A D.C. federal judge has ordered the country of Georgia to pay Enka Renewables LLC nearly $350 million plus interest, amid the country's bid to pause litigation to enforce an arbitral award after it halted a hydroelectric project.
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TOP NEWS

Georgia Ordered To Pay Enka $350M Plus Interest

By Aneeta Mathur-Ashton

A D.C. federal judge has ordered the country of Georgia to pay Enka Renewables LLC nearly $350 million plus interest, amid the country's bid to pause litigation to enforce an arbitral award after it halted a hydroelectric project.

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S. Korea Wins ICSID Annulment Decision In $196M Dispute

By Joyce Hanson

An ad hoc committee of the International Centre for Settlement of Investment Disputes has confirmed that the South Korean government is the victor in a 260 billion won ($196 million) arbitration award against a Chinese investor in a dispute over a forced real-estate share sale.

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Quinn Emanuel Ends Ex-Binance CEO Suit Over $1.5M Bill

By Caroline Simson

Quinn Emanuel has quietly dropped its lawsuit against former Binance CEO Changpeng Zhao, in which it asked a court in Washington, D.C., to enforce an arbitral award of nearly $1.5 million in unpaid attorney fees and other costs.

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COMMERCIAL

Allianz Affiliate Hit With Sanctions Over Data Spoliation

By Joyce Hanson

A New York federal court has sanctioned a Bermuda-based Allianz affiliate after a software vendor accidentally deleted pertinent data amid the insurer pursuing arbitration against a subsidiary of green energy company Enel SpA over a "proxy revenue swap" deal.

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Aetna Tells 5th Circ. DOL Can't Block Aramark Suit Arbitration

By Kellie Mejdrich

Aetna Life Insurance Co. urged the Fifth Circuit on Monday against the U.S. Department of Labor's argument that uniform company Aramark Services Inc.'s health claims dispute with the insurer should remain in court, arguing a Texas judge erred in declining to enforce the parties' binding arbitration agreement.

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LEGAL INDUSTRY

Big Biz Coalition Backs Litigation Funding Disclosure Rule

By Ryan Boysen

Big U.S. businesses and insurers like Amazon, Anthropic, Chubb and Walmart asked the federal judiciary on Monday to tighten disclosure requirements for litigation finance, claiming the lack of guardrails allows funders to operate "in the shadows."

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Indiana Atty Hit With $10K Sanction Over False Citations

By Andrea Keckley

An Indiana federal judge on Friday adopted a magistrate judge's recommendation to sanction a local attorney $10,000 after finding that five briefs in a consumer credit case included citations to nonexistent cases.

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Jackson Lewis Removes Ex-Atty's Bias Suit To Federal Court

By Patrick Hoff

Jackson Lewis PC has moved a former associate's suit accusing the firm of refusing to accommodate her temporary work restrictions following her medical leave to California federal court, saying state court wasn't the right venue for dispute.

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Bove Rejects Recusal Bid Tied To DOJ Whistleblower Claims

By Courtney Bublé

U.S. Circuit Judge Emil Bove declined Monday to recuse himself in a Third Circuit immigration case, saying the attorneys for the petitioner are "recycling a failed pre-confirmation political smear" on him.

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State Farm Attorney Sanctioned $999.99 For AI Hallucinations

By Jonathan Capriel

An attorney for State Farm who filed several motions citing nonexistent cases and fabricated quotes generated by AI software must pay a $999.99 sanction, a Los Angeles judge ruled, an amount one cent below the threshold that would have triggered a mandatory notice to the State Bar of California under state law.

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Brief

Ex-Moses & Singer Partner Gets 10 Months For Tax Crimes

By Craig Clough

A Connecticut federal judge Monday sentenced a former Moses & Singer LLP partner to 10 months of imprisonment and ordered him to pay more than $3.1 million for failing to file personal income tax returns, the U.S. attorney's office announced.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week saw disputes over allegedly fabricated board approvals at a telecom infrastructure startup, insider trading and child safety at Roblox Corp. and ownership of artificial intelligence technology used in legal proceedings.

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LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Akerman LLP

Cummins & White

Friedman Kaplan

Gibson Dunn

Gillam Smith

Hicks Thomas

Hodgson Russ

Jackson Lewis PC

King & Spalding

Lanier Law Firm

McKool Smith

Moses & Singer

Musick Peeler

Paganelli Law Group

Quinn Emanuel

Robbins LLP

Robinson & Cole

Skadden Arps

Thompson Hine

White & Case

Williams & Connolly

Yulchon LLC

Zhong Law

COMPANIES IN TODAY'S NEWS

Aetna Inc.

Amazon.com Inc.

American Arbitration Association

Anthropic PBC

Aramark

Atlas Energy LP

Binance Holdings Ltd.

CVS Health Corp.

ClearList LLC

Compass Minerals International, Inc.

Electric Reliability Council of Texas Inc.

Enel SpA

Experian PLC

International Centre for Settlement of Investment Disputes

International Legal Finance Association

Lawyers for Civil Justice

Rapport

Roblox Corp.

State Bar of California

State Farm Mutual Automobile Insurance Co.

Target Corp.

Tesla Inc.

The Cigna Group

Thomson Reuters Corp.

Toyota Motor Corp.

U.S. Chamber of Commerce

Walmart Inc.

Woori Bank

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Federal Reserve System

Government of India

International Chamber of Commerce

U.S. Attorney's Office for the District of Connecticut

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of Labor

U.S. District Court for the Central District of California

U.S. District Court for the District of Columbia

U.S. District Court for the District of Connecticut

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK Ministry of Justice

United States District Court for the Southern District of Indiana