Holders of bonds issued by Petróleos de Venezuela SA have urged the Third Circuit to overturn a decision allowing Crystallex International Corp. to seize shares in Citgo's parent company, saying it could jeopardize their interests as creditors of the state-owned oil company.
The D.C. Circuit on Tuesday denied a medical technology company’s bid for a rehearing en banc after a panel affirmed a lower court decision to reject a $400 million arbitral award the company secured against the Czech Republic Ministry of Health for sabotaging the company in the 1990s.
A D.C. federal judge has hit Venezuela with a more than $36.4 million default judgment in an oil services company’s suit seeking to enforce an arbitration award stemming from the alleged unlawful seizure of its ships.
A Texas federal judge refused Monday to toss Ericsson's counterclaims against HTC, holding that they're more than a "mirror image" of HTC's claims alleging Ericsson is trying to overcharge on royalties to license standard-essential cellular and wireless network patents.
The Trump administration on Tuesday again resisted calls to add new members to the World Trade Organization's depleted dispute settlement body, blocking the additions as it criticized the group for pushing past its mandate.
Spain has urged a D.C. federal court to toss a suit seeking to enforce a €128 million ($145.2 million) arbitral award issued to international investors following a dispute with the country over renewable energy subsidies, arguing the proceeding is barred because there is no valid arbitration agreement.
U.K. Prime Minister Theresa May said Monday she will ask Parliament to vote on her Brexit plan early next month, just days after European negotiators said they won't rework the withdrawal agreement amid widespread opposition from British lawmakers.
The Trump administration has fomented turmoil at the World Trade Organization by failing to substantively work to reform the organization and by increasing the specter of protectionism and tariffs worldwide, representatives for the European Union and other U.S. trading partners said Monday in Geneva.
Argentina has fallen short in its bid to nix a $225.7 million award issued to several Spanish and French utilities following a dispute over a water services concession, though the committee weighing the bid expressed concern about the "generally unsatisfactory" process for disqualifying arbitrators.
The Financial Conduct Authority ratcheted up preparations for a no-deal Brexit on Monday by releasing proposed rules for European Union financial services firms whose temporary work wraps up after March so they might see out their contracts "in an orderly fashion."
While it's unclear whether a recent argument made by the rapper Jay-Z relating to an alleged lack of diversity among available arbitrators would have ultimately prevailed, experts say the mogul has shone a 10,000-watt spotlight on a long-standing issue within arbitration.
The World Trade Organization's Appellate Body on Friday signed off on a set of revised "dolphin-safe" labeling criteria for tuna sold in the U.S., ending a decadelong dispute with Mexico over whether the United States' labeling conditions are discriminatory and out of line with several global trade agreements.
A New York federal judge has signed off on a request by Ukraine's Naftogaz to seek information from the Bank of New York Mellon that the national oil and gas company said it needs for pending and planned proceedings regarding a $2.56 billion arbitral award against Russia's Gazprom stemming from a contract dispute.
The Hong Kong International Arbitration Centre has appointed a former Allen & Overy LLP attorney as the chief representative of its Korea office, the organization announced.
The European Council has formally told the U.K. that its Brexit withdrawal agreement is not open to renegotiation even though a majority of British lawmakers rejected the package, increasing the odds of a no-deal departure from the bloc or a postponement.
A trading firm asked a New York federal court on Tuesday to enforce a $3.6 million international arbitration judgment against a biotechnology company that reneged on a financial arrangement.
A Colorado-based energy materials company has launched arbitration proceedings against Turkey over the country’s alleged illegal termination of licenses for two uranium projects, depriving the American corporation of $267 million in profits, according to a Thursday announcement.
Chinese tech magnate Jia Yueting could have more than $11 million of his U.S. properties seized after a Shanghai-based company asked a California federal court to enforce the decision of a Beijing arbitration committee that ordered Jia to make good on a multimillion-dollar loan.
A British judge on Thursday upheld arbitration awards forcing a Brazilian entity whose owner was convicted of bribery in connection with the Operation Car Wash scandal to return consulting fees paid by a Marshall Islands drilling contractor whose business relationships imploded as a result of the scheme.
The Financial Conduct Authority has published its latest set of guidance to help U.K. banks and insurers prepare for Brexit by encouraging them to consider implications for their business and customers, including putting in place measures to ensure their financial contracts can continue after March 2019.
David M. Hargrove's new book, "Mississippi’s Federal Courts: A History," is a remarkably candid portrait of the characters and courts serving the state's federal judiciary from 1798 on, and contributes new scholarship on how judges were nominated during the civil rights era, says U.S. District Judge Michael Mills of the Northern District of Mississippi.
To further carbon pricing, and to facilitate the transition to a green global economy, members of the World Trade Organization should permit "climate waivers" by which countries can restrict trade based on the amount of greenhouse gases used or emitted in the making of a product, says James Bacchus of the Centre for International Governance Innovation.
As China’s sports industry matures, it will likely see a growth in disputes that will need to be adjudicated fairly and efficiently. Foreign companies entering the industry should make sure their agreements contain alternative dispute resolution clauses, says Jeff Benz of JAMS.
He was White House counsel to two presidents. When Reagan was shot, he explained the chain of command to a four-star general. And until a few years ago, many people still thought he was Deep Throat during the Watergate scandal. Fred Fielding of Morgan Lewis & Bockius may be the quintessential Washington insider. White and Williams attorney Randy Maniloff learned more.
Many law firms have tickets or luxury suites at sporting events to host clients and prospects. Matthew Prinn of RFP Advisory Group and Matt Ansis of TicketManager discuss some of the ways that firms can use those tickets effectively.
A recent opinion from the American Bar Association provides useful guidance on attorneys’ obligations to guard against cyberattacks, protect electronic client information and respond if an attack occurs, says Joshua Bevitz of Newmeyer & Dillion LLP.
Opening comments by parties in mediation that are made with the proper content and tone can diffuse pent-up emotion and pave the way for a successful resolution. But an opening presentation can do more harm than good if delivered the wrong way, say Jann Johnson and William Haddad of ADR Systems LLC.
When reading Tim Wu’s new book, "The Curse of Bigness: Antitrust in the New Gilded Age," lawyers, economists and historians will find its broad brush maddening, and the generalist reader will simply be misled, says D.C. Circuit Judge Douglas Ginsburg.
Recently, Palestine instituted proceedings at the International Court of Justice in response to the U.S. moving its embassy in Israel from Tel Aviv to Jerusalem. The court's response — including its decision on whether to accept the case — will have significant consequences for international law, say Viren Mascarenhas and Claire O’Connell at King & Spalding LLP.
Permitting jurors to submit written questions, or even to pose questions orally to witnesses on the stand, advances several important goals and promotes both fairness and efficiency, says Matthew Wright of McCarter & English LLP.