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International Arbitration

  • June 27, 2016

    'NSA-Proof' Phone Maker Allegedly Considering Bankruptcy

    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.

  • June 27, 2016

    Ship Owner Responsible For Slow Crossing, UK Judge Says

    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.

  • June 24, 2016

    Belize Can't Delay $25M Airport, Tax Deal Row, DC Circ. Told

    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.

  • June 24, 2016

    Cabo Verde Must Pay Award Over Airline Contract, Court Told

    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.

  • June 24, 2016

    India’s WTO Appeal Of US Solar Win Delayed By Workload

    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.

  • June 24, 2016

    Tata Ordered To Pay $1.17B To Japanese Telecom

    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.

  • June 24, 2016

    Mine Investors Seeking $6M Award Owe For Flubbed Depo

    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.

  • June 24, 2016

    Billionaire Tells 2nd Circ. Goldman Must Face CTFC Claim

    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.

  • June 23, 2016

    Suit Over Missed Arbitration Clause Tossed As Time-Barred

    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.

  • June 23, 2016

    Why China May Increasingly Turn To Investor-State Claims

    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.

  • June 23, 2016

    Olympic Skater's Fate Now Lies With Tribunal, NJ Panel Says

    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.

  • June 23, 2016

    Turkish Soccer Club Loses Challenge To UEFA Financial Rules

    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.

  • June 23, 2016

    Study Offers Model To Improve Investor-State Arbitration

    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.

  • June 23, 2016

    Aussie Solar Cos. Again Say $1.3M Award Must Be Nixed

    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.

  • June 22, 2016

    Lebanese Investor In Greek Shipyard Wants ICSID Arbitration

    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.

  • June 22, 2016

    GE Affiliate Keeps $476M Award Over Failed Wind Turbine Pact

    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.

  • June 22, 2016

    Laos Casino Marketer Calls Del. Suit A Baseless ‘Smear’

    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.

  • June 22, 2016

    Auto Salvager Facing $200M Award Placed Into Receivership

    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.

  • June 22, 2016

    What Brexit Could Mean For International Arbitration

    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.

  • June 22, 2016

    GE Says Arbitrators, Not Deloitte, Should Settle Alstom Row

    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.