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International Arbitration
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March 19, 2025
Swiss Investor Can't Revive $230M Czech Republic Claim
A Swiss company with failed plans to develop a Prague residential complex has lost its bid to revive a $230 million damages claim against the Czech Republic based on arguments that the arbitrators had not adequately considered the fallout after the company rebuffed a local official's bribe request.
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March 19, 2025
Bondholders Say $2B Venezuelan Bond Contracts Are Valid
The holders of approximately $2 billion in defaulted bonds issued by Venezuela's state-owned oil company Petr贸leos de Venezuela SA have urged a New York federal court to enforce their contracts with PDVSA, saying the country hasn't shown how its domestic law makes the bonds invalid.
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March 19, 2025
Plaintiffs Attys Fight Arbitration, While Imposing It On Clients
Plaintiffs attorney groups have for decades lobbied against forced arbitration, saying it strips injured consumers and aggrieved workers of their right to jury trial and hides corporate misconduct from public view. But many plaintiffs lawyers nationwide have subjected their own clients to forced arbitration in their retainer contracts 鈥 including leaders of some organizations that forbid the practice, Law360 has found.
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March 19, 2025
Norton Rose Continues Energy Growth With 4 Houston Attys
Norton Rose Fulbright announced the additions of four energy attorneys from Texas boutique Alvarez Stauffer Bremer PLLC on Wednesday, bringing complex commercial litigation and catastrophic incident response experience as the firm continues to build on its momentum in the energy market.
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March 19, 2025
Law360 Announces The Members Of Its 2025 Editorial Boards
Law360 is pleased to announce the formation of its 2025 Editorial Advisory Boards.
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March 18, 2025
Port Project Fight Belongs In Arbitration, 3rd Circ. Hears
An affiliate of Latin America-focused investment and asset management firm Notarc is urging the Third Circuit to send its dispute over control of a lucrative $1 billion port project near the Panama Canal to arbitration, saying a lower court mistakenly ruled the claims fell outside an underlying arbitration clause.
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March 18, 2025
Google, Apple Urge 9th Circ. To Reject Search Collusion Case
Google and Apple are urging the Ninth Circuit to reject an appeal from an advertiser seeking to revive a case accusing Google of paying Apple to stay out of the search market, arguing that a ruling in the government's search case against Google has nothing to do with the claims.
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March 18, 2025
PetroSaudi Says Feds' Suit Over $380M Award Must Proceed
A PetroSaudi unit is fighting the U.S. government's bid to stay its years-long suit to seize part of a $380 million arbitral award while criminal proceedings in Switzerland play out against the unit's former owner, telling a California federal court the move is a stall tactic.
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March 18, 2025
11th Circ. Upholds GE Arb. In Algerian Power Plant Lawsuit
An Eleventh Circuit panel on Tuesday affirmed a lower court's ruling forcing reinsurers of an Algerian power plant into arbitration over a $28 million turbine failure, saying the plant's owner ultimately benefited from the services contract between General Electric and the plant operator.
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March 17, 2025
Insurers Fight For Arbitration In La. Hurricane Damage Dispute
A group of insurers is urging the Fifth Circuit to send its dispute with a Louisiana municipality over coverage for property damage caused by a pair of Category 4 hurricanes to arbitration, despite an opposing ruling last fall by the state's top court.
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March 17, 2025
BYD Affiliate Beats Megaclaim Over N95 Mask Deal
A company with corporate ties to Chinese electric vehicle company BYD Co. Ltd. has fended off a megaclaim over a supply contract for personal protective equipment asserted by a Florida medical supply company that sought hundreds of millions of dollars in damages.
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March 17, 2025
Australian Miner Claims $42.7M Win In Congo Lithium Dispute
An Australian mining company says it has won a 鈧39.1 million ($42.7 million) award from the International Chamber of Commerce's arbitration court stemming from its ownership dispute with a Congolese majority state-owned lithium mining entity.
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March 17, 2025
DC Circ. Skeptical Of Killing $200M Toll Road Arbitration Award
The D.C. Circuit seemed to have its doubts Monday about the Peruvian city of Lima's argument that it should overturn the confirmation of a $200 million arbitral award over a failed toll road construction project because the lower court ignored its claim that the contract was acquired via bribe.
