A pair of U.K. insurers were ordered by a U.K. High Court judge on Monday to appoint a new arbitrator in their dispute with Tonicstar Ltd., an indirect subsidiary of Berkshire Hathaway Inc., over reinsurance liabilities arising out of the attack on the World Trade Center in New York in September 2001.
A Korean auto parts manufacturer and a distributor have resolved their dispute over a Korean arbitral award stemming from disagreements over sales proceeds for rubber and rubber-related parts, according to a Friday filing in Michigan federal court.
A new nonprofit organization aimed at improving the insurance and reinsurance alternative dispute resolution process in Asia has just been launched in Hong Kong, and experts say the initiative is likely to provide a welcome boost to the region’s arbitration capabilities as its economy continues to boom.
George Washington University law professor and former WilmerHale attorney Steve Charnovitz said Friday that the World Trade Organization’s Appellate Body should cease accepting appeals if it encounters three vacancies, offering a path forward for the beleaguered institution.
The former majority shareholders of Yukos Oil Co. said Thursday they have given up efforts in Belgium to enforce $50 billion in arbitral awards issued after Russia allegedly imposed fabricated tax debts that caused the company's bankruptcy, in order to focus on having the awards reinstated by a Dutch appeals court.
Fresh Del Monte Produce Inc. agreed Thursday to drop its suit accusing a juice company of interfering with a contract with a pineapple grower, in exchange for an injunction barring the juice company from buying pineapples from the grower.
Hong Kong's Court of Final Appeal on Friday dismissed AIG Inc.’s bid to challenge to an arbitral award canceling the insurer's rights to a $475 million deposit on an aircraft leasing unit following a botched sales agreement, finding that the insurer's constitutional challenge to a law barring its efforts to set aside the decision have fallen flat.
A former Enron subsidiary largely prevailed Thursday in its bid for Nigeria to pay attorneys' fees it accrued while trying to enforce a $21.2 million arbitral award stemming from a dispute over the early termination of a power purchase agreement, with a D.C. federal judge approving more than $233,000.
An Argentine court has rejected an attempt by Ecuadorean citizens to enforce an Ecuadorean court’s $9.5 billion oil pollution judgment against Chevron Corp. in Argentina, saying the corporation’s Argentine subsidiary can’t be held liable for a judgment against the parent company.
A New York federal judge has lifted a seizure order on $11.3 million belonging to an Azerbaijani bank that was in place as a Bermuda unit of emerging markets investment banking group Renaissance Capital arbitrated their contractual dispute, after the Bermuda entity said it will be pursuing its claim through bankruptcy proceedings.
The English Court of Appeal on Thursday revived a Greek shipper’s $1.7 million arbitral award against its Chinese business partner, finding that a lower court judge who set aside the decision erred when he determined that Sino Channel Asia Ltd. wasn’t properly notified.
The Ninth Circuit has halted an order forcing a former Russian lawmaker to turn over Liechtenstein trust assets sought by his former business partner, at least temporarily putting on hold the enforcement of a $93 million arbitration award.
An Arizona federal judge on Tuesday paused a Mexican nutraceutical company's $20 million suit accusing a Phoenix-based goji juice manufacturer of allegedly violating an exclusive distribution contract, finding that both parties agreed to arbitrate the dispute.
Months after reviving a bid by several Brazilian iron companies to enforce a more than $48 million arbitral award against the alleged alter egos and successors of Steel Base Trade AG, the Second Circuit on Wednesday paused enforcement efforts while the U.S. Supreme Court considers the case.
Austria has fended off a €200 million claim brought against it by the controlling shareholder and principal owner of Meinl Bank over an alleged “witch hunt” aimed at the institution and its officials, counsel for the nation confirmed on Wednesday.
The Indian government on Tuesday again urged a D.C. federal court not to confirm an approximately $74 million arbitral award issued to a Hardy Oil and Gas affiliate following a dispute over rights to certain natural gas reserves, saying the “unprecedented" relief granted by the arbitrators violates U.S. public policy.
