Sinosoft Technology Group Ltd. said Sunday that a Chinese arbitration court had dismissed claims accusing its subsidiary of breaking a joint-venture agreement with Hong Kong-based Janful Ltd. by failing to assign intellectual property rights over software.
The International Council for Commercial Arbitration said Monday that five new members have been elected to its governing board, announcing a slate of attorneys, in-house counsel and arbitrators from organizations such as Sidley Austin LLP, Arnold & Porter LLP and oil giant BP PLC.
Air India Ltd. signaled Monday that it will try to force arbitration in a U.S. company's $97.7 million suit claiming it hasn't paid for charter services to carry pilgrims between India and Saudi Arabia, telling a New York federal judge their contracts have valid, binding arbitration clauses.
A Russian shareholder urged the Ninth Circuit on Thursday to reject an ex-State Duma legislator’s bid to reverse a worldwide freeze order, arguing that a California federal court did not abuse its discretion in a dispute over an unpaid $84 million London arbitration award.
The London Court of International Arbitration has added a trio of attorneys from King & Spalding LLP, Norton Rose Fulbright and White & Case LLP to the institution's board of directors, according to an announcement on Thursday.
Bankers Petroleum Ltd. on Friday announced it will continue with its Albanian operations after the country’s government agreed to relinquish control of the oil and gas exploration company’s bank accounts amid a recent arbitration order that the government release the accounts.
A Swiss reinsurer said Thursday that the Metropolitan Transit Authority's insurance branch cannot force arbitration in London nor appoint a commercial litigator as arbitrator in a $20 million spat over coverage for Superstorm Sandy damage, arguing that the requests are contrary to its reinsurance certificate.
Mineral sands mining company Astron Corp. Ltd. said Wednesday that the Gambia will attempt to overturn a AU$31 million (nearly $23 million) award favoring the company in a spat over its revoked license and expropriated mining assets.
Khan Resources Inc. on Wednesday said that it is investigating other jurisdictions to enforce a roughly $106 million award against Mongolia, signaling the latest move in a spat over cancelled licenses at what it calls one of the world’s largest untapped uranium reserves.
The government of Belize has agreed to pay $67.5 million to local and international investors of its nationalized telecoms and electricity providers ending a long running dispute over the validity of the nationalization, with further compensation expected as additional investor claims are considered in UNCITRAL arbitration.
A Swedish appeals court has found that an arbitration tribunal did not exceed its mandate under a shareholders agreement when it ruled for a wood panel manufacturer in a dispute over a patent application and acquisition by its business partner in a flooring technology venture.
French tycoon Bernard Tapie on Thursday lost a €1.2 billion ($1.3 billion) fight against the French government over the sale of sportswear giant Adidas AG more than two decades ago, instead finding himself on the hook to repay an arbitration award of more than €400 million.
Churchill Mining PLC said Wednesday that it is nearing the end of a document authenticity spat in ongoing arbitration proceedings against Indonesia, reiterating its view that forgery played no role in its mining licenses for one of the world's biggest coal reserves.
A New York state judge has signed off on an order of attachment aimed at Pakistani media company ARY Communications Ltd., marking a win for a California investment firm’s efforts to enforce a Singapore arbitration award issued in an investment funding spat.
Many tribunals broadly adopt a stance favoring the recovery of costs by the winner in arbitration proceedings, though several major arbitration institutions lack specificity on the issue, according to a recent International Chamber of Commerce report on cost allocation.
A professional golfer and a former Missouri hotelier allegedly duped out of $1.5M in a foreign investment scheme by Windmill International Ltd. asked a Missouri federal judge Tuesday to toss the financial services company’s bid for arbitration by an allegedly fictitious forum.
A Canadian tour company told a California federal court on Tuesday that it shouldn't have to abide by a service process required under Taiwanese law in its bid to confirm an arbitration award, which it won in a contract dispute with a Taiwanese yacht manufacturer.
The Italian financial services company Mediolanum SpA said Tuesday that it has agreed through international arbitration to pay more than €150 million ($158.9 million) to settle a dispute with the Italian Revenue Agency over certain transfer pricing practices with its Irish subsidiary.
The Latin American parliament has denounced an arbitration panel’s decision requiring Ecuador to pay $1 billion to Occidental Petroleum Corp. in an oil exploration contract dispute, and passed a resolution to protect the region’s nations from transnational corporations, according to a statement released Monday.
German electricity and gas provider RWE AG has settled claims that it violated confidentiality agreements and impaired two oil and gas companies' interests in Iraq's Kurdistan region, ending a London Court of International Arbitration battle, according to a Monday announcement.