parties had not otherwise agreed to the AIFC Court's jurisdiction.

The Court's Jurisdictional Analysis

The Court, presided over by Justice Sir Rupert Jackson, conducted a detailed analysis of the AIFC's foundational legal instrument, the Constitutional Statute. The Court first determined that Article 13.4 of the Statute, which exhaustively defines the AIFC Court's exclusive jurisdiction, did not apply. The dispute did not fall into any of the enumerated categories: it was not between AIFC participants, did not relate to activities conducted in the AIFC, and was not transferred to the Court by party agreement.

The Court then examined the Claimant's argument that Article 14.4 of the Statute conferred a broader jurisdiction to enforce all foreign awards. After considering the official Russian and Kazakh texts, the Court concluded that Article 14 must be interpreted in its proper context. As Article 14 is titled 'International Arbitration Centre' and its preceding sub-articles deal exclusively with the AIAC, the Court found that Article 14.4 could only refer to the enforcement of awards rendered in AIAC-administered arbitrations. The Court reasoned that it would be "bizarre in the extreme" to construe this provision as implicitly granting a new, worldwide enforcement jurisdiction that is absent from the primary jurisdictional provision in Article 13. The Court further held that subordinate AIFC regulations purporting to grant such jurisdiction were inconsistent with the Constitutional Statute and therefore ineffective.

In its reasoning, the Court explicitly departed from the conclusions in several prior AIFC Court decisions which had assumed jurisdiction in similar circumstances, holding that those cases were wrongly decided as the jurisdictional issue had not been fully argued.

Decision

The Court held that it lacked jurisdiction to adjudicate the Claimant's application for recognition and enforcement of the foreign arbitral award. Consequently, the Claimant's claim was dismissed.



29 May 2026
Global Voice Group SA v. The Postal and Telecommunications Regulatory Authority of Guinea, and the Republic of Guinea, ICC Case No. 22467/DDA , ICC Case No. 22467/DDA
Opinion for the United States Court of Appeals for the District of Columbia District
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Opinion for the United States Court of Appeals for the District of Columbia District
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Opinion for the United States Court of Appeals for the District of Columbia District
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Procedural Posture

This opinion from the United States Court of Appeals for the District of Columbia Circuit addresses an appeal by Global Voice Group SA ("Global Voice") against the Republic of Guinea ("Guinea"). The appeal arises from a U.S. District Court decision that dismissed, for lack of subject matter jurisdiction, Global Voice's action seeking both the confirmation of an arbitral award and the recognition of a related French court judgment against Guinea. The District Court had found Guinea was immune from suit under the Foreign Sovereign Immunities Act (FSIA).

The Court's Analysis and Holdings

The Court of Appeals analyzed Global Voice's two claims separately, applying a claim-by-claim approach to FSIA immunity determinations.

Regarding the award-confirmation claim, the appellate court held that the District Court applied an incorrect legal standard. The lower court had focused narrowly on whether Guinea was a formal "party" to the underlying arbitration agreement. The Court of Appeals, relying on its recent precedent in TIG Insurance v. Republic of Argentina, clarified that the proper inquiry under the FSIA's arbitration exception (28 U.S.C. § 1605(a)(6)) is not whether the sovereign was a party, but whether the arbitration agreement "legally binds" the sovereign to arbitrate. This determination requires a two-step analysis: first, identifying the source of law governing the enforcement of the agreement, and second, applying that law to determine if the sovereign is bound, whether as a party or a non-party. Because the District Court failed to conduct this analysis, its dismissal of the award-confirmation claim was vacated.

Conversely, the court affirmed the dismissal of the judgment-recognition claim. Citing its dispositive precedent in Amaplat Mauritius Ltd. v. Zimbabwe Mining Development Corp., the court held that the FSIA's arbitration exception does not abrogate sovereign immunity for actions seeking recognition of foreign court judgments, even where such judgments arise from arbitration-related proceedings. The court reasoned that the plain language of § 1605(a)(6) is limited to actions to enforce an arbitration agreement or confirm an award made pursuant to it. Furthermore, the court reiterated its holding in Amaplat that a state's accession to the New York Convention does not constitute an implicit waiver of immunity for judgment-recognition actions under the FSIA's waiver exception (§ 1605(a)(1)).

