The Arbitration Institute of the Stockholm Chambers of Commerce unveiled Wednesday a draft of revised rules governing proceedings instituted before the forum that would go into effect on the first day of 2017 and asked for feedback on the proposals.
A State Department official said Wednesday that the forthcoming decision from the Hague-based Permanent Court of Arbitration in a longstanding territorial dispute over islands in the South China Sea will be binding on both China and the Philippines.
China's Huawei Investment & Holding Co. Ltd. might appeal the Paris Court of Appeal’s recent decision upholding a confidential award issued to InterDigital Communications Inc. in a patent licensing dispute, but Huawei has agreed to pay what it owes InterDigital in the meantime, according to a New York federal court filing.
A Chinese aviation company and its affiliates continued to oppose a plan by Texas wind developers to split the issues in a lawsuit to confirm a $70 million arbitration award against them, telling a Texas federal court Tuesday that the issues are interconnected.
One trend in international arbitration has been toward more transparency and efficiency. Traditionally, international arbitration has always been a confidential and closed process. This is changing, says Oleg Rivkin, a principal at Rivkin Law Group PLLC.
Sirius XM’s Canadian affiliate is taking its U.S.-based parent company to arbitration over a nearly $34 million dispute concerning the terms of the satellite radio provider’s licensing agreement, Sirius XM Canada Holdings Inc. said on Tuesday.
A California federal judge has confirmed a foreign arbitration award granted to a domestic digital touch technology company in a patent dispute with two Sony Corp. affiliates, according to a heavily redacted court order released Tuesday.
Do not be misled into believing that arbitration is some special mystic art requiring Svengali-like skills. A good litigator can adapt to conducting arbitration just as they do when appearing in a foreign (or unfamiliar) municipal court, says Denis Brock, chairman of O’Melveny & Myers LLP's international disputes and arbitration practice.
A Virginia federal judge on Tuesday confirmed arbitration awards totaling nearly $16.7 million issued to a bankrupt Russian lender in a dispute with two U.S. companies linked to a failed power plant project, saying the companies hadn’t shown that the awards ran contrary to U.S. public policy.
Recent initiatives by the Permanent Court of Arbitration to engage with speakers of Arabic show not only the increasing relevance of international arbitration in the Middle East and Arab world, but also the need for institutions to adapt to those users’ needs.
A federal judge on Tuesday confirmed an approximately $200 million award issued to a South African refiner following a loan dispute with a Pennsylvania automotive salvage company, saying the tribunal hadn't been unreasonable when it denied the salvage company's bid to postpone an evidentiary hearing.
Dutch electronics giant Philips said Tuesday it will receive roughly €135 million ($169.3 million) in damages after the ICC International Court of Arbitration sided with claims that Japan’s Funai Electric Co. Ltd. refused to take the necessary steps to close a 2013 acquisition of Philips’ lifestyle entertainment business.
Colombian private equity fund manager Tribeca Asset Management Inc. has urged a Florida state court to dismiss a craft beer company’s $500 million arbitration claim that the PE firm used trade secrets to set up the sale of a rival beer company to Anheuser-Busch InBev, saying Tribeca never signed an agreement with an arbitration clause.
Defunct ad company China MediaExpress Holdings Inc. must arbitrate all its claims in a $625 million dispute alleging that its insurers wrongly refused to indemnify it in securities-related litigation after a New York federal judge on Monday ruled that the parties have a valid arbitration agreement.
Insurance Co. of the Americas urged a New York federal judge on Monday to confirm an award it won in a reinsurance arbitration with certain underwriters at Lloyd's of London over workers' compensation claims, saying the underwriters have no evidence that ICA’s appointed arbitrator "corrupted" the arbitration.
The most significant trend in international arbitration, I believe, is simply the effectiveness of arbitration. International arbitration awards are more easily enforced in jurisdictions other than where the award is granted than are court judgments, which makes for greater finality and recoverability, says Kirk Watkins, Womble Carlyle Sandridge & Rice LLP’s chief liaison to and president-elect of the Atlanta International Arbitration Society.
Moldovan investors awarded about $500 million by a Stockholm arbitral panel after Kazakhstan allegedly hounded them out of their oil and gas investments asked a D.C. federal judge Monday to reject the country’s request to add to its opposition to the award, saying it’s another pointless delay tactic.
A confirmed $6 million arbitration award that several Canadian investors won from the operators of a Kentucky coal mine was the product of “fraud and corruption” and should be vacated, the miners told the Sixth Circuit on Monday.
Wind farm developer Tang Energy Group Ltd. hit back Monday in Texas federal court against Aviation Industry Corp. of China, saying the company and its affiliates are attempting to avoid an unfavorable ruling by fighting to keep a suit seeking to confirm a $70 million arbitration award intact.
When I became involved in arbitration I found a world of interesting, complex and truly international challenges, which were very attractive. Living in Hong Kong and dealing with clients and instructions from about 30 different countries only made me more interested in this important and global way of solving difficult business issues, says Andrew Aglionby, an arbitrator and mediator with JAMS International.