Arbitral Digest

Matter

FG Hemisphere Associates LLC v Democratic Republic of Congo

ICC awards against Congo and its electricity company, assigned to FG Hemisphere, with New South Wales court proceedings concerning their enforcement.

  • Recognition and enforcement of arbitral awards
  • Interim measures
Industry type
Electricity, gas, steam and air conditioning supply

Procedural record

  1. 1 November 2010Australia

    1 November 2010Australia

    Judgment of the Supreme Court of New South Wales in the case SC 2009/298610 dated 1 November 2010

    Supreme Court of New South Wales

    Case no.
    SC 2009/298610
    Citation
    FG Hemisphere Associates LLC v Democratic Republic of Congo [2010] NSWSC 1394
    Decision summary
    The Supreme Court of New South Wales recognized and enforced two ICC foreign arbitral awards as judgments against the Democratic Republic of Congo and Societe Nationale d'Electricite in favour of FG Hemisphere Associates LLC, including the stated principal sums, interest, arbitration expenses and indemnity costs.

    Participants

    FG Hemisphere Associates LLC
    Representative
    A.S. Bell SC (For: FG Hemisphere Associates LLC)
    Representative
    Gilbert and Tobin (For: FG Hemisphere Associates LLC)
    Democratic Republic of Congo
    Societe Nationale d'Electricite
    Supreme Court of New South Wales
    Judge
    Hammerschlag J
    Other
    Witness
    Peter James Grossman

    Authorities cited

    2
    • International Arbitration Act 1974 (Cth)
      statute
    • Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958)
      treaty
  2. Date not availableArbitration

    Date not availableArbitration

    First Arbitral Award

    International Court of Arbitration of the International Chamber of Commerce

    Decision summary
    The award held the Democratic Republic of Congo and Societe Nationale d'Electricite jointly and severally liable to pay Energoinvest DD US$11,725,844.96, with specified interest and arbitration expenses.

    Participants

    Energoinvest DD
    Democratic Republic of Congo
    Societe Nationale d'Electricite
    International Court of Arbitration of the International Chamber of Commerce
  3. Date not availableArbitration

    Date not availableArbitration

    Second Arbitral Award

    International Court of Arbitration of the International Chamber of Commerce

    Decision summary
    The award held the Democratic Republic of Congo and Societe Nationale d'Electricite jointly and severally liable to pay Energoinvest DD US$18,430,555.47, with specified interest and arbitration expenses.

    Participants

    Energoinvest DD
    Democratic Republic of Congo
    Societe Nationale d'Electricite
    International Court of Arbitration of the International Chamber of Commerce

Matter record

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FG Hemisphere Associates LLC v Democratic Republic of Congo · Matter