August 29, 2016
Samsung Engineering Co. Ltd. has dropped a $200 million lawsuit against aluminum leader Alcoa Inc. over delays and cost overruns on a Saudi metal plant, two months after the companies said they were nearing a settlement, according to a short letter filed in New York federal court Monday.
August 15, 2016
Two Samsung units on Friday asked a New York federal judge not to pause discovery in their $200-million-plus suit over Alcoa Inc.'s alleged corporate misconduct in connection with a billion-dollar construction project in Saudi Arabia as she considers whether the dispute belongs in arbitration.
August 10, 2016
Alcoa Inc. asked a New York federal court Tuesday to toss two Samsung units' $200-million-plus suit accusing Alcoa of corporate misconduct in connection with a billion-dollar construction project in Saudi Arabia, saying the claim belongs in arbitration in Riyadh.
May 20, 2016
Alcoa Inc. on Thursday removed to New York federal court Samsung Engineering Co. Ltd.'s $200 million-plus suit accusing the metals company of corporate misconduct in connection with a billion-dollar construction project in Saudi Arabia, saying that the matter should be settled through arbitration.