September 19, 2023
A steel magnate settled with a group of Brazilian iron producers over the enforcement of a $48 million arbitral award late Monday, following the first day of a Manhattan jury trial in the more than decade-old dispute.
September 18, 2023
A more-than-decade-old dispute over the enforcement of Brazilian iron producers' $48 million arbitral award went to trial in federal court in Manhattan on Monday, with a successful steel investor's counsel telling jurors he can't be held liable for the contracts of a failed portfolio company.
January 13, 2023
A New York federal judge on Friday largely gave the green light to Brazilian iron producers that are looking to enforce a $48 million arbitral award against a steel and coal magnate who allegedly orchestrated a scheme to prevent them from ever collecting their money.
May 05, 2022
A coal magnate renewed his bid to push litigation over a $48 million arbitral award out of the U.S. courts, saying Thursday that because the case concerned a bankrupt entity's assets, it belonged in Switzerland, whose courts oversaw the bankruptcy.
March 29, 2022
A group of Brazilian iron companies slammed an early win bid by coal magnate Hans J. Mende and his companies in their nine-year-old case to enforce a $48 million arbitral award over a soured iron sales deal, accusing them of "eleventh-hour gamesmanship" for seeking to have the case sent to Switzerland.
March 14, 2022
A coal magnate who was sanctioned for deleting important arbitration-related emails said Monday that Brazilian iron companies overshot the mark in requesting $1 million to repay doomed discovery efforts, arguing that it isn't clear the companies spent nearly that much.
August 19, 2021
A New York federal judge has sanctioned coal magnate Hans J. Mende and his companies for their "unjustifiable failure" to preserve emails related to a $48 million arbitral award over an iron purchase contract in a suit filed by several Brazilian companies seeking to enforce the award.
July 22, 2021
A New York federal court has denied several Brazilian iron companies' attempt to depose more witness testimony related to a coal magnate's control of two firms in their suit seeking to fulfill a $48 million arbitral award against him, ruling that fact discovery is already closed in the case.
November 16, 2020
A coal magnate fired back Friday against a sanctions bid requested by several Brazilian iron companies that are suing him and his associates to fulfill a $48 million arbitral award, saying it was full of "dramatic allegations."
April 08, 2020
A coal magnate failed to convince a New York federal judge to drop fraudulent transfer claims made by Brazilian oil companies seeking to enforce a $48 million arbitral award stemming from soured iron contracts.