A New York federal judge has rejected a Utah biodiesel fuel producer’s bid to set aside a $25.3 million verdict stemming from its admitted breach of a fuel purchase contract with a Singapore biofuel trader, holding Monday that the jury’s conclusions were reasonable.
An arbitral tribunal wrongly concluded that liability arising from a loading accident involving an iron shipment bound for India should be divided equally between the ship owner and the company that chartered the vessel, an English High Court judge found Friday.
A court on the island of Curacao has said ConocoPhillips Corp. may seize $636 million worth of assets held at refineries there that belong to Venezuela's state-run oil company as it looks to collect on a $2 billion arbitration award issued over the South American country's expropriation of two oil projects, according to local media reports.
President Donald Trump’s apparent decision to spare Chinese telecom giant ZTE Corp. after its Iran and North Korean sanctions violations sent the White House into damage control mode Monday as it stressed that the U.S. Department of Commerce would be making an “independent” decision on the matter.
The U.S. activist hedge fund Elliott Associates LP is seeking at least $670 million from South Korea over its decision to back the $8 billion merger of two Samsung affiliates in 2015, according to documents released by the country's Ministry of Justice on Friday.
The Russian Ministry of Justice on Thursday rejected a recent arbitral decision that the country owes around $159 million to a group of Ukrainian real estate investment companies whose properties in Crimea were expropriated following the 2014 takeover of the region, according to local media accounts.
Katten Muchin Rosenman LLP, Garfunkel Wild PC, Seyfarth Shaw LLP, Holland & Knight LLP, Dechert LLP, K&L Gates LLP and Polsinelli PC are among the latest firms to have grown their health and life sciences abilities.
The last week has seen a vacation rental agency file for an appeal against a fiduciary service company, the Bank of India sue a jewelry company owned by an alleged fraudster and an African mining company launch legal proceedings against a Brazilian bank. Here, Law360 looks at those and other new claims in the U.K.
A bipartisan quartet of lawmakers unveiled new legislation on Thursday that would create a process for Congress to block new trade moves from the White House in an attempt to reclaim some of the trade power that the legislature has delegated to the executive branch.
Two Moldovan oil and gas investors trying to collect a $506 million arbitral award plus interest against Kazakhstan must face allegations that the award was tainted by fraud, after an English judge Friday denied their bid to drop the "exceptional case" before a trial could take place.
An English judge refused Wednesday to pause litigation initiated by a Dutch oil company looking to enforce a $200 million arbitral award relating to its acquisition of a Rompetrol unit, concluding that an individual accused of dissipating assets had not shown the dispute belonged in the Netherlands.
A small majority of those polled in a survey on the evolution of international arbitration released Thursday said Brexit won't dampen London's popularity as an arbitral seat, but if there is any ill effect, respondents said Paris is set to benefit most.
Swiss corporation Del Monte International GmbH has asked a Florida federal court to enforce its order confirming a $32 million arbitral award against a Costa Rican pineapple grower, saying Inversiones y Procesadora Tropical Inprotsa SA’s latest bid to escape payment is "a futile effort to avoid its day of reckoning."
An English judge on Thursday upheld a $28 million arbitration award issued against one of India's largest steel manufacturers after it allegedly failed to pay a supplier for nickel, finding that no error was committed when an arbitrator rejected a challenge to his jurisdiction over the dispute.
Curaçao's prime minister warned Wednesday that recent court orders allowing ConocoPhillips to seize assets belonging to Venezuela's state-run oil company to collect on a $2 billion arbitration award could leave the Caribbean island in a crisis, according to local media reports.
As officials negotiating the North American Free Trade Agreement continued to huddle in Washington, D.C., Thursday to strike a final deal, a slew of state legislators pressed them to secure the agreement’s controversial arbitration system for foreign investors.
A New York federal judge agreed Tuesday to allow a South Korean technology company to take over India-based Ybrant Digital's interest in the search engine and web portal Lycos Inc. to help pay $37 million in arbitral awards issued over a failed stock purchase agreement.
The Second Circuit on Wednesday favored New Jersey trader Transmar Commodity Group Ltd.'s bid to keep a $2.6 million arbitral award against a Peruvian cocoa and coffee growing cooperative, saying a lower court was wrong to conclude Transmar and the cooperative had not actually agreed to arbitrate their disputes.
An English judge ruled Wednesday that a dispute over a bad paint job on a luxury superyacht was never settled during formal negotiations so the builder can continue to press its case before arbitrators.
An international tribunal has unanimously awarded about $159 million to a group of real estate investment companies that owned properties in Crimea that were expropriated by Russia following its 2014 takeover of the peninsula, Law360 learned Wednesday.
While a client’s visual impairment can create challenges for an attorney, it also can open up an opportunity for both attorney and client to learn from each other. By taking steps to better assist clients who are blind or visually impaired, attorneys can become more perceptive and effective advisers overall, say Julia Satti Cosentino and Nicholas Stabile of Nutter McClennen & Fish LLP.
Less than two weeks before the Pyeongchang Olympics, the Court of Arbitration for Sport cleared previously banned Russian athletes to compete, but on Monday the International Olympic Committee stated it will not allow such competition. This chaotic situation could have been avoided by following well-known practices in jurisprudence, says Ronald Katz of GCA Law Partners LLP.
Because courts have not modernized as quickly as companies like Amazon, Tesla and Apple, Americans are becoming increasingly dissatisfied, but technological innovations may be able to help Americans access their due process, says Stephen Kane of FairClaims.
In a national survey of 378 small law firms, partners ranked client referrals as the most important means of business development. Yet studies reveal that while professional services providers obtain most new clients from existing client referrals, their best new clients — the ones providing the largest pool of investable assets — overwhelmingly come from “centers of influence,” says Frank Carone, an executive partner at Abrams Fensterman.
Lawyers who have left the traditional practice for perceived greener pastures are many. But the circumstances surrounding broadcast journalist Bob Woodruff’s departure are unique. Like none I’ve ever heard, says Randy Maniloff of White and Williams LLP.
As someone who spent half her days last year on the bench presiding over trials, I often find the alarmist calls to revamp the jury trial system a tad puzzling — why is making trial lawyers better rarely discussed? Then along comes a refreshing little manual called "On the Jury Trial: Principles and Practices for Effective Advocacy," by Thomas Melsheimer and Judge Craig Smith, says U.S. District Judge Virginia Kendall of the Northern District of Illinois.
While there may be minor deviations along the way, international arbitration has made many recent gains and will no doubt continue to flourish in the age of Trump and beyond, says Ava Borrasso, a Miami-based attorney specializing in international commercial litigation and arbitration.
On Tuesday, the Trump administration announced 12 new judicial nominations. We will soon discover whether these candidates learned from the mistakes of the three nominees forced to withdraw in December after bipartisan concerns arose over their qualifications, says Arun Rao, executive VP of Investigative Group International.
While technology is making certain aspects of e-discovery faster and easier, it is also creating new challenges as quickly as we can provide solutions. The good news is that there are concrete steps businesses can take to address those challenges, says Peter Ostrega of Consilio LLC.
Procedures for dealing with doping are not well established and are not at all uniform from sport to sport. The current situation is chaotic — it is not known until the last minute who will be competing and it is not known for years who actually medaled in the competitions. A new system is needed, says Ronald Katz of GCA Law Partners LLP.