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March 17, 2025
Chevron Buys 5% Of Hess With 'Confidence' In Merger Close
Chevron Corp. disclosed Monday that it has purchased 4.99% of Hess Corp.'s outstanding common stock, a move that signals the oil giant's "continuing confidence" in completing its pending $53 billion acquisition of Hess despite ongoing arbitration challenges.
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March 14, 2025
Coal Co. Asks To Halt Hong Kong Arbitration In Shipping Row
A Pennsylvania coal company has urged a Virginia federal court to halt arbitration initiated in Hong Kong by a British shipping company over an onboard explosion during a shipment, saying it never agreed to arbitrate any disputes.
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March 14, 2025
Reed Smith To Fight Removal In $102M Shipping Award Suit
A New York federal judge has paused his order removing Reed Smith LLP as counsel for the former owners of reorganized international shipping group Eletson Holdings in litigation over a $102 million arbitral award while the BigLaw firm appeals the decision to the Second Circuit.
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March 14, 2025
Brookfield Hits Peru With $2.7B Arbitration Over Toll Roads
Brookfield Asset Management Inc. said it has initiated an international arbitration proceeding against Peru as the company seeks restitution of approximately $2.7 billion in damages over its operation of toll roads in the capital city of Lima.
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March 14, 2025
Docks Corp. Asks Justices To Revive Fla. Cruise Line Lawsuit
A Kentucky-based docks corporation has urged the U.S. Supreme Court to reverse a split Eleventh Circuit decision overturning a $440 million judgment against several cruise companies for allegedly "trafficking" its property seized by the Cuban government, arguing the ruling harms U.S. foreign policy toward the country's communist regime.
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March 14, 2025
Ex-Chelsea Director Scores FA Arbitration In Agent's Claim
A former director of Chelsea football club persuaded a London court on Friday that a football agent's claim over his commission arising from the transfer of French international player Kurt Zouma must be dealt with by the Football Association.
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March 13, 2025
Springer Nature Planning 'Bait-And-Switch,' Court Hears
Independent scientific journal publisher Pleiades Publishing is urging a New York federal court to bar Springer Nature from trying to use a "bait-and-switch" tactic with customers allegedly aimed at undermining Pleiades' reputation while the two companies arbitrate a dispute over a soured distribution deal.
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March 13, 2025
Chinese Fund Opposes Businessman's Bid To Pause Award
A Chinese investment fund has objected in California federal court to a businessman's bid to pause recognition of a $4.8 million foreign arbitral award against him, arguing that he lost his dispute in two venues and can't prevent execution of the judgment.
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March 13, 2025
Sister Sues To Enforce $28M Spanish Family Arb. Award
A sister has sued two brothers in Miami-Dade County state civil court to enforce an approximately $28 million arbitral award over assets and property in Florida, Spain and the Dominican Republic, saying they tried to cut her out of a family agreement signed by their mother.
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March 13, 2025
Stifel Owes $132.5M Over Structured Notes, FINRA Panel Says
Broker-dealer Stifel Nicolaus & Co. Inc. owes a family more than $132.5 million in a Financial Industry Regulatory Authority arbitration stemming from allegations their accounts were overinvested in structured notes.
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March 13, 2025
Meta Blocks Ex-Exec From Promoting Tell-All Memoir
An international arbitrator issued an emergency ruling Wednesday blocking former Meta executive Sarah Wynn-Williams from promoting her recently released tell-all memoir "Careless People: A Cautionary Tale of Power, Greed and Lost Idealism," finding that Meta has shown it'll likely win its nondisparagement claim against the author.
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March 12, 2025
European Commission Wants DC Court To Ax $84M ECT Suit
The European Commission has urged a D.C. federal court to toss an investor's suit against Spain to enforce an approximately 鈧77 million ($84 million) arbitral award under the Energy Charter Treaty as the country plans to ask the U.S. Supreme Court to review a related case.
Expert Analysis
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How To Grow Marketing, Biz Dev Teams In A Tight Market
Faced with fierce competition and rising operating costs, firms are feeling the pressure to build a well-oiled marketing and business development team that supports strategic priorities, but they鈥檒l need to be flexible and creative given a tight talent market, says Ben Curle at Ambition.
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Indian Top Court Arb. Ruling May Be Anomaly, Not New Path
While the Indian Supreme Court's recent Delhi Metro decision invalidating an arbitral award could be viewed as a troubling departure from the country's efforts to position itself as an attractive arbitral seat, it may also be nothing more than an unexpected detour due to the underlying facts, say J.P. Duffy and Niyati Ahuja at Reed Smith.
