A New York federal judge on Tuesday said he will allow arguments made by the insurance arm of New York's Metropolitan Transit Authority in favor of resolving a $20 million fight over coverage for Superstorm Sandy damage, which was allegedly wrongfully withheld by a Swiss reinsurer, in a London arbitration forum.
Two U.S.-based companies linked to a power plant project asked a Virginia federal court on Thursday to overturn foreign arbitration awards against them totaling over $16 million in a fight over allegedly unpaid loans, saying a bankrupt Russian lender is trying to pursue claims that have already been put to rest.
Texas law firm Smyser Kaplan & Veselka LLP told a federal court Thursday it wants a Taiwanese businessman it had represented in a dispute over a merger between two shipping companies to pay up on an award issued by an international arbitration tribunal in November.
American paper company Resolute Forest Products Inc. is seeking CAD$70 million ($50.2 million USD) in damages from the Canadian government under the North American Free Trade Agreement for losses allegedly caused by the government-aided revival of a competitor's paper mill in Nova Scotia.
Global Tungsten & Powders Corp.’s malpractice suit against EisnerAmper LLP claiming that an expert consultant’s lies cost it a $10.3 million arbitration award is moving to New York, after a Pennsylvania state judge dismissed the case Monday.
The Court of Arbitration for Sport, an international body created to settle sports disputes, last week rejected the appeal of Liberia Football Association President Musa Hassan Bility, whose candidacy for FIFA’s top job was denied over ethics concerns raised by the embattled international soccer body.
A California federal judge has ruled that it’s too late for U.S. freight shipping and trucking company Thunderbolt Enterprises to fight a 2012 arbitration award ordered against the company for allegedly backing out of a deal to deliver $500,000 worth of fish paste.
Damages owed by a charterer that breached its contract with a shipping company must reflect the additional $16.8 million the shipping company got for selling the disputed vessel in 2007 instead of 2009, according to a Monday ruling in the British Court of Appeal that affirmed a maritime arbitrator’s findings.
A Canadian tour company told a California federal judge Tuesday that he has jurisdiction to resolve its dispute with a Taiwanese yacht manufacturer — and affirm an international arbitration award — through the yacht company's affiliation with a California distributor.
Getma International told a D.C. federal court Tuesday that it will not give up its fight to confirm a more than €38.5 million ($42 million) award against the Republic of Guinea in a dispute over a canceled port contract with the West African nation, despite an international tribunal's annulment of the award.
The Canadian government blasted Eli Lilly & Co. in World Bank arbitration documents made public Tuesday, saying Lilly shifted focus in its $500 million patent dispute and sought to use the panel convened under the North American Free Trade Agreement as an “uber-tribunal” that can rewrite Canada’s laws.
Australian mining tycoon Joseph Gutnick and his phosphate company won't have to pay up on a $40 million award issued by a Singapore arbitration tribunal in a dispute over a stock purchase agreement with India's largest fertilizer collective until an appeals court weighs in, an Australian judge ruled Tuesday, citing Gutnick's intention to pursue the appeal "with all due expedition."
A Taiwanese computer maker was stymied Tuesday in its efforts to collect a $7 million arbitration award from a Philadelphia information technology company when a Pennsylvania federal judge declined to link the liability of the U.S. company to its husband-and-wife owners without a trial.
Reinsurer Infrassure Ltd. urged a Manhattan federal court Tuesday to strike arguments made by the insurance arm of New York's Metropolitan Transit Authority in favor of sending a fight over $20 million in coverage for damage caused by Superstorm Sandy to arbitration in London, saying the arguments missed a deadline.
The Republic of Congo urged the D.C. Circuit to overturn a federal court's refusal to vacate a $770 million arbitral award in favor of a public works contractor, saying the former company officials who lodged the suit are "imposters” who were divested of the authority to handle the company's affairs.
Two former partners from Harris O'Brien St. Laurent & Chaudhry LLP have joined forces to start their own firm in downtown Manhattan, specializing in securities litigation, arbitration, white collar criminal defense and regulatory enforcement.
The European Union and Canada have asked to join a World Trade Organization dispute lodged by the U.S. challenging China's policies of imposing steep taxes on imported aircraft while exempting locally manufactured planes from the same measures, according to notices circulated Tuesday.
A New York federal judge on Monday amended her ruling upholding ConocoPhillips' acquisition of a 50 percent stake in a coking unit at a Texas refinery to specify that a Venezuelan state-owned oil company owes at least $10.2 million, but declined to spell out exactly what each Petroleos de Venezuela SA entities owes.
A distressed-debt fund can keep pursuing the Democratic Republic of the Congo and its state utility for nearly $200 million that an arbitrator determined they owed for the construction of a hydroelectric plant and power line more than 20 years ago, a District of Columbia federal judge has ruled.
The Court of Arbitration for Sport said Monday that decisions on the International Association of Athletics Federations’ appeals over the Russian Anti-Doping Agency's handling of punishments for six track and field athletes banned for doping will be released simultaneously following the final hearing in February.