Swiss corporation Del Monte International GmbH has asked a Florida federal court to enforce its order confirming a $32 million arbitral award against a Costa Rican pineapple grower, saying Inversiones y Procesadora Tropical Inprotsa SA’s latest bid to escape payment is "a futile effort to avoid its day of reckoning."
An English judge on Thursday upheld a $28 million arbitration award issued against one of India's largest steel manufacturers after it allegedly failed to pay a supplier for nickel, finding that no error was committed when an arbitrator rejected a challenge to his jurisdiction over the dispute.
Curaçao's prime minister warned Wednesday that recent court orders allowing ConocoPhillips to seize assets belonging to Venezuela's state-run oil company to collect on a $2 billion arbitration award could leave the Caribbean island in a crisis, according to local media reports.
As officials negotiating the North American Free Trade Agreement continued to huddle in Washington, D.C., Thursday to strike a final deal, a slew of state legislators pressed them to secure the agreement’s controversial arbitration system for foreign investors.
A New York federal judge agreed Tuesday to allow a South Korean technology company to take over India-based Ybrant Digital's interest in the search engine and web portal Lycos Inc. to help pay $37 million in arbitral awards issued over a failed stock purchase agreement.
The Second Circuit on Wednesday favored New Jersey trader Transmar Commodity Group Ltd.'s bid to keep a $2.6 million arbitral award against a Peruvian cocoa and coffee growing cooperative, saying a lower court was wrong to conclude Transmar and the cooperative had not actually agreed to arbitrate their disputes.
An English judge ruled Wednesday that a dispute over a bad paint job on a luxury superyacht was never settled during formal negotiations so the builder can continue to press its case before arbitrators.
An international tribunal has unanimously awarded about $159 million to a group of real estate investment companies that owned properties in Crimea that were expropriated by Russia following its 2014 takeover of the peninsula, Law360 learned Wednesday.
ExxonMobil Corp. has dropped its Texas federal court suit to escape arbitration with investors who claim they dumped $73.2 million into a failed project to explore for oil in Papua New Guinea, after the investors voluntarily dropped the company from international proceedings last week.
The Supreme Court of Western Australia has issued an order freezing AU$20 million ($14.9 million) in a Duro Felguera SA subsidiary’s assets, pointing to concerns that the Spanish engineering and construction company’s unit wouldn’t otherwise be able to satisfy a potential judgment in arbitration proceedings related to an iron ore project.
Although including an international arbitration clause in a smart contract is likely a no-brainer for many disputes attorneys, experts say it's important for parties to a smart contract to be aware of the problems — and potentially revolutionary solutions — that may arise through the use of such clauses.
The director of the National University of Singapore’s Centre for International Law was tapped to serve as a vice president of the Singapore International Arbitration Center’s Court of Arbitration, the institution said Tuesday, highlighting her more than 35 years of experience handling investment treaty and commercial arbitrations.
A Canadian mining company seeking to collect on a recently confirmed $1.37 billion arbitration award against Venezuela asked a Texas federal judge on Monday to hold oil companies that allegedly helped the county relocate its assets when creditors came knocking responsible for fraud.
The Republic of Ecuador urged a D.C. federal court Monday to deny a Canadian miner’s petition to confirm a $24.4 million arbitral award over the seizure of two of the company's mines, claiming the miner violated Ecuadorean law and therefore an investment treaty with Canada does not govern the dispute.
A new arbitration court dedicated to resolving legal disputes over art will launch next month as an alternative to traditional litigation where marketplace doubt on ownership and authenticity sometimes lingers even after a verdict, lawyers said Monday.
The Delhi High Court on Monday said British telecom company Vodafone could continue two international arbitrations against India over billions in taxes allegedly owed as a result of the mobile phone operator's $11 billion acquisition of an Indian cellphone business, finding it did not have jurisdiction to dismiss the proceedings and that the merits of the case were best handled by the individual tribunals.
A Florida federal judge on Monday sent a $1.2 million dispute between Prada and a goods shipper to arbitration in Milan, saying the court has no choice in the face of a clearly worded arbitration clause in the parties' agreement for alligator eggs and hatchlings.
A Singapore-based offshore marine services provider said Monday it has launched an arbitration claim against Mexico over a soured charter agreement for vessels that were used by Petróleos Mexicanos, the country's state-owned oil company.
The Republic of Kosovo has defeated a German investment firm’s €380 million ($453.2 million) claim relating to a failed privatization attempt of the southeast European nation’s postal and communication authority, after an international tribunal concluded the firm had not made a qualifying investment.
They’ve gone up against big-name companies while advocating for plaintiffs ranging from grieving family members to shareholders and consumers in some of the biggest and most well-known cases of the past year.
In this series, experts discuss the unique aspects of closing a law firm, and some common symptoms of dysfunctionality in a firm that can be repaired before it's too late.
I am often asked, “When there are one or more partner departures, what can a firm do to prevent this from escalating to a catastrophic level?” The short answer is “nothing.” Law firms need to adopt culture-strengthening lifestyles to prevent defections from occurring in the first place, says Larry Richard of LawyerBrain LLC.
International arbitration bodies provide little guidance on the use of co-testifying experts in dispute resolution. However, there are practical examples of co-testifying in international case law from which to learn, say members of StoneTurn Group LLP.
Given the competing public policies of protecting clients’ right to counsel of their choice, lawyer mobility, and the fiduciary duty partners owe to a dissolved firm, it behooves law firms to carefully review their partnership agreements to make sure they adequately spell out what happens in the unfortunate event that the law firm chooses to wind down, say Leslie Corwin and Rachel Sims of Blank Rome LLP.
There has been, of late, significant dispute as to the application of the unfinished business doctrine, particularly with respect to hourly rate matters of now-dissolved large law firms. And the California Supreme Court’s recent decision in Heller Ehrman, like others as to similar points, is highly questionable, says Thomas Rutledge of Stoll Keenon Ogden PLLC.
Although the lack of racial and gender diversity among the ranks of the majority of both midsized and top law firms is a major issue, it’s past time to shed light on the real problem — inclusion, or lack thereof, says Marlen Whitley of Reed Smith LLP.
Despite the Trump administration's desire to shut down the Legal Services Corp., thankfully the budget that Congress passed and the president signed into law last week has restored $410 million of funding to the legal aid organization. An unlikely brief for preserving LSC may be found in the quirky Denzel Washington film "Roman J. Israel, Esq.," says Kevin Curnin, immediate past president of the Association of Pro Bono Counsel.
In order to enable lawyers to best meet cybersecurity challenges, state bars should pass rules that adopt a cybersecurity framework to be developed by a national committee, says Shaun Jamison, associate dean of faculty and professor at Purdue University's Concord Law School.
To many young attorneys, becoming an equity partner shows a firm's long-term commitment, meaning job security and a voice in important firm matters. However, the industry has changed and nowadays it may not be better to enter a new firm as an equity partner, says Jeffrey Liebster of Major Lindsey & Africa.
In his new book, "Without Precedent: Chief Justice John Marshall and His Times," professor Joel Richard Paul ably explains more than a dozen of Marshall’s most significant opinions, which comes as no surprise. What is a surprise — a pleasant one — is the book's readability, says Judge Thomas Hardiman of the Third Circuit.