USA—Chinese companies cannot set aside ad hoc investment treaty arbitration award on arbitrability grounds (Beijing Shougang Mining Invest v Mongolia)

Table of contents

• What did the court decide?

Article summary

Law360: The US Court of Appeals for the Second Circuit refused to revive claims asserted by a trio of Chinese companies against Mongolia over a revoked iron ore mining licence, saying the parties’ conduct made it clear that they wanted the arbitral tribunal to resolve the issue of whether the investment dispute belonged in arbitration.