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Law360: International Arbitration

Latest articles for: International Arbitration

Engineering company Dresser-Rand Co. urged a New York federal court Wednesday to order a subsidiary of Venezuela's state-owned oil company to pay $132.3 million owed under a defaulted bond, saying further delay will leave it at a disadvantage when trying to compete with other creditors.
Posted: May 28, 2020, 4:18 pm
The English courts need to determine whom the U.K. government formally recognizes as president of Venezuela before hearing any bid for forcing the release of €930 million ($1 billion) worth of the country's gold from the Bank of England's vaults, a London judge ruled Thursday.
Posted: May 28, 2020, 4:12 pm
London disputes law firm Signature Litigation LLP said Thursday it has snapped up the former head of the commercial disputes group at Freshfields Bruckhaus Deringer LLP as a new partner for its City office.
Posted: May 28, 2020, 11:56 am
The U.S. Department of State has found that Hong Kong is no longer autonomous from China and should not be treated as though it is, a decision that could have sweeping implications for U.S. trade and diplomacy in the region.
Posted: May 27, 2020, 8:31 pm
A British Virgin Islands-based investor in a tech company that was found to be secretly running malware in people's mobile phones has asked a California federal judge to block the company from depleting its U.S. bank accounts as it pursues arbitration in Hong Kong to recover a nearly $14 million investment.  
Posted: May 27, 2020, 8:15 pm
The Justice Department urged the U.S. Supreme Court to overturn a D.C. Circuit ruling that revived a long-simmering fight over Nazi Germany's purchase of $250 million in medieval art, which descendants of the Jewish art dealers involved say had been stolen.
Posted: May 27, 2020, 6:39 pm
A potential impediment to Crystallex's efforts to seize shares in Citgo's parent company to enforce a $1.2 billion arbitral award against Venezuela was removed after the U.S. Supreme Court rejected the case, but the Canadian miner's legal woes are still far from over.
Posted: May 27, 2020, 6:09 pm
History suggests that legal malpractice claims will rise following the current economic downturn, and while a certain percentage of the claims will be unavoidable, there are prophylactic steps that law firms can take, says John Johnson at Cozen O'Connor.
Posted: May 27, 2020, 5:28 pm
Citgo Petroleum Corp. has accused a Venezuelan-American businessman and his company of running a bribery scheme it says caused Citgo to overpay millions of dollars for transactions with its parent company, Petróleos de Venezuela SA.
Posted: May 27, 2020, 2:41 pm
A Kansas federal judge has confirmed a $7 million arbitral award issued against a U.S. fertilizer sourcing company and its foreign affiliate following a sales contract dispute with a Singapore fertilizer manufacturer.
Posted: May 26, 2020, 9:16 pm