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.
A French appeals court weighing whether to enforce $50 billion in annulled arbitral awards against Russia that were issued to former shareholders of Yukos Oil Co. said Tuesday that it is considering asking the European Court of Justice to interpret certain aspects of the Energy Charter Treaty, the instrument under which the claims were brought.
Two companies hailing from the U.K. and Luxembourg on Tuesday obtained a New York federal court's blessing of a more than €128 million arbitral award, which they won from a World Bank tribunal following a dispute with Spain over renewable energy subsidies.
A Texas appeals court ruled Tuesday that a lower court had improperly infringed on an arbitration agreement by ruling that a contract dispute between a commodities trader and a metals company over the purchase of iron ore was outside the scope of the agreed-to arbitration clause.
Four Seasons on Monday reiterated its bid for a California federal court — rather than an arbitration panel — to interpret the scope of the Ninth Circuit’s order in a dispute over split loyalties with the owner of a Four Seasons-branded hotel, arguing the owner is trying to relitigate the case.
Defunct brokerage MF Global's excess insurer Allied World told a New York bankruptcy court Monday that it had posted a $15 million bond, which a judge had required before the court could consider the insurer's request to arbitrate a coverage dispute in Bermuda.