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.
A $150 million reinsurance fight over Puerto Rico's damage from hurricanes Maria and Irma cannot be arbitrated without breaking the island's laws, the Puerto Rican insurer Integrand told a federal court Tuesday.
A Canadian ExxonMobil unit urged a Texas federal court to force three companies to arbitrate a contract dispute over rights in a Papua New Guinea petroleum retention license.
A Swiss energy infrastructure company with ties to the Russian government has threatened the European Union with an investor-state claim over regulations that may apply to its planned natural gas pipeline from Russia to Germany, a project in which it has invested billions of euros.
A Florida federal judge on Tuesday upheld a $2.25 million arbitration award against an affiliate of a Delaware-based private equity fund related to its $70 million sale of a Jamaican fuel distributor, ruling that the affiliate failed to prove that an arbitrator in the case was conflicted.
Asset management firm Black Diamond is asking the Second Circuit to overturn a New York federal court's decision to vacate a $37 million arbitral award relating to the distribution of a bankrupt borrower's assets after the judge found the arbitrators acted in "manifest disregard" of the law.