July 16, 2020
A New York federal judge has confirmed a $702 million award for a Berkshire Hathaway unit that claims it was duped into buying a German pipe maker, saying an arbitral panel correctly parsed the unit's fraud and breach-of-contract claims.
May 20, 2020
A German pipemaker has urged a New York federal court to vacate a €643 million ($702 million) arbitral award to a Berkshire Hathaway unit that claims it was duped into buying the manufacturer, saying arbitrators disregarded Delaware law barring damages for identical breach and fraud claims.
April 15, 2020
A Berkshire Hathaway unit that fabricates industrial goods has won €643 million ($702 million) after arbitrators determined that it was duped into purchasing a German piping manufacturer that attempted to hide that it was on the verge of bankruptcy.