The D.C. Circuit on Tuesday rejected the country of Belize’s bid to pause its appeal of an order cementing a $4.4 million arbitral award issued against the Central American nation over the termination of an operating agreement with airport contractor Newco Ltd.
In a rare bench ruling, the Second Circuit on Wednesday affirmed a New York trial judge's move to lift injunctions in the sprawling case against Argentina over its $90 billion bond default, paving the way for the South American country to begin funding $6 billion in settlements over the objections of holdout debt investors.
Cases are all challenging in different ways — I have yet to advise on one where I thought it was a walk in the park. Having said that, I did once resolve a case in the time of a phone call, by identifying a limitation defense. That is most definitely the exception, not the norm, says Melanie Willems, head of international arbitration at Andrews Kurth LLP.
Bondholders looking to drag Egyptian businessmen Ramy and Michel Lakah into arbitration over $100 million in defaulted debt told a New York federal court Monday that the brothers’ request to admit hundreds of facts years after discovery was closed was filed in bad faith, came too late and should be denied on several grounds.
An investor who convinced a California judge last month to confirm an $84 million-plus London arbitration award against a former member of Russia’s lower house of parliament for misappropriating his interest in a Moscow shopping center argued Tuesday that his fee bid in the suit is reasonable.
China on Tuesday criticized a joint statement on maritime security from the foreign ministers of the Group of Seven nations that touched on a longstanding territorial dispute in the East and South China Seas.
The Obama administration opened a new chapter in its long-running spat with Mexico over “dolphin-safe” tuna labeling regulations by asking for a new World Trade Organization panel to weigh the legality of its recently amended rules, the WTO announced Tuesday.
Like all grand institutions, changing international arbitration is quite like turning an ocean liner. It’s slow and it takes a lot of time. But I think the diversification of the international arbitration community is a welcome change, says Randall Allen, co-chairman of Alston & Bird LLP's international arbitration and dispute resolution practice.
The Paris Court of Appeal refused Tuesday to set aside a confidential arbitral award issued to Pennsylvania-based InterDigital Communications Inc. in a long-running patent licensing dispute with China's Huawei Investment & Holding Co. Ltd., InterDigital said in a regulatory filing.
Steptoe & Johnson LLP partner Michael J. Baratz has consistently found himself at the forefront of the firm’s high-profile international arbitration caseload, highlighted by the dogged pursuit of a $1.6 billion award on behalf ExxonMobil and a $30 million win for U.S. Airways, landing him a spot among Law360's top attorneys under 40.
The minority owner of a Pacific island resort company continued to tell a Northern Mariana Islands federal court Monday that an investment dispute with a South Korean business partner need not be arbitrated, arguing he is not bound by an agreement that mandates it.
The owner a physical therapy clinic specializing in treating Parkinson’s disease continued to urge a Florida federal court Monday to reduce an arbitral award granted to a Swiss medical device manufacturer he had partnered with, saying the arbitrator overstepped her authority and left crucial matters unresolved.
In one case, a U.S. client got involved in a joint venture with an Indian partner, but the joint venture agreement contained an arbitration clause providing for arbitration in London. Only in International Arbitration can one encounter such an interesting intersection of parties, substantive law and procedures, says Andrew Fletcher, vice chairman of Pepper Hamilton LLP’s international and domestic arbitration practice group.
A real estate developer and a construction firm are taking their dispute with the University of Notre Dame (USA) in England over allegedly botched student housing in London to the First Circuit after a Massachusetts federal judge last week backed an English liability ruling and awarded the college a $7.2 million attachment.
A divided World Bank tribunal on Friday ordered Argentina to refrain from publicizing criminal fraud allegations it's lobbed against insolvent Spanish companies that initiated arbitration over the re-nationalization of Aerolineas Argentinas SA, saying those proceedings have exacerbated the “already difficult” climate of the dispute.
Holland & Knight LLP has snagged four new partners for its Washington, D.C., Denver and Miami offices, including litigators from McDermott Will & Emery LLP and Dentons, the firm said Monday.
The Republic of Uzbekistan released the text of a Paris arbitration award Monday in which it was ordered to pay $10.3 million for tax regime changes that harmed U.K.-based Oxus Gold PLC, which had pressed a total of $1.3 billion in claims for alleged breaches of a mining agreement.
Two investors in a wind turbine company whose internal disputes have halted its pursuit of a $70 million arbitral award told a Texas federal judge Monday that a solution was close and they would drop their opposition to a request to swap out counsel for Soaring Wind Energy LLC.
The London Court of International Arbitration reported a record high 326 referrals for arbitration in 2015 arising from a diverse array of industry sectors, continuing its general upward trend in the number of disputes it has overseen since 2010.
Squire Patton Boggs LLP partner Stephen P. Anway, who specializes in investment treaty arbitration and international commercial arbitration, has represented clients in more than 60 arbitration proceedings spanning 25 countries, earning him a spot among the top international arbitration attorneys under the age of 40.