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Series
Rock Climbing Makes Me A Better Lawyer
Rock climbing requires problem-solving, focus, risk management and resilience, skills that are also invaluable assets in my role as a finance lawyer, says Mei Zhang at聽Haynes and Boone.
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Think Like A Lawyer: Dance The Legal Standard Two-Step
From rookie brief writers to Chief Justice John Roberts, lawyers should master the legal standard two-step 鈥 framing the governing standard at the outset, and clarifying why they meet that standard 鈥 which has benefits for both the drafter and reader, says Luke Andrews聽at聽Poole Huffman.
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Series
Being A Luthier Makes Me A Better Lawyer
When I鈥檓 not working as an appellate lawyer, I spend my spare time building guitars 鈥 a craft known as luthiery 鈥 which has helped to enhance the discipline, patience and resilience needed to write better briefs, says Rob Carty at Nichols Brar.
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Lead Like 'Ted Lasso' By Embracing Cognitive Diversity
The Apple TV+ series 鈥淭ed Lasso鈥 aptly illustrates how embracing cognitive diversity can be a winning strategy for teams, providing a useful lesson for law firms, which can benefit significantly from fresh, diverse perspectives and collaborative problem-solving, says Paul Manuele at PR Manuele Consulting.
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Ambiguity Ruling Highlights Deference To Arbitral Process
A New York federal court鈥檚 recent ruling in Eletson v. Levona, which remanded an arbitral award for clarification, reflects that the ambiguity exception鈥檚 analysis is not static and may be applied even in cases where the award, when issued, was unambiguous, says arbitrator Myrna Barakat Friedman.
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EU Investor-State Dispute Transparency Rules: Key Points
The European Union's recent vote to embrace greater transparency for investor-state arbitration will make managing newly public information more complex for all parties in a dispute 鈥 so it is important for stakeholders to understand the risks and opportunities involved, say Philip Hall, Tara Flores and Charles McKeon at Thorndon Partners.
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25 Years Of OECD's Anti-Bribery Convention
Marking its 25th anniversary this year, the Organization for Economic Cooperation and Development's anti-bribery convention has advanced legislative reforms and reshaped corporate conduct in dozens of countries amid the persistent challenges of uneven enforcement and political pressure, say attorneys at Debevoise.
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Decoding Arbitral Disputes: Intra-EU Enforcement Trends
Hungary recently declared a distinct stance on the European Court of Justice's 2021 ruling in Moldavia v. Komstroy on intra-EU arbitration under the Energy Charter Treaty, highlighting a critical divergence in the bloc on enforcing investment awards and the complexities of balancing regional uniformity with international obligations, says Josep Galvez at 4-5 Gray's Inn.
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Opinion
Now More Than Ever, Lawyers Must Exhibit Professionalism
As society becomes increasingly fractured and workplace incivility is on the rise, attorneys must champion professionalism and lead by example, demonstrating how lawyers can respectfully disagree without being disagreeable, says Edward Casmere at Norton Rose.
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'Outsourcing' Ruling, 5 Years On: A Warning, Not A Watershed
A New York federal court鈥檚 2019 ruling in U.S. v. Connolly, holding that the government improperly outsourced an investigation to Deutsche Bank, has not undercut corporate cooperation incentives as feared 鈥 but companies should not completely ignore the lessons of the case, say Temidayo Aganga-Williams and Anna Nabutovsky at Selendy Gay.
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Series
Serving In The National Guard Makes Me A Better Lawyer
My ongoing military experience as a judge advocate general in the National Guard has shaped me as a person and a lawyer, teaching me the importance of embracing confidence, balance and teamwork in both my Army and civilian roles, says Danielle Aymond at聽Baker Donelson.
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A Midyear Forecast: Tailwinds Expected For Atty Hourly Rates
Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this growth shows no signs of slowing for the rest of 2024 and into next year, driven in part by the return of mergers and acquisitions and the widespread adoption of artificial intelligence, says Chuck Chandler at Valeo Partners.
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Opinion
States Should Loosen Law Firm Ownership Restrictions
Despite growing buzz, normalized nonlawyer ownership of law firms is a distant prospect, so the legal community should focus first on liberalizing state restrictions on attorney and firm purchases of practices, which would bolster succession planning and improve access to justice, says Michael Di Gennaro at The Law Practice Exchange.