International Arbitration Law360 provides breaking news and analysis on international arbitration law. Coverage includes international arbitration proceedings, policy developments that affect international arbitration, and legal challenges to arbitration rulings.
Consumer technology company Samsung Electronics Co. Ltd. is seeking $429 million in arbitration from three companies for cutting off supplies of LCD panels for televisions, a Japanese electronics trader said Thursday.
Mesa Power Group LLC, which is fighting to revive its CA$775 million ($600 million) claim against Canada over the Ontario government's allegedly unfair renewable energy regulatory process, urged a D.C. federal court on Thursday to view its case as similar to one recently won by Windstream Energy LLC.
A former BigLaw attorney at Oaktree Capital Management LP who was convicted in absentia by a United Arab Emirates court of embezzling an arbitral award is off the hook in that country after the complaint against him was dropped, the asset manager said Friday.
American International Group Inc. on Thursday failed to convince a Hong Kong appeals court to take up its challenge to an arbitration award canceling its rights to a $475 million deposit on an aircraft leasing unit following a botched sales agreement, instead drawing a scolding that its application was "totally without merit."
An English High Court judge declined Friday to set aside an order registering two Swedish food investors' $250 million arbitral award over the improper revocation of certain economic incentives, but he did pause enforcement while a European court weighs whether the award violates European Union law.