$1.2B Award Against Mining Co. Must Be Enforced

Law360 (September 23, 2019, 6:54 PM EDT) -- An Israeli billionaire’s mining company has failed to convince an English judge to nix an order enforcing a nearly $1.25 billion arbitral award issued to its former joint venture partner following a dispute over a stymied Guinean mining project.

English High Court Judge Clare Moulder concluded in an order Friday that there was no reason to set aside the enforcement order or temporarily block Brazilian mining company Vale SA from enforcing the award while billionaire Beny Steinmetz’s BSG Resources Ltd. pursues litigation to have the award annulled. The judge said the latter company's case against the award wasn't strong enough.

Nor was...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!