Venezuela has agreed to pay a $1.2 billion arbitral award to Rusoro Mining Ltd. to acquire the company's data, a deal that could lead to a partnership to restart production at two of Rusoro's former gold mining projects in the country, the mining company said Thursday.
Luxembourg-based International Engineering & Construction SA and a Nigerian subsidiary have asked a New York federal court to force a pair of General Electric units to arbitrate a $500 million dispute stemming from several contracts relating to the sale and operations of two liquefied natural gas plants.
Hungary has been ordered by an international tribunal to pay a French voucher company €23.1 million ($26.8 million) for enacting tax reforms that effectively destroyed the company's business in the country, rejecting arguments that the claim was barred under a momentous decision issued by Europe's top court earlier this year.
HTC must hand over records of a Google transaction in its lawsuit accusing Ericsson of overcharging for aging standard-essential patents, after a judge said the information may aid Ericsson's counterclaims accusing the Taiwanese smartphone maker of offering unfair licensing rates.
A senior lawmaker told the Financial Conduct Authority and Bank of England on Thursday to provide Parliament with a "full and frank assessment" of the impact Britain’s proposed Brexit withdrawal agreement is expected to have on businesses, as companies begin to execute plans for a “no-deal” departure from the bloc.
Foley Hoag LLP has snagged a former De Gaulle Fleurance & Associés partner, who previously helped Russia fend off attempts by the former Yukos Oil Co. shareholders to enforce $50 billion in arbitral awards against it in France, to help lead its international litigation and arbitration practice in the firm's Paris office.
Ghana has paid a nearly $13.7 million arbitral award issued to the Ghanaian subsidiary of British energy firm Balkan Energy following a dispute over a soured power purchase agreement, and has agreed to drop its appeal of a D.C. federal court's confirmation of the award, according to court documents filed Wednesday.
The widow of a Norwegian Cruise Line employee who died while participating in a rescue drill aboard a cruise ship urged a Florida federal court to deny the company’s bid to compel arbitration of her wrongful death lawsuit, saying the dispute has already been arbitrated in the Philippines.
Litigation funding behemoth Burford Capital on Wednesday said it will put its money where its mouth is on the issue of promoting gender parity in BigLaw, with an initiative known as The Equity Project, which has a $50 million pool exclusively for financing litigations led by female lawyers or female-owned law firms.
The Financial Conduct Authority detailed amendments on Wednesday that it said would implement existing European Union law into its handbook and allow Europe’s firms to operate in Britain for a limited time if the U.K. leaves the bloc without a transition period.
Bankrupt Ampal-American Israel Corp. has reached a $150 million deal to resolve several arbitrations involving Egypt and two state-owned oil and gas companies — one of which resulted in a $1.033 billion arbitral award against Egypt — stemming from a terminated natural gas deal, according to documents filed in New York bankruptcy court.
Nigeria has appealed to the D.C. Circuit to challenge an order requiring it to present all its defenses against an engineering company's suit seeking to confirm a roughly $9 billion arbitration award without first getting a ruling on whether the country has immunity under the Foreign Sovereign Immunities Act.
An affiliate of a Delaware-based private equity fund urged a Florida federal court Monday to vacate a $2.25 million arbitration award related to its $70 million sale of a leading Jamaican fuel distributor, based on its argument that one of the arbitrators concealed connections to the buyer's counsel.
Mexico has urged an international tribunal to toss a $500 million North American Free Trade Agreement arbitration claim from a telecommunications company's investors who say the country destroyed their business in favor of Mexico's dominant telecom, arguing the claims are based on a "wholly illogical and improbable idea."
The Court of Arbitration for Sport has lifted a ban imposed on one of two Russian athletes who tested positive for illegal substances at the Pyeongchang Olympic Winter Games in South Korea in February, saying it was undisputed that a contaminated substance caused the bobsledder to test positive for a prohibited heart medication.
White & Case LLP has grown its international arbitration practice with a former Bryan Cave Leighton Paisner LLP partner who specializes in dispute resolution and arbitrations related to large-scale construction and infrastructure projects.
When a New York appeals court recently revived a $100 million arbitral award that had been set aside because of a tribunal's "manifest disregard" of the law, many in the New York arbitration community breathed a sigh of relief, saying the decision underscored that courts in the Empire State won't second-guess arbitral tribunals.
Russian energy company PAO Tatneft has asked the D.C. Circuit to affirm the enforcement of a $112 million arbitral award it won following a “black raider” action that caused the 2007 seizure of a Ukrainian oil refinery, arguing that the lower court rightly rejected Ukraine's sovereign immunity defenses.
Cellphone maker HTC America Inc., which is suing Swedish telecom Ericsson Inc. in Texas federal court for allegedly overcharging for aging standard-essential patents, bears the burden of proof for its breach-of-contract claim, Ericsson has said in a brief.
A World Trade Organization panel found Friday that the Colombian government has removed or mitigated its import hurdles on apparel, textiles and footwear, turning aside protestations from Panama that its goods were still being discriminated against.
Jason Idilbi, former BigLaw associate and general counsel of the tech startup Passport Labs Inc., returns to Law360 to share recent thoughts on best practices for newer associates — whether they are serving external clients or senior attorneys within their firms.
In a new, extraordinary book, "Tough Cases: Judges Tell the Stories of Some of the Hardest Decisions They’ve Ever Made," 13 of my judicial brethren have courageously and dramatically humanized the judicial process, says U.S. District Judge Frederic Block of the Eastern District of New York.
Much time and attention have been focused on improving lawyers' abilities to communicate with and persuade juries in complex trials. But it is equally important to equip and prepare jurors to become better students in the courtroom, say attorneys with DLA Piper and Litstrat Inc.
While in-house technology investments on the scale and complexity needed to compete with large firms remain cost prohibitive for small and midsize law firms, cloud-based services offer significant cost savings and productivity gains with little to no capital investment, says Holly Urban of Effortless Legal LLC.
With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.
In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.
The first comprehensive overhaul of California's Rules of Professional Conduct in nearly 30 years becomes operational on Nov. 1. Some of the new rules mirror the model language used by the American Bar Association, but many continue to reflect California’s unique approach to certain ethical questions, says Mark Loeterman of Signature Resolution LLC.
The balancing act between protecting attorneys’ speech rights and ensuring unbiased adjudications was highlighted recently in two cases — when Michael Cohen applied for a restraining order against Stephanie Clifford's attorney, and when Johnson & Johnson questioned whether a Missouri talc verdict was tainted by public statements from the plaintiffs' counsel, says Matthew Giardina of Manning Gross & Massenburg LLP.
In Sheppard Mullin v. J-M Manufacturing Co., the California Supreme Court ruled last month that a law firm's failure to disclose a known conflict with another current client did not categorically disentitle the firm from recovering fees. But the court didn’t provide hoped-for guidance on how to write an enforceable advance conflict waiver, says Richard Rosensweig of Goulston & Storrs PC.
In this monthly series, Amanda Brady of Major Lindsey & Africa interviews management from top law firms about the increasingly competitive business environment. Here we feature Melanie Green, chief client development officer at Faegre Baker Daniels LLP.