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Alstom et al v. General Electric Company
Case Number:
1:16-cv-03568
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January 10, 2017
Accountant To Figure Out Alstom, GE Rail Spat, Judge Rules
A New York federal judge ruled Tuesday that an accounting firm will be in charge of resolving a price adjustment dispute related to Alstom SA's $800 million purchase of General Electric Co.'s rail signaling business, shooting down GE's bid to send the matter to arbitration.
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July 22, 2016
GE Again Says Arbitrators Must Work On Rail Row
General Electric Co. sought to swat aside arguments by Alstom SA that they must take their dispute over price adjustments in an $800 million rail-signal deal to an accountant, urging a New York federal judge Friday to let arbitration go forward instead.
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July 13, 2016
Alstom Says GE Can't Raise Dispute's Merits Before Judge
French railway company Alstom SA urged a New York federal judge Tuesday to refer a dispute over its $800 million purchase of General Electric Co.'s rail signaling unit to an impartial accountant rather than an arbitrator, saying GE is improperly trying to introduce the merits of the dispute into the case.
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June 22, 2016
GE Says Arbitrators, Not Deloitte, Should Settle Alstom Row
General Electric Co. urged a New York federal judge on Tuesday to let an arbitration tribunal resolve its dispute with Alstom SA over changes to the $800 million price tag of GE's train signaling business, saying the French rail giant's demand that an accountant settle the dispute doesn't jibe with the contract.
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June 15, 2016
Alstom, GE Agree To Pause Arbitration, Consider Accountant
General Electric Co. has agreed to pause its arbitration against French rail giant Alstom SA and hire an accounting firm to potentially sort out the companies' dispute over Alstom's $800 million purchase of GE's rail-signaling business, according to an order signed by a New York federal judge Wednesday.
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May 25, 2016
Alstom Says GE Breaking Terms Of $800M Rail Deal
French rail conglomerate Alstom has accused General Electric Co. of breaking the terms of an $800 million deal for GE's rail signaling business by launching improper arbitration proceedings to figure out final pricing adjustments, according to a complaint made available Tuesday in New York federal court.