International Arbitration

  • January 24, 2024

    Crypto Lender Nexo Hits Bulgaria With $3B Arbitration Claim

    Nexo AG said it has submitted an approximately $3 billion arbitration claim against the Republic of Bulgaria at the World Bank's International Centre for Settlement of Investment Disputes following a raid of the crypto lender's offices in Sofia last year.

  • January 24, 2024

    Dogecoin Fans Urge Justices To Let Court Hear Coinbase Row

    A group of Coinbase users who claim the exchange misled them with murky advertising of a Dogecoin sweepstakes told the U.S. Supreme Court that it should be up to a judge to decide whether their grievances belong in arbitration.

  • January 24, 2024

    Amyris Says Claim Releases Needed For Post-Ch. 11 Success

    Biotechnology company Amyris Inc. told a Delaware bankruptcy judge on Wednesday it needs to eliminate potential shareholder claims in order to emerge from its Chapter 11 case as a successful company.

  • January 24, 2024

    Apartment, Insurers Settle Stalled Construction Coverage Row

    A Tampa, Florida, apartment complex owner and its insurers settled their dispute in federal court over coverage for delayed construction after mediation, they said Wednesday in a joint settlement notice.

  • January 24, 2024

    India's Zee Pushes Sony To Withdraw $10B Deal Termination

    Zee Entertainment on Wednesday issued a statement calling on Sony Group's India unit to "immediately withdraw" the termination of its agreement to buy Zee for $10 billion, adding that it has approached India's National Company Law Tribunal for assistance in closing the deal.

  • January 24, 2024

    Investors Seek Upfront Payment In Spain's €120M Energy Row

    Two investors urged an English court on Wednesday to make Spain's challenge to a €120 million ($131 million) arbitral award for slashing its economic incentives for renewable energy investors conditional on the state paying the full amount upfront.

  • January 23, 2024

    Australia, US, UK Sanction Russian Over Medibank Hack

    Officials from Australia, the U.S. and the United Kingdom revealed Tuesday that they had sanctioned a Russian national believed to have played an integral role in a 2022 cyberattack that hit Australian health insurer Medibank Private Ltd., marking the first time the three nations have made such a coordinated strike. 

  • January 23, 2024

    50 Cent Can Look At Ex-Liquor Boss's Assets For $7M Award

    A Connecticut bankruptcy judge is allowing rapper Curtis "50 Cent" Jackson's cognac company to examine assets belonging to its former brand manager, a move that could help the artist behind "In Da Club" recover a roughly $7 million judgment for claims accusing the now-insolvent ex-employee of stealing from the business.

  • January 23, 2024

    $57M Morocco Hotel Award Can't Be Enforced, 3rd Circ. Hears

    An investment firm urged the Third Circuit on Monday not to force it to pay a $57 million arbitral award issued against its former subsidiary following a dispute over a mismanaged luxury hotel, saying the suit is an act of desperation by a hotel owner with nowhere else to turn.

  • January 23, 2024

    Oligarchs May Be Exploiting Art Facilities To Dodge Sanctions

    Facilities storing valuable artwork should be on the lookout for designated Russian individuals who may have squirreled away pieces in order to evade international sanctions, the National Crime Agency warned Tuesday.

  • January 22, 2024

    2nd Circ. Tosses Arbitration Ruling In Ousted Chair's Suit

    The Second Circuit on Monday vacated an order refusing to halt arbitration initiated by the ousted former chairperson of software investment company The Resource Group International Ltd., who was forced to resign in late 2021 following a widely reported sexual harassment scandal.

  • January 22, 2024

    DC Circ. Mulls Enforcing $486M Award Against Djibouti

    The D.C. Circuit spent the better part of an hour Monday morning trying to sort out the intricacies of a dispute between the Republic of Djibouti and a Dubai-based state-owned shipping coordinator over a $486 million arbitral award.

  • January 22, 2024

    Sony Ignites Potential Legal Battle In Nix Of $10B Zee Merger

    Sony Group's India unit said Monday it has terminated its planned $10 billion merger with Zee Entertainment after the two sides failed to close the deal by a final deadline, although Zee claimed it doesn't owe a related $90 million termination fee and threatened potential "legal action."

