Del. Justices Say No Arbitration After First $372M Result

Law360 (November 18, 2020, 8:30 PM EST) -- The Delaware Supreme Court says Eni USA made an improper attempt to get another chance after being hit with a $372 million arbitration award in a dispute with Gulf LNG Energy LLC over an agreement involving a liquefied natural gas facility.

The court said Tuesday that the Court of Chancery had the power to halt a second round of arbitration claims by Eni USA Gas Marketing LLC and that the Court of Chancery should have blocked all – not some – of those claims. The court said the overall aim of the second arbitration was to find fault with the first round, which...

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