Mexico has urged the D.C. Circuit to overturn a lower court order instructing it to pay a $47 million arbitral award issued to a Canadian lender after Mexican courts failed to halt a purportedly fraudulent scheme that caused the cancellation of loans for three real estate development projects.
Posted: June 9, 2025, 10:29 pm
A D.C. federal judge on Monday ordered Venezuela to pay an arbitral award owed to a Barbadian oilfield investor now worth some $108 million, ruling in an apparently novel opinion that enforcing the award would not contravene the U.S. government's recognition of Caracas' interim government.
Posted: June 9, 2025, 9:25 pm
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.
Posted: June 9, 2025, 3:43 pm
Midsize New York-based firm Barton LLP announced on Friday that it has hired a Carlton Fields PA attorney, whose litigation experience includes leading a crimes against humanity case against a former head of state and establishing a new standard for franchisor tort immunity in the Florida Supreme Court, among other high-profile victories.
Posted: June 9, 2025, 3:10 pm
A New York federal judge has determined the government can proceed with an auction of a superyacht that once belonged to a sanctioned Russian billionaire, rejecting an argument that a potential sale would undercut the vessel's full value.
Posted: June 9, 2025, 2:28 pm
The U.S. Supreme Court's decision Thursday rejecting the Ninth Circuit's outlier interpretation of a jurisdictional question in a $1.3 billion arbitral award enforcement case came as no surprise to arbitration experts, who say they will nevertheless continue closely watching the case to see how outstanding issues are resolved.
Posted: June 6, 2025, 8:26 pm
California-based biotech firm Genentech Inc. has asked a D.C. federal court to recognize a $17.8 million arbitral award against Novartis Pharma AG stemming from a dispute over a licensing agreement for an eye medication.
Posted: June 6, 2025, 7:36 pm
Iraq has filed an appellate brief urging the D.C. Circuit to overturn a lower court ruling giving a Cypriot construction firm permission to enforce a nearly $120 million arbitral award it won in a dispute over a major port project.
Posted: June 6, 2025, 7:26 pm
A Federal Circuit panel on Friday wrestled with its authority to consider arbitration appeals dealing with patent law, with at least one judge appearing skeptical that it could consider Acorda Therapeutics Inc.'s bid to increase a $16.6 million award in a fight with Alkermes PLC over a multiple sclerosis drug.
Posted: June 6, 2025, 7:13 pm
Argentina has asked the D.C. Circuit to overturn a lower court decision ordering it to pay a $391 million arbitral award issued following a 15-year-old dispute over the renationalization of the country's state-owned airline.
Posted: June 6, 2025, 6:17 pm
Peru breached its U.S. trade agreement by imposing $417 million in penalties and interest on the unpaid royalties of an Arizona-based mining company's local operator, the company said while asking international arbiters to partially annul an award that it claimed mistakenly ignored the issue.
Posted: June 6, 2025, 5:05 pm
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.
Posted: June 6, 2025, 4:04 pm
An artificial intelligence company is suing a French technology business in California federal court over a more than $20 million deal giving it access to a platform that creates graphics content, accusing it of committing acts of bad faith "at every stage" of their relationship.
Posted: June 5, 2025, 10:07 pm
The Georgia unit of Chinese cryptocurrency mining business Bitmain Technologies Ltd. has asked a Texas federal judge to enforce an approximately $11.3 million arbitral award in a breach of contract dispute against a company that failed to appear at the arbitration hearing.
Posted: June 5, 2025, 8:22 pm
The U.S. Department of Justice is seeking 11 years in prison and a $2 million fine for a man who pled guilty to charges tied to the running of a cross-border used-car transport business, which prosecutors say used violence to keep competition at bay.
Posted: June 5, 2025, 7:11 pm
The German Federal Court of Justice recently issued a notable ruling that pushes the invalidation of intra-European Union bilateral investment treaty arbitration into the realm of stand-alone cost decisions, strengthening the EU's legal framework while increasing uncertainty for investors in the region, say attorneys at Linklaters.
Posted: June 5, 2025, 5:34 pm
Honduras has urged an international tribunal to dismiss arbitration claims two Guatemalan citizens lodged seeking roughly $160 million for broken agreements involving a solar plant, calling them "an abuse of the investor-state dispute settlement system."
Posted: June 5, 2025, 2:08 pm
After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.
Posted: June 5, 2025, 1:56 pm
The U.S. Supreme Court on Thursday overturned a Ninth Circuit decision refusing to enforce a $1.3 billion arbitral award issued to an Indian satellite communications company, ruling that the court's outlier interpretation of a jurisdictional question was incorrect.
Posted: June 5, 2025, 10:40 am
JPMorgan won its fight on Thursday to block VTB Bank from bringing a $156 million case in Russia over frozen funds, as a London court ruled that the Russian lender's claims were "vexatious and oppressive."
Posted: June 5, 2025, 8:57 am