The U.K.’s top legal trade body warned on Wednesday that the country’s courts could face “gridlock” if Britain leaves the European Union without an agreement on a new trade relationship.
By refusing to certify China as a market-driven economy in a new trade spat over aluminum foil, the Trump administration has taken perhaps its boldest stance yet against Beijing, teeing up a conflict likely destined for a calamitous World Trade Organization showdown between the two juggernauts.
Infrastructure company Cardno Ltd. asked a Florida federal court on Monday to confirm a nearly $15 million arbitral award it won against the owners of an Ecuadorian engineering firm it had purchased, who allegedly concealed a bribery scheme aimed at securing government contracts.
Attorneys for MF Global Holdings Ltd. will be spending their winter in the North Atlantic after a New York federal court on Monday denied the defunct brokerage’s bid to undo a bankruptcy court order that sent a coverage dispute with Allied World to the insurer’s home country of Bermuda for arbitration.
The ruling by the Shanghai No.1 Intermediate People's Court in Noble Resources International v. Shanghai Good Credit International Trade is potentially significant for claimants who are considering using expedited procedures under older versions of the Singapore International Arbitration Centre rules, says James Kwan of Hogan Lovells.
In another ground-breaking case — Lesotho v. Swissbourgh Diamond Mines — the Singapore High Court has set aside an investor-state arbitral award on the basis that the tribunal exceeded its jurisdiction. This further demonstrates the willingness and competence of Singapore courts to deal with issues concerning public international law and investment arbitration, say members of Baker McKenzie Wong & Leow.
As judges become better educated about the complexities of collecting electronically stored information, in particular the inefficacy of keyword searching, they are increasingly skeptical of self-collection. And yet, for many good reasons (and a few bad ones), custodian self-collection is still prevalent in cases of all sizes and in all jurisdictions, says Alex Khoury of Balch & Bingham LLP.
It’s safe to say that while demand ebbs and flows for legal services, there will never be a shortage of opinions about lateral partner hiring, which is positive for the industry, as anything with such vital importance to careers should attract significant attention. However, there is a unique mythology that travels with the discussions, says Dan Hatch of Major Lindsey & Africa.
With more than a third of lawyers showing signs of problem drinking, and untold others abusing prescription drugs and other substances, it is time for law firms to be more proactive in addressing this issue, says Link Christin, executive director of the Legal Professionals Program at Caron Treatment Centers.
Unlike victims of many crimes, human trafficking survivors often have complicated legal problems related to the experience of being trafficked — everything from criminal records to custody disputes to immigration obstacles. Many law firms already provide assistance in these areas and can easily transition resources and expertise, says Sarah Dohoney Byrne of Moore & Van Allen PLLC.
At the Leadership Council on Legal Diversity, we want to see, as founding member and Microsoft chief legal officer Brad Smith once stated, “a legal profession as diverse as the nation we serve.” We are not there yet — far from it — but we are beginning to put some numbers on the board, says Robert Grey, president of the Leadership Council on Legal Diversity.
In prohibiting employers from asking potential hires about their previous salaries, lawmakers seek to "level the playing field." But there are real problems with the practicality, legality and enforceability of many of the salary history laws, says Fredric Newman, a founding partner of Hoguet Newman Regal & Kenney LLP.
David Coale, leader of the appellate practice at Lynn Pinker Cox & Hurst LLP, shares his insights into what works — and what does not — when setting up and maintaining a legal blog.
There is a wonderful sketch of Seventh Circuit Judge Richard Posner dressed in a black robe with arms outstretched as if they were the billowing wings of a lean vulture. He is kicking a human brain down a hallway and wearing a half-smile that looks for all the world like a sneer. That sketch is the perfect metaphor for both Judge Posner and his new book, "The Federal Judiciary: Strengths and Weaknesses," says U.S. District Judge Ri... (continued)