Silent Circle LLC, whose super-secure “Blackphone” has been billed as "NSA-proof" and has won praise from privacy advocates, has skipped out on a $5 million debt and is considering bankruptcy after several major distribution deals fell through, according to a suit filed by a business partner in New York state court on Friday.
An English judge on Friday shut down a ship owner's challenge to an award granted by an arbitration panel that found the company responsible for a slow trans-Pacific crossing caused by maritime muck and barnacle growth on the chartered vessel.
BCB Holdings Ltd. and Newco Ltd. asked the D.C. Circuit Thursday to deny Belize's request to pause enforcement proceedings involving two confirmed arbitration awards totaling nearly $25 million, plus interests and costs, stemming from a canceled airport operating agreement and a backdoor tax deal.
A U.S. financial services firm asked a D.C. federal court Friday to confirm a $190,000 arbitral award, plus interest and costs, issued in a dispute with Cabo Verde over an allegedly broken contract to manage the country's airline and flag carrier.
Citing a shortage of staff and a glut of complex international trade disputes, the World Trade Organization’s Appellate Body said Friday that it will miss an extended deadline to reconsider whether an Indian solar energy initiative unfairly discriminates against foreign companies.
A London arbitration court has ordered India's Tata Sons Ltd. to pay NTT Docomo Inc. $1.17 billion for breaching a shareholder agreement related to Docomo's stake in a Tata Sons affiliate, an Indian telecommunication service provider, according to a Friday announcement.
A group of Canadian investors who won a $6 million award from a failed coal mining venture went mostly unpunished for showing up at a deposition of a key witness with an audio recorder instead of a stenographer, with a Kentucky federal judge saying both sides bore some blame for the flub.
A Singaporean billionaire who claims Goldman Sachs Group Inc. lured him into exotic currency options trades that lost $34 million urged the Second Circuit on Wednesday to carefully weigh his attempt to bring the claims before the U.S. Commodity Futures Trading Commission.
A Louisiana judge on Thursday dismissed as time-barred a malpractice suit against a Louisiana law firm filed by a Danish ship owner and an English maritime underwriter after the firm's attorneys allegedly failed to recognize an international arbitration clause in an employee contract.
Chinese parties have initiated far fewer investor-state claims against foreign governments than might be expected given the rapid growth of Chinese outbound investment in recent years, although experts say that's likely to change as investment from the Asian powerhouse continues to gain momentum.
A New Jersey appeals panel on Thursday opened the way for an Olympic ice skater to sign on with a new national team, ruling that a trial court’s order to release the skater from her earlier contract is no longer necessary because a new skating union rule allows the case to be decided by a sporting tribunal.
Turkish soccer club Galatasaray SK will remain banned from participating in European club tournaments for the next two seasons after having its challenge to the Union of European Football Associations’ restrictions on spending rejected by an arbitration tribunal Thursday.
Prominent international arbitrator Gabrielle Kaufmann-Kohler has proposed using an international convention aimed at increasing transparency in investor-state disputes as a model for broader reform of the investor-state arbitration framework, according to a research paper set to be formally presented next month.
An Australian home solar company and its U.S. affiliate fought back against a Chinese solar panel maker’s effort to confirm a $1.3 million arbitral award for nonpayment in New York federal court Wednesday, saying the award is too vague and the arbitration process was unfair.
Shipbuilding magnate Iskandar Safa said Wednesday he would haul Greece before an international arbitration tribunal for blocking an Athens-area shipyard he bought in 2010 from doing work for foreign navies, backtracking on promised work orders and taking other actions that he says pose “an existential threat” to his investment.
A New York federal judge on Wednesday confirmed an earlier arbitration award of $476 million to GE Transportation Shenyang Co. Ltd. in a dispute arising from a Chinese wind turbine manufacturer's alleged failure to make payments in a contract to buy gearboxes from the General Electric subsidiary.
A company hired to manage and sell a Laotian gaming resort urged a Delaware federal judge on Tuesday to throw out a lawsuit brought by its majority owner, calling Sanum Investment Ltd.’s lawsuit nothing more than “an attempt to harass, intimidate and smear” its opponents because arbitration proceedings aren’t going its way.
A U.S. auto salvage company facing a $200 million arbitration award over unpaid debts to a South African metals giant and competing claims by its owners has been put into receivership, with a Pennsylvania federal judge appointing a lawyer on Tuesday to sell off the company’s assets to pay claims the court finds are valid.
Ahead of a Thursday vote as to whether Britain should exit the European Union, questions have arisen as to how such a move could impact London's prominence in international arbitration. Here, Law360 takes a look at what international arbitration attorneys need to know about a possible vote in favor of the so-called Brexit.
General Electric Co. urged a New York federal judge on Tuesday to let an arbitration tribunal resolve its dispute with Alstom SA over changes to the $800 million price tag of GE's train signaling business, saying the French rail giant’s demand that an accountant settle the dispute doesn’t jibe with the contract.