A pair of environmental groups successfully joined late last month Canada’s effort to nix a $101 million arbitration award for a Delaware mining company, which has accused the Canadian government of violating North American Free Trade Agreement treaty obligations in rejecting a Nova Scotia quarry project.
Singapore has developed a global reputation as one of the world’s most popular cities to arbitrate a dispute, and parties in Asia that are turning toward the International Court of Arbitration’s International Chamber of Commerce are no exception, the ICC said on Monday.
Gramercy Funds on Friday slammed "false information" publicized by the Peruvian government after the emerging markets investor said it was pursuing a $1.6 billion arbitration claim over old government bonds that the South American nation has allegedly improperly devalued.
Russia urged a D.C. federal judge on Sunday to nix a suit by former shareholders of Yukos Oil Co. seeking to enforce $50 billion in arbitral awards, saying they can't be enforced after a Dutch court overturned the awards in April.
Kazakhstan urged a D.C. federal judge Friday to reconsider her rejection of evidence allegedly showing that a $500 million arbitral award Moldovan energy investors won from the country is tainted by fraud, saying the investors are playing a "shell game" to keep the evidence out of U.S. and Swedish courts.
More than 450 environmental advocacy organizations welcomed U.S. lawmakers back from a congressional recess on Monday with a call to oppose the Trans-Pacific Partnership, decrying the agreement for opening the door to regulatory challenges from corporate energy giants through arbitration.
The U.S. Supreme Court refused Monday to take up Ecuador's challenge to a $96 million arbitration award issued to Chevron Corp., leaving in place a D.C. Circuit ruling confirming the award under an agreement that left the question of whether Chevron's claim could be arbitrated to the arbitrators.
A Maltese shipper that sued a Spanish cement trader to compel arbitration over a disputed purchase agreement was instead instructed to just “get on with the arbitration,” with an English judge saying arbitrators are supposed to decide on their own jurisdiction before the court can consider whether they're right.
Windstream Energy LLC told the arbitrators overseeing its CA$475 million ($366 million) claim against Canada that the country improperly impaired its ability to profit from a contract for the Ontario Power Authority to purchase electricity from the company's proposed offshore wind farm, according to a transcript made public Thursday.
The Mexican tax authority's improper actions against Primero Mining Corp. harms its investments in Mexico, the Canadian mining company alleged Thursday, saying it intends to haul the country's government into international arbitration under the North American Free Trade Agreement.
Two United Arab Emirates companies have issued a second notice to India of their intent to arbitrate a dispute over two massive Mumbai real estate projects, saying the government improperly confiscated their assets and made their investment worthless, according to documents recently publicized.
Singapore ratified an international convention Thursday that gives businesses a clear right to agree on which courts will hear their disputes, joining the European Union and Mexico in setting a standard that the country’s law ministry said will bolster its status as a dispute resolution hub.
A British Virgin Islands company asked a New York federal judge on Thursday to allow it to continue to pursue Moldova and a natural gas company there for an award now worth $26 million that Moscow arbitrators handed down in a gas delivery dispute in 1998.
A Texas oil company’s affiliates said Thursday they are appealing a judge's denial of their request to halt federal court proceedings and an in-state arbitration while another arbitration proceeds at the International Chamber of Commerce in a Saudi engineering company’s bribery and corruption case.
Emerging markets investor Gramercy Funds slapped Peru with a long-awaited arbitration notice Thursday seeking $1.6 billion for old government bonds that the South American nation has allegedly devalued through a fraudulent court ruling and illegal decrees.
Two more Chinese groups came out this week in support of their country's boycott of Permanent Court of Arbitration proceedings on the Philippines' challenge to China's claims to disputed waters and islands between the two nations.
The Hong Kong International Arbitration Centre said Wednesday that it has issued two updated practice notes on arbitration costs to clarify how it calculates and administers its own fees as well as the fees and expenses of arbitrators and tribunal secretaries.
Chadbourne & Parke LLP has hired a London-based international arbitration attorney with extensive experience in Europe and former Soviet states who says she wants to broaden her practice after nine years at Bryan Cave LLP.
A North Carolina federal judge said Wednesday that he lacks jurisdiction to halt a clothing manufacturer's $36 million suit in Haiti against a Hanesbrands Inc. subsidiary, which was allegedly initiated in spite of an arbitration agreement, because the Haitian firm lacks sufficient ties to the state.
International arbitration was traditionally touted as a cost-efficient and expeditious way of resolving disputes, but these days the cost of proceedings can quickly spiral out of control unless the parties are careful to keep their clients' bottom line in mind. Here, experts provide a few tips to ensure that clients aren't left footing unwanted and unanticipated bills.