  • January 22, 2024

    Skyscraper's Ties To Laundering Cut After Sale, Judge Told

    Two Miami businesspeople told a Florida federal judge that a pair of Ukrainian oligarchs lost their investment in a Louisville, Kentucky, skyscraper when an entity turned over the deed to avoid foreclosure on the property in 2018, countering the government's claim of a connection to a money laundering scheme.

  • January 22, 2024

    Zimbabwe Can't Escape $125M Award In England

    England's High Court has nixed the Republic of Zimbabwe's bid to set aside an order enforcing a $125 million arbitral award against it, finding the country's argument that it was immune from the jurisdiction of the English courts was "irrelevant."

  • January 19, 2024

    Law360 Names Firms Of The Year

    Eight law firms have earned spots as Law360's Firms of the Year, with 55 Practice Group of the Year awards among them, steering some of the largest deals of 2023 and securing high-profile litigation wins, including at the U.S. Supreme Court.

  • January 19, 2024

    Law360 Names Practice Groups Of The Year

    Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2023, which honor the attorney teams behind litigation wins and major deals that resonated throughout the legal industry this past year.

  • January 19, 2024

    Lima Takes Dispute Over Arbitrator Complaint To DC Circ.

    Peru's capital city of Lima is appealing a D.C. federal judge's order directing the city to turn over a criminal complaint it filed against arbitrators adjudicating claims against it related to a highway project and concession contract, maintaining that the judge issued the order before considering the city's immunity defenses.

  • January 19, 2024

    22-Year ICSID Vet Proposed To Succeed Retiring Kinnear

    World Bank Group President Ajay Banga has proposed that a 22-year veteran of the International Centre for Settlement of Investment Disputes replace Secretary-General Meg Kinnear when she steps down from her position later this year.

  • January 19, 2024

    Thales Looks To Halt Sale Of Avionics JV While Arb. Plays Out

    A New York federal judge Friday ordered defense contractor L3 Technologies to appear before him next month to defend itself in litigation filed by French aerospace firm Thales over the contested sale of L3's majority stake in the companies' aviation electronics joint venture.

  • January 19, 2024

    Winston & Strawn Dodges Sanctions In NC Pharma Fight

    A North Carolina pharmaceutical company's attempt to sanction a Polish drugmaker and its attorneys at Winston & Strawn LLP over allegedly duplicative litigation involving a consulting agreement that tanked is "misguided," a federal judge said in an order denying the request.

  • January 18, 2024

    RICO Suit In $92M Russian Award Feud May Be Trimmed

    Seven months after a Russian businessman convinced the U.S. Supreme Court to let him forge a path via U.S. civil racketeering law to try to enforce a $92 million arbitral award, a California federal judge has now teed up significant parts of his lawsuit for the chopping block.

  • January 18, 2024

    Chinese Co. Says Arbiter Failed To Disclose Pro-Amazon Past

    A Chinese third-party seller on Amazon has asked a New York federal judge to reconsider confirming an arbitration award favoring the retail giant after the online marketplace tossed it from the platform while freezing $50,000 in sales, saying new evidence shows partiality and misconduct by the arbitrator.

  • January 18, 2024

    SEC, US Trustee Object To Releases In Amyris' Ch. 11 Plan

    The U.S. Securities and Exchange Commission and the U.S. Trustee's Office have expressed new concerns about nonconsensual third-party releases in biotechnology company Amyris' Chapter 11 plan, arguing that such releases are only allowed in extraordinary circumstances that were not met by the debtor.

  • January 18, 2024

    Yelp Ends TM Suit Over Yelp.ai Domain Name After Settlement

    Crowd-sourced business review platform Yelp Inc. has voluntarily dismissed its trademark infringement suit against a California man accused of cybersquatting on a domain for Yelp's artificial intelligence product after settling out of court.

Expert Analysis

  • Don't Let Client Demands Erode Law Firm Autonomy

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    As clients increasingly impose requirements for attorney hiring and retention related to diversity and secondment, law firms must remember their ethical duties, as well as broader issues of lawyer development, culture and firm integrity, to maintain their independence while meaningfully responding to social changes, says Deborah Winokur at Cozen O'Connor.

  • Opinion

    Federal Judge's Amici Invitation Is A Good Idea, With Caveats

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    An Arkansas federal judge’s recent order — inviting amicus briefs in every civil case before him — has merit, but its implementation may raise practical questions about the role of junior attorneys, economic considerations and other issues, says Lawrence Ebner at the Atlantic Legal Foundation.

