January 02, 2020
A Siemens AG entity said that its regular activity in Texas supports its bid for a Lone Star federal court to enforce a $43.2 million arbitral award over a soured joint venture deal to build steam engines with a Saudi investment company.
December 04, 2019
A Saudi investment company is asking a Texas court to toss litigation filed by a Dutch affiliate of Siemens AG to enforce a $43.2 million arbitral award stemming from a soured joint venture deal to build steam turbines, saying the dispute has no place in the Lone Star State.