An Iraqi businessman accused American defense contractor KBR of falsifying government invoices during arbitration proceedings to avoid allegedly outstanding payments for a vehicle maintenance facility for the U.S. Department of State in Baghdad, according to a Monday court filing seeking $3 million in relief.
Two California cotton producers urged a district court to order a South Indian yarn company to arbitrate its antitrust claims for $300 million in treble damages, saying Monday that the company had agreed to arbitrate all disputes with a trade group and even attempted to do so in 2013.
The International Chamber of Commerce's International Court of Arbitration said Tuesday that it's adopted new guidance for arbitrators to help them decide whether to disclose possible conflicts of interest that could raise questions about their impartiality.
Hyperdynamics Corp. announced Tuesday that an arbitrator has ruled against allowing one of its subsidiaries to alter a contract with two United Kingdom-based oil and gas companies, leaving the Texas firm at risk of losing the right to drill for resources off West Africa.
Chinese information technology company Unisplendour will no longer make a $3.775 billion equity investment in Western Digital, the data storage manufacturer said Tuesday, due to concerns about the transaction’s ability to clear a Committee on Foreign Investment in the United States investigation.
The Committee on Foreign Investment in the U.S. is reviewing a growing number of deals as it hunts for potential national security risks in transactions from foreign buyers, with Chinese buyers from an expanding swath of industries increasingly becoming of interest to the regulator, new data suggests. Here, Law360 recaps three major takeaways from the regulatory agency’s latest report.
Chinese manufacturer BYD cried foul on Monday against Apple Inc., telling a California federal court the technology giant improperly snuck arguments on evidence allegedly showing that the manufacturer agreed to be bound to an international arbitration agreement into a routine administrative filing.
For the firms, registered representatives and investors in the U.S. brokerage industry, there's practically only one way to settle disputes: Financial Industry Regulatory Authority arbitration. Here, in part one of a series on FINRA, Law360 offers a primer on the forum.
Ecobank Transnational Inc. and its former CEO reached an agreement in wrongful termination litigation in three countries, in which the former executive had been awarded $27 million, according to a Friday statement from the bank that did not disclose terms.
Toshiba Corp. and California-based semiconductor company BaySand Inc. said on Sunday that they've settled their dispute over Toshiba's alleged infringement of BaySand's patented nanometer technology, ending a federal lawsuit in California and arbitration before the International Chamber of Commerce in Japan.
A coalition of environmental advocates on Monday circulated a report skewering TransCanada's $15 billion attack on the Obama administration's denial of the Keystone XL pipeline as an example of the way corporations use trade deals to undermine government regulations.
Greenberg Traurig LLP has added a former DLA Piper partner who specializes in international arbitration and construction litigation to co-chair its commercial litigation practice in Atlanta, the firm announced Friday.
The 12th round of the Transatlantic Trade and Investment Partnership talks commenced in Brussels on Monday as scores of civil society advocates blasted Europe’s proposal to replace the controversial investor-state dispute settlement system with a new investment court that does little to alleviate their concerns.
Argentina shot back Friday against NML Capital and Aurelius Capital Partners' opposition to the country's multibillion-dollar proposal to end debt default litigation with holdout creditors, saying in a New York court filing that the private equity firms are using prior injunctions that the republic wants lifted as a “club” in settlement talks.
A month after a failed arbitration bid, attorneys with Dacheng Law Offices LLP have asked a New York federal judge for permission to withdraw as counsel for a Chinese herbal pharmaceuticals manufacturer in a $6 million lawsuit over a botched note offering, saying Friday they are no longer authorized to represent the company.
A Dow Chemical unit not only has failed to convince a Virginia federal judge to void a $455 million arbitration award it must pay Bayer for violating patents on genetically modified crops, it will have to grapple with a steep interest rate that could boost the cost of an appeal by millions of dollars.
While the gender ratio of law school graduates has equalized over the last few decades, it has remained stubbornly off-balance among high-level international arbitrators. But some of the world's top female arbitrators say there are steps women can take to ensure that diversity takes hold. Here, Law360 provides three tips for women seeking to gain recognition in international arbitration.
A judge of the High Court of Delhi in India has shot down a request by a rice businessman to halt arbitration proceedings brought by a Qatari state investment fund that accused the businessman of hiding his company’s “near bankrupt” state and costing the fund $193 million.
A Financial Industry Regulatory Authority arbitration panel in Puerto Rico late Thursday awarded a San Juan woman nearly $1.5 million from UBS AG units on her claim the financial services company defrauded her in connection with loans secured by so-called closed-end funds heavily invested in the commonwealth's debt.
Reed Smith LLP has bolstered its intellectual property practice in New York by snagging a former Fish & Richardson PC partner with experience advising clients in the pharmaceutical, chemical and medical device industries before the International Trade Commission and in international arbitration.