  • Fox Ex-Producer Case Is A Lesson In Joint Representation

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    A former Fox News producer's allegations that the network's lawyers pressured her to give misleading testimony in Fox's defamation battle with Dominion Voting Systems should remind lawyers representing a nonparty witness that the rules of joint representation apply, says Jared Marx at HWG.

  • Getting International Arbitration Ready For AI

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    As artificial intelligence systems make their way into international arbitration decision-making processes, arbitral institutions should evaluate the need for rules covering AI that can be adapted as technology continues to advance, say John Barkett and Ricardo Ampudia at Shook Hardy.

  • Opinion

    Stanford Law Protest Highlights Rise Of Incivility In Discourse

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    The recent Stanford Law School incident, where students disrupted a speech by U.S. Circuit Judge Kyle Duncan, should be a reminder to teach law students how to be effective advocates without endangering physical and mental health, says Nancy Rapoport at the University of Nevada.

  • Dispute Prevention Strategies To Halt Strife Before It Starts

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    With geopolitical turbulence presenting increased risks of business disputes amid court backlogs and ballooning costs, companies should consider building mechanisms for dispute prevention into newly established partnerships to constructively resolve conflicts before they do costly damage, say Ellen Waldman and Allen Waxman at the International Institute for Conflict Prevention and Resolution.

  • 5th Circ. Ruling Leaves Open Questions On FCPA Liability

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    In its recent revival of Foreign Corrupt Practice Act charges against two defendants in U.S. v. Rafoi, the Fifth Circuit avoided ruling on key issues addressed last year in a long-running Second Circuit case, thus creating open questions on secondary theories of FCPA liability, say attorneys at Debevoise.

  • Practical Skills Young Attorneys Must Master To Be Happier

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    For young lawyers, finding happiness on the job — with its competitive nature and high expectations for billable hours — is complicated, but three skills can help them gain confidence, reduce stress and demonstrate their professional value in ways they never imagined, says career counselor Susan Smith Blakely.

  • US Case May Open New Venue For Investor-State Disputes

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    A U.S. investor's novel arguments in a recently filed federal case against the government of Curaçao and St. Maarten, in which she argues that a 1957 treaty between the U.S. and The Netherlands provides jurisdiction, could open up new avenues for plaintiffs to sue foreign governments for alleged breaches of international law, say attorneys at Hogan Lovells.

  • ABA Opinion Should Help Clarify Which Ethics Rules Apply

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    A recent American Bar Association opinion provides key guidance on interpreting ABA Model Rule 8.5's notoriously complex choice-of-law analysis — and should help lawyers authorized to practice in multiple jurisdictions determine which jurisdiction's ethics rules govern their conduct, say attorneys at HWG.

  • 4 Ways To Reboot Your Firm's Stalled Diversity Program

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    Law firms that have failed to see real progress despite years of diversity initiatives can move forward by committing to tackle four often-taboo obstacles that hinder diversity, equity and inclusion efforts, says Steph Maher at Jaffe.

  • DOJ's Google Sanctions Motion Shows Risks Of Auto-Deletion

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    The U.S. Department of Justice recently hit Google with a sanctions motion over its alleged failure to preserve relevant instant-messaging communications, a predicament that should be a wake-up call for counsel concerning the danger associated with automatic-deletion features and how it's been handled by the courts, say Oscar Shine and Emma Ashe at Selendy Gay.

  • Sanctions Enforcement Around The G-7: View From The US

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    The recent creation of the G-7 Enforcement Coordination Mechanism, to be chaired by the U.S. in its first year, signals that companies should prepare for increased enforcement of Russia sanctions and better coordination of such efforts among member nations, say attorneys at Baker McKenzie.

  • What To Expect From A Litigation Finance Industry Recession

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    There's little data on how litigation finance would fare in a recession, but a look at stakeholders' incentives suggests corporate demand for litigation finance would increase in a recessionary environment, while the number of funders could shrink, says Matthew Oxman at LexShares.

  • Combating Russia's Evolving Sanctions Evasion Efforts

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    As the war in Ukraine enters its second year, Russia and its oligarch class will continue their attempts to elude sanctions, and regulators from the U.S. and allied nations will keep searching for ways to beat them back, say Ian Herbert at Miller & Chevalier and Brad Dragoon at Charles River.

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