International Arbitration Law360 provides breaking news and analysis on international arbitration law. Coverage includes international arbitration proceedings, policy developments that affect international arbitration, and legal challenges to arbitration rulings.
Justice Saliann Scarpulla is taking over as the point person for international arbitration in the Supreme Court of the State of New York, telling Law360 on Friday that she’ll follow in her predecessor’s footsteps by “encouraging international arbitration work” into the court's Commercial Division.
Vantage Deepwater Co. has urged a federal court to halt Petrobras from transferring the proceeds of an upcoming $562 million sale of its Texas refinery outside the U.S. until the Brazilian company puts up security for an arbitral award worth some $720 million, which the Texas driller is trying to enforce.
Ashurst has nabbed an attorney from a Jakarta, Indonesia, law firm associated with Allen & Overy LLP, bolstering its Southeast Asia offerings with his experience working on renewable energy, oil and gas, and mining infrastructure projects and advising on related litigation and arbitration proceedings.
The last week has seen the European arm of a Japanese investment bank sue a Saudi billionaire, the former prime minister of Qatar face action involving a pricey mansion and a Swiss bank file claims against executives of a defunct business group being investigated by the U.K.'s fraud watchdog. Here, Law360 looks at those and other new claims in the U.K.
Russia unlawfully expropriated investments in Crimea held by Ukraine's largest commercial bank and the operator of a private airport following the country's 2014 takeover of the peninsula, an international tribunal has concluded, while leaving claims for damages totaling more than $1 billion for a later stage.