Disposition

The Court of Appeals vacated the District Court's dismissal of the award-confirmation claim and remanded it for further proceedings consistent with the legal framework established in TIG Insurance. The court affirmed the dismissal of the judgment-recognition claim.



29 May 2026
Global Voice Group SA v. The Postal and Telecommunications Regulatory Authority of Guinea, and the Republic of Guinea, ICC Case No. 22467/DDA , ICC Case No. 22467/DDA
Order of the United States Court of Appeals for the District of Columbia Circuit
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Order of the United States Court of Appeals for the District of Columbia Circuit
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Document Summary
Order of the United States Court of Appeals for the District of Columbia Circuit
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This Order, issued sua sponte by the United States Court of Appeals for the District of Columbia Circuit, directs the Clerk of the Court to withhold the issuance of the mandate in the appeal between Global Voice Group SA and the Republic of Guinea. Citing Federal Rule of Appellate Procedure 41(b) and D.C. Circuit Rule 41, the court instructs that the mandate shall not be issued until seven days after the disposition of any timely petition for rehearing or rehearing en banc. The Order preserves the right of any party to move for an expedited issuance of the mandate upon a showing of good cause.



29 May 2026
Global Voice Group SA v. The Postal and Telecommunications Regulatory Authority of Guinea, and the Republic of Guinea, ICC Case No. 22467/DDA , ICC Case No. 22467/DDA
Judgment of the United States Court of Appeals for the District of Columbia Circuit
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LISTED PARTICIPANTS
Judgment of the United States Court of Appeals for the District of Columbia Circuit
Participants listed are for this document only, and may not include all participants involved in the entire case. Always consult the original documents.
Claimant appointee
Respondent appointee
Tribunal/Panel chair
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Claimant's counsel
Respondent's counsel
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Document Summary
Judgment of the United States Court of Appeals for the District of Columbia Circuit
This summary note is machine-generated. Always consult the original materials.

This Judgment, issued per curiam by the United States Court of Appeals for the District of Columbia Circuit, addresses an appeal by Global Voice Group SA concerning claims against the Republic of Guinea. The appeal originated from a decision of the United States District Court for the District of Columbia. The Court of Appeals ordered and adjudged a partial reversal of the lower court's decision. Specifically, the appellate court vacated the District Court's dismissal of Global Voice's claim for the confirmation of an arbitral award. However, it affirmed the dismissal of a related claim for the recognition of a judgment. The matter was remanded to the District Court for further proceedings consistent with the Court of Appeals' accompanying opinion.



18 Jul 2019
Global Voice Group SA v. The Postal and Telecommunications Regulatory Authority of Guinea, and the Republic of Guinea, ICC Case No. 22467/DDA , ICC Case No. 22467/DDA
Final Award (English)
Final Award (French)
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Final Award (English)
Final Award (French)
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Document Summary
Final Award (English)
Final Award (French)
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In Global Voice Group S.A. v. Post and Telecommunications Regulatory Authority of Guinea (ARPT) and The Republic of Guinea (ICC Case No. 22467/DDA), a three-member ICC arbitral tribunal issued a landmark Final Award addressing critical doctrines of sovereign consent, state entity attribution, and the rigorous evidentiary standards required to sustain allegations of corruption in international commercial and state-entity arbitration. The dispute arose from a 2009 Telecom Partnership Agreement designed to modernize Guinea's telecommunications monitoring infrastructure. The Claimant, Global Voice Group (GVG), alleged that ARPT and the Republic of Guinea unlawfully terminated the contract and withheld significant contractually mandated fees.

Jurisdictional Objections: Sovereign Consent and State Entity Attribution
The Defendants raised threshold jurisdictional objections, asserting that the Republic of Guinea was not bound ratione personae because it signed purely as a supervisory authority, and challenging jurisdiction ratione materiae based on mandatory provisions of the Guinean Public Procurement Code (CMP), which allegedly required ad hoc rather than institutional ICC arbitration.

The Tribunal dismissed both jurisdictional exceptions. Applying principles of international arbitration and domestic law, the Tribunal determined that the State's active participation in the negotiation, implementation, and financial benefits of the agreement—which yielded over $212 million in gross revenue—demonstrated clear, functional intent to be bound by the contract and its arbitration clause. Regarding the procurement code, the Tribunal found no operational conflict between the broad wording of the CMP and the ICC mechanism, validating the tribunal’s composition and the choice of Paris, France, as the seat of arbitration.

The Merits: Extinctive Prescription and Evidentiary Standards for Corruption
On the merits, the Defendants sought a declaration of nullity, alleging procurement violations and an underlying pact of corruption. The Tribunal dismissed the procurement-based nullity claim as time-barred under the five-year extinctive prescription period of the Guinean Civil Code.

Addressing the corruption allegations, the Tribunal reaffirmed that the burden of proof rests strictly on the party asserting it, requiring "grave, precise, and concordant" circumstantial evidence to establish corruption to a preponderance of probabilities. The Tribunal held that the Defendants' evidence—comprising disparate accusations of improper gifts, unproven vehicle transfers, and un-barreled checks—failed to form a coherent, convergent bundle of proof. Consequently, the allegations were rejected.

Award on Liability and Quantum: Abusive Termination and Damages
Finding that GVG fully performed its obligations, the Tribunal ruled the termination abusive. While it rejected GVG's attempt to invalidate a 2012 Addendum that reduced its fee structure, it awarded GVG $6,824,441.28 for unpaid invoices and $14,973,258.19 in damages for the unexpired term, totaling $21,797,699.47 plus 2% simple interest, alongside a partial allocation of arbitration costs.



28 Apr 2026
Etrak Insaat Taahut ve Ticaret Anonim Sirketi v Libya, ICC Case No. 22236/ZF/AYZ , ICC Case No. 22236/ZF/AYZ
Judgment of the Joint Court of Justice of Aruba, Curaçao, Sint Maarten and of Bonaire, Sint Eustatius and Saba
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Judgment of the Joint Court of Justice of Aruba, Curaçao, Sint Maarten and of Bonaire, Sint Eustatius and Saba
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Judgment of the Joint Court of Justice of Aruba, Curaçao, Sint Maarten and of Bonaire, Sint Eustatius and Saba
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Procedural Posture and Decision

This judgment of the Joint Court of Justice of Aruba Curaçao Sint Maarten and of Bonaire Sint Eustatius and Saba dismisses an appeal brought by Etrak Insaat Taahhut ve Ticaret A.S. ('Etrak') against a first-instance decision. The lower court had refused to recognize and enforce an ICC arbitral award rendered against the State of Libya and had lifted pre-judgment attachments placed by Etrak on shares held by three Libyan state-owned entities: Libyan Foreign Investment Company (Lafico) the National Oil Corporation (LNOC) and Libyan Foreign Bank (LFB) (collectively 'Lafico c.s.'). The Joint Court upholds the lower court's decision and rejects the appeal on three independent grounds.

The Court's Analysis

First the Court held that the arbitral award was not eligible for recognition. The Court found that the ICC tribunal had incorrectly assumed jurisdiction over the dispute under the Libya-Turkey Bilateral Investment Treaty (BIT). It reasoned that the underlying dispute arose from construction activities that pre-dated the BIT's entry into force and a subsequent settlement agreement did not qualify as a new 'investment' protected by the treaty. In this finding the Court aligned its reasoning with prior decisions from German and French courts concerning the same award.

Second and assuming the award were recognizable the Court found that Etrak had failed to establish that Lafico c.s. were alter egos of the State of Libya. The Court affirmed that Lafico c.s. are distinct legal persons under both Libyan and Curaçao law. It concluded that Etrak had not proven the existence of exceptional circumstances such as abuse of legal personality that would warrant piercing the corporate veil to hold the state-owned entities liable for the state's debt.

Third the Court determined that even if the award were recognizable and the entities were alter egos of Libya the attached assets would be protected by state immunity from execution. The Court applied the principles of restrictive immunity as reflected in Article 19(c) of the 2004 UN Convention on Jurisdictional Immunities of States which it considered to be customary international law applicable in Curaçao. It affirmed the presumption of immunity for state property and placed the burden of proof on the creditor Etrak to demonstrate that the assets were specifically used or intended for use for non-governmental commercial purposes. The Court found that Etrak failed to meet this burden reasoning that the commercial nature of the underlying company (Oilinvest) whose shares were attached did not prove that the shares themselves had a non-public commercial destination. A state may hold commercial assets for sovereign public purposes and Etrak did not provide sufficient evidence to rebut this presumption.

Disposition

The Court rejected the appeal in its entirety and ordered Etrak to bear the costs of the proceedings.



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