Aluminum Co. Renews Bid To Set Aside Arbitration Award

Law360, New York (April 4, 2016, 10:13 PM EDT) -- A Venezuelan aluminum manufacturer once again pressed a Florida district court Friday to set aside an arbitration tribunal’s decision to deny its damage claims for more than $56 million against the government of Trinidad and Tobago after the conclusion of a four-month stay aimed at reaching a settlement.

The parties had indicated for the third time in February that they were inching closer to reaching an agreement in a dispute over a canceled aluminum smelter project when the court granted them yet another, but final, 30-day...
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