Two United Arab Emirates companies have issued a second notice to India of their intent to arbitrate a dispute over two massive Mumbai real estate projects, saying the government improperly confiscated their assets and made their investment worthless, according to documents recently publicized.
Singapore ratified an international convention Thursday that gives businesses a clear right to agree on which courts will hear their disputes, joining the European Union and Mexico in setting a standard that the country’s law ministry said will bolster its status as a dispute resolution hub.
A British Virgin Islands company asked a New York federal judge on Thursday to allow it to continue to pursue Moldova and a natural gas company there for an award now worth $26 million that Moscow arbitrators handed down in a gas delivery dispute in 1998.
A Texas oil company’s affiliates said Thursday they are appealing a judge's denial of their request to halt federal court proceedings and an in-state arbitration while another arbitration proceeds at the International Chamber of Commerce in a Saudi engineering company’s bribery and corruption case.
Emerging markets investor Gramercy Funds slapped Peru with a long-awaited arbitration notice Thursday seeking $1.6 billion for old government bonds that the South American nation has allegedly devalued through a fraudulent court ruling and illegal decrees.
Two more Chinese groups came out this week in support of their country's boycott of Permanent Court of Arbitration proceedings on the Philippines' challenge to China's claims to disputed waters and islands between the two nations.
The Hong Kong International Arbitration Centre said Wednesday that it has issued two updated practice notes on arbitration costs to clarify how it calculates and administers its own fees as well as the fees and expenses of arbitrators and tribunal secretaries.
Chadbourne & Parke LLP has hired a London-based international arbitration attorney with extensive experience in Europe and former Soviet states who says she wants to broaden her practice after nine years at Bryan Cave LLP.
A North Carolina federal judge said Wednesday that he lacks jurisdiction to halt a clothing manufacturer's $36 million suit in Haiti against a Hanesbrands Inc. subsidiary, which was allegedly initiated in spite of an arbitration agreement, because the Haitian firm lacks sufficient ties to the state.
International arbitration was traditionally touted as a cost-efficient and expeditious way of resolving disputes, but these days the cost of proceedings can quickly spiral out of control unless the parties are careful to keep their clients' bottom line in mind. Here, experts provide a few tips to ensure that clients aren't left footing unwanted and unanticipated bills.
Moldovan energy investors seeking to enforce a $500 million arbitral award against Kazakhstan urged a District of Columbia federal judge on Thursday to again reject what the country called new evidence of arbitration fraud by the investors, saying Kazakhstan didn’t deserve "a second shot" at making its case.
Dow slammed a $456 million arbitration award it was ordered to pay to Bayer in a dispute over four patents for genetically modifying plants, telling the Federal Circuit in its appeal Tuesday that an international arbitration tribunal’s handling of the dispute was “unacceptable.”
Despite rapid growth in international arbitration cases worldwide and China’s participation in more than 100 bilateral treaties to protect its investors in foreign countries, a review of investor-state arbitration disputes publicized Wednesday found that Chinese parties have prosecuted just four cases.
A controversial Canadian mining firm whose stock ceased trading six years ago suddenly announced Wednesday that it had won a $24.4 million arbitration award from Ecuador for the country's illegal seizure of two company mines.
A Florida company that accused the Dominican Republic of unfairly rejecting its application to mine filler material had its case tossed Tuesday by a panel from the International Centre for the Settlement of Investment Disputes, with arbitrators saying the claim came too late.
A dispute with reinsurer Infrassure Ltd. over $20 million in coverage for Hurricane Sandy damage should be arbitrated in London like the contract plainly calls for, the insurance arm of New York’s Metropolitan Transportation Authority told the Second Circuit on Tuesday.
An Iraqi businessman who alleges Kellogg Brown & Root Services Inc. falsified government invoices during arbitration proceedings in order to underpay his construction company for work on a Baghdad garage built for the U.S. State Department asked a New York federal court Tuesday not to toss his lawsuit.
A former unit of Enron Corp. urged the D.C. Circuit on Tuesday to reject an effort by the Nigerian government to shake off an $11 million arbitral award, saying it hasn’t been part of the scandal-wracked energy firm since 2004 and Nigeria bore the blame for the failure of a power purchase deal.
The Canadian mining company Centerra Gold Inc. said Monday that it has initiated arbitration proceedings against the government of the Kyrgyz Republic over certain environmental and other claims relating to its gold mine, located near the country's border with China.
The D.C. Circuit on Tuesday revived a medical technology company's bid to enforce a more than $325 million arbitral award against the Czech Republic for allegedly causing the collapse of the company's business in the country, ruling in a split opinion that the country isn't immune from suit.