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Vantage Deepwater Company et al v. Petrobras America Inc et al

  1. June 21, 2019

    Petrobras Forks Over $701M Award, But Plans 5th Circ. Fight

    A pair of Petrobras subsidiaries have paid two Vantage Drilling International companies almost $701 million to satisfy an arbitral award stemming from a canceled drilling contract, according to a Friday announcement.

  2. May 17, 2019

    Vantage Gets $720M Petrobras Award OK'd By Texas Court

    A Texas federal judge on Friday confirmed a $720 million arbitral award issued to Vantage Deepwater Co. following a dispute with Petrobras over a canceled drilling contract, rejecting arguments that the tribunal had failed to properly consider whether the contract was procured through bribery.

  3. March 08, 2019

    Petrobras Loses Doc Bid To Show 'Bias' Led To $720M Award

    Petrobras can't subpoena the American Arbitration Association in a bid to vacate a $720 million arbitration award against it, a federal judge in Texas ruled Friday, rejecting its attempt to get before the court information the AAA considered when ruling on a challenge to arbitrator Charles N. Brower.

  4. March 04, 2019

    Driller Blasts Petrobras' Subpoena Bid In $720M Award Row

    Vantage Deepwater Co. has told a Texas federal court that the American Arbitration Association shouldn't be subpoenaed as part of Petrobras' efforts to escape an offshore drilling-related arbitral award currently worth $720 million, arguing that the eleventh-hour request is improper and could delay the proceedings.

  5. February 21, 2019

    Petrobras Seeks AAA Docs In Fight Against $720M Award

    Petrobras is seeking permission to subpoena the American Arbitration Association as it fights a $720 million arbitral award issued to Vantage Deepwater Co., telling a Texas federal court that certain information the AAA considered when ruling on a challenge to arbitrator Charles N. Brower are relevant to the suit.

  6. February 15, 2019

    Petrobras Must Post Bond In $720M Award Row, Court Hears

    Vantage Deepwater Co. has urged a federal court to halt Petrobras from transferring the proceeds of an upcoming $562 million sale of its Texas refinery outside the U.S. until the Brazilian company puts up security for an arbitral award worth some $720 million, which the Texas driller is trying to enforce.

  7. January 01, 2019

    4 International Arbitration Cases To Watch In 2019

    International arbitration attorneys will be keeping a close eye on Dutch proceedings involving former Yukos shareholders as they continue their fight to revive their historic awards totaling $50 billion against Russia, a case in which the U.S. Supreme Court will weigh in on who decides whether an arbitration agreement can be enforced and other proceedings that could affect international arbitration for years to come.

  8. December 19, 2018

    Petrobras Can't Depose Arbitrator In $622M Award Row

    Petrobras was dealt a blow at a hearing in Houston on Wednesday in its bid to nix a $622 million arbitration award issued to Vantage Deepwater Co., which the Brazilian company claims is tainted by fraud, when a federal judge refused to allow Petrobras to depose a dissenting arbitrator.

  9. December 04, 2018

    Bribery Deal Relevant To $622M Award Row, Petrobras Says

    Petrobras has rebutted arguments that Vantage Deepwater Co.'s recent deal with U.S. regulatory authorities cannot be used in its bid to nix a $622 million award the Brazilian company claims is tainted by bribery, telling a Texas federal court that Vantage is trying to curb any review of the award.

  10. November 27, 2018

    Vantage Says Bribery Deal Irrelevant To $622M Award

    Vantage Deepwater Co. has urged a Texas federal court to disregard Petrobras' contention that the Texas driller's recent deal with U.S. regulatory authorities in a bribery matter bolsters its argument that a $622 million award against the Brazilian company should be nixed, saying the settlement is inadmissible and irrelevant.

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