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International Arbitration

  • June 15, 2016

    Solazyme Urges 3rd Circ. To Back IP Rights Arbitration Award

    A California biotechnology company has asked the Third Circuit to affirm an international arbitration award for intellectual property rights associated with a defunct biotech joint venture, saying a French starch manufacturer's appeal is premised on a fundamental misinterpretation of the award.

  • June 15, 2016

    Policies Clash In $445M Dow Appeal, Andrews Kurth Atty Says

    The Federal Circuit may have to choose between respect for arbitration and the U.S. Supreme Court’s limits on profits from patents when it decides Dow Chemical Co.’s appeal of a $445 million award from a licensing row with Bayer AG, a senior Andrews Kurth LLP lawyer told the appeals court Tuesday.

  • June 15, 2016

    UBS Can't Use Old Arbitral Evidence In Court, Lakahs Say

    Egyptian businessmen Ramy and Michel Lakah blasted a request by a gaggle of banks who blame the brothers for a $100 million debt default to reuse witness statements from an arbitration proceeding that the Lakahs don't want anything to do with, telling a New York federal judge Tuesday that they deserve to cross-examine the witnesses.

  • June 15, 2016

    Ex-Lawmaker Loses Bid To Halt Enforcement Of $84M Award

    A California judge refused Tuesday to stay enforcement of a confirmed $84 million arbitration award against a former Russian lawmaker who allegedly misappropriated a shareholder's interest in a Moscow shopping center, saying he wasn't convinced that appeals challenging the award are likely to be successful.

  • June 15, 2016

    Alstom, GE Agree To Pause Arbitration, Consider Accountant

    General Electric Co. has agreed to pause its arbitration against French rail giant Alstom SA and hire an accounting firm to potentially sort out the companies' dispute over Alstom's $800 million purchase of GE’s rail-signaling business, according to an order signed by a New York federal judge Wednesday.

  • June 15, 2016

    Swedish Justices Clarify Courts' Role In Arbitration

    Swedish courts have broad authority to consider all jurisdictional objections in ongoing arbitration proceedings, the Supreme Court of Sweden has ruled, reviving a Total SA unit's suit to nix arbitration brought by certain Russian parties over an oil and gas deal.

  • June 15, 2016

    McDermott Will & Emery Partner Appointed To SIAC Panel

    A Frankfurt-based lawyer at McDermott Will & Emery who has represented countries and companies in cross-border business disputes and investor-state arbitrations has been appointed to the panel of lawyers who can hear cases at the Singapore International Arbitration Center, the firm said Tuesday.

  • June 14, 2016

    TPP Unfairly Tips Balance Toward Foreign Investors: Study

    The Trans-Pacific Partnership would give foreign investors special rights to protect their assets that are unlike those existing under international law for foreign nationals, domestic investors or citizens "even in the most extreme situations of mistreatment," according to a report released Tuesday by a Canadian think tank.

  • June 14, 2016

    Paint Co. Chalks Up Win Against Canadian Vendor

    A Canadian woman who sold her own line of “chalk paint” after ducking out of a contract with a U.S. distributor of similar products was ordered by a Louisiana federal judge Tuesday to pay costs and comply with an arbitration award that prevents her from using the trademarked term.

  • June 14, 2016

    Guinea Unlawfully Axed Mining Rights, Tribunal Told

    A Guernsey-based mining company has fought back against Guinea's cancellation of certain iron ore mining deals after the company was accused of corruption, saying in documents publicized Monday by a World Bank arbitral institution that the allegations are completely unfounded.

  • June 14, 2016

    Goldman Sachs Tells 2nd Circ. To Drop Billionaire’s Appeal

    The Goldman Sachs Group Inc. has urged the Second Circuit to dismiss an appeal brought by a Singaporean billionaire claiming that he lost more than $34 million on exotic currency option trades, telling the appellate court that the man tried to dodge arbitration by filing a case with the U.S. Commodity Futures Trading Commission.

  • June 14, 2016

    Chinese Co. Can’t Get Full $3M Award From Aussie Trustee

    A Chinese company that won a $3 million arbitral award from an Australian trader over a disputed iron ore contract can collect only $538,000 that the trader held in trust on its behalf, not the full amount of the award, a New South Wales court has ruled.

  • June 14, 2016

    HK Judge Keeps Injunction In Play Amid Fund's Arbitration

    A Hong Kong judge has continued a court order halting certain Chinese and Hong Kong companies from accessing funds that may contain money a Canadian investment fund paid under a share purchase agreement, as an arbitral tribunal considers whether the deal was fraudulent.

  • June 14, 2016

    A Cheat Sheet To Chevron's Epic Feud With Ecuador

    The U.S. Supreme Court's decision last week to not consider Ecuador's challenge to a $96 million arbitration award issued to Chevron Corp. is just one element of a much larger dispute that has spanned three continents and proceeded over decades. Here, Law360 looks at the major events that have shaped this dispute and resulted in shocking revelations of the type more typically associated with Hollywood than courtrooms.

  • June 14, 2016

    Troubled Malaysia Fund Hit With $6.5B Arbitration Bid

    An Emirati sovereign wealth fund sought to arbitrate a $6.5 billion beef with a scandal-wracked, state-owned Malaysian investment fund, saying Tuesday it and Malaysia's finance ministry have refused to make good on their debt deal.

  • June 13, 2016

    US, Mexico Back Canada In $370M NAFTA Wind Farm Row

    The United States and Mexico have thrown their weight behind Canada's interpretation of the North American Free Trade Agreement in its CA$475 million ($370 million) dispute with a U.S. wind energy company, with Ottawa urging arbitrators to note the countries’ “common, consistent and concordant” views and rule in its favor.

  • June 13, 2016

    Blame Canada, Egyptian Phone Co. Tells ICSID On Cell Sale

    An Egyptian telecommunications company accused Canada of unfair treatment that forced it to ditch its investment in wireless carrier Wind Mobile in 2014, saying Sunday that it requested arbitration with the International Centre for the Settlement of Investment Disputes.

  • June 13, 2016

    DLA, Jenner, Sullivan Partners Join Arbitral Group's Board

    The International Institute for Conflict Prevention and Resolution, a New York-based nonprofit whose members include more than 300 companies, lawyers and law firms that research and promote efficient ways to resolve disputes, has added eight new board members to represent its growing membership.

  • June 13, 2016

    German Speedskater Ruling A Win For Int’l Sports Court

    A German high court last week said the Court of Arbitration for Sport correctly upheld German speedskating great Claudia Pechstein's suspension, tossing out a wrongful-suspension suit that experts said could have cracked the foundation of the international sports court.

  • June 13, 2016

    Yukos Investors Blast Russian Bid To Ax $50B Arbitral Row

    Former Yukos Oil. Co. shareholders asked a D.C. federal court Monday to nix Russia's supplemental motion to dismiss their bid to enforce $50 billion in arbitral awards, claiming it simply, and improperly, asks the court to grant a previous dismissal attempt.