A Texas federal judge on Friday confirmed a $720 million arbitral award issued to Vantage Deepwater Co. following a dispute with Petrobras over a canceled drilling contract, rejecting arguments that the tribunal had failed to properly consider whether the contract was procured through bribery.
China’s state-run aerospace corporation again told the Fifth Circuit on Thursday to overturn the confirmation of a $70 million award over a soured joint venture, arguing that the prevailing companies' perspective would turn arbitrations into “sham proceedings.”
The Czech Republic has prevailed in arbitration over changes to renewable energy subsidies initiated by four European Union investors that claimed they were owed more than $21 million, after an international tribunal concluded those changