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International Arbitration

  • March 2, 2016

    UK Court Won't Nix Contract Dispute Awards Over Bias Claim

    A British judge on Wednesday upheld two arbitral awards challenged by a British Virgin Islands company in a contract dispute with a Malaysian company over a project in Iraq, finding the arbitrator who gave the awards was not biased by an alleged conflict of interest.

  • March 2, 2016

    Romania Is Misstating Annulment Of $250M Award, Court Told

    Attorneys for two Swedish food investors trying to collect on an arbitration award of nearly $250 million against the Romanian government over revoked economic incentives told a New York federal judge Wednesday that Romania is misrepresenting a World Bank independent committee’s refusal to annul the award.

  • March 2, 2016

    A-Power Near Default As GE Affiliate Seeks To Collect $476M

    A Chinese affiliate of General Electric Co. appeared poised Tuesday to win a default judgment in New York federal court against A-Power Energy Generation Systems Ltd. in its effort to collect on a 2012 arbitration award now worth $476 million lodged in Hong Kong against the Shenyang-based company and CEO Jinxiang Lu.

  • March 2, 2016

    No Relief For Oil Tanker Co. That Cried Foul On $55M Deal

    A New York federal judge on Wednesday rejected an oil tanker company’s effort to overturn a $55 million settlement of a $500 million arbitral award it won against the Nigerian National Petroleum Corp., saying evidence undermined the company’s claim that its CEO was strong-armed into signing the settlement.

  • March 2, 2016

    Reed Smith Adds Arbitration Partner In UAE

    Reed Smith LLP has kicked off celebrating the 10th anniversary of establishing its office in Dubai, United Arab Emirates, by luring two new partners away from Pinsent Masons LLP, including a disputes and arbitration lawyer, the firm announced on Tuesday.

  • March 2, 2016

    Platini Appealing FIFA Ban To Sport Arbitration Body

    The Court of Arbitration for Sport said Wednesday that the embattled head of the European soccer confederation, Michel Platini, is appealing the six-year ban from national and international soccer handed down by FIFA, after it was reduced from eight years.

  • March 1, 2016

    Venezuela Can't Halt Enforcement Of Entire $46M Award

    An ad hoc World Bank committee ordered Venezuela on Monday to pay more than half of a $46.4 million award issued to an oil services company in a dispute over the alleged unlawful seizure of its ships, ruling that the country's annulment application only challenges part of the award.

  • March 1, 2016

    Sunvalley Solar Can't Escape $1M Arbitration Award

    A California federal judge has affirmed a $1 million award issued by a Shanghai-based arbitral institution in favor of a Chinese solar panel manufacturer in a contract dispute with California-based Sunvalley Solar Inc., saying Sunvalley had not given an adequate reason to warrant tossing the award.

  • March 1, 2016

    Sport Arbitration Body Tackling Rio Olympic Doping Disputes

    The International Olympic Committee said Tuesday that a new division of the Court of Arbitration for Sport would rule on doping allegations during the Olympics starting with the 2016 Rio de Janeiro games, relegating itself to an enforcement role and leaving hearings and punishment decisions to the Swiss tribunal.

  • March 1, 2016

    USDA Officially Repeals Country-Of-Origin Meat Labels

    The U.S. Department of Agriculture on Tuesday released the formal repeal of its controversial country-of-origin labeling, COOL, regulations for beef and pork products in order to comply with a World Trade Organization decision that deemed the rules discriminatory against Canadian and Mexican producers.

  • March 1, 2016

    PCA Says Its Caseload Grew Again In 2015

    The Permanent Court of Arbitration in The Hague has seen the steady uptick in the number of cases it has handled over the last few years continuing in 2015 with a total of 138 cases, according to the institution's latest annual report released on Monday.

  • March 1, 2016

    Emirati Bank Owes Atty Fees For Venue Fight, Tech Co. Says

    An American technology company’s affiliate in the United Arab Emirates renewed a previously failed bid for legal fees after it successfully sued to arbitrate an Emirati bank’s contract claims related to an intellectual property dispute in California instead of Dubai, telling a California federal judge Monday that the bank is contractually obliged to make the payments.

  • March 1, 2016

    White & Case Adds New M&A Partner In Prague

    New York City-based international law firm White & Case LLP has added a new partner in its Prague office to focus on mergers and acquisitions in Central and Eastern Europe, the firm announced on Tuesday.

  • March 1, 2016

    Gold Reserve, Venezuela Mull $740M Mining Row Settlement

    Canadian mining company Gold Reserve Inc. has entered into an agreement with Venezuela that contemplates the settlement of a $740 million arbitration award ordered against the country in a dispute over canceled mining permits and paves the way for future cooperation, the company announced Monday.

  • March 2, 2016

    CORRECTED: LG Won’t Contest Arbitration Award To Pa. Co. In Patent Row

    LG Electronics Inc. has agreed not to contest an arbitration tribunal’s decision that it does not have the right to arbitrate over an expired patent license with Pennsylvania-based InterDigital Communications Inc., according to an official from InterDigital Communications. Correction: An earlier story misstated that LG consented to monetary relief. The error has been corrected.

  • February 29, 2016

    Investment Co. Asks Judge To Affirm Award In Hangar Case

    Greatex Trade & Investment Limited asked a New York federal court Monday to enforce an award of more than $300,000 for legal fees against a Cayman Islands company in a shareholder dispute over Greatex’s lost £4 million ($5.57 million) investment in a English airport hangar.

  • February 29, 2016

    Romania Can't Get ICSID To Annul $250M Award

    An ad hoc World Bank tribunal committee refused on Friday to annul an approximately $250 million award issued to two Swedish food industry investors in a long-running dispute with Romania over revoked economic incentives, rejecting a defense that the country had been asked to repeal the measures to secure European Union accession.

  • February 29, 2016

    3 Things To Consider Before Getting An Emergency Arbitrator

    As more arbitral institutions adopt provisions allowing for emergency arbitrators, who can grant parties interim relief before a tribunal has been constituted, it behooves attorneys to know exactly what they’re in for before availing themselves of this increasingly popular option. Here, Law360 lays out three things that practitioners should consider before they seek out an emergency arbitrator.

  • February 29, 2016

    Law360 International Arbitration Editorial Advisory Board

    Law360 is pleased to announce the formation of its 2016 International Arbitration editorial advisory board.

  • February 29, 2016

    US Solar Co. May Appeal Claim Service Decision, Judge Says

    An Australian judge ruled Friday that an appeals court must weigh whether an Australian solar panel company can serve its claim over a botched supply agreement to the American affiliate of an Australian solar panel wholesale company in the U.S. while arbitration proceedings in New York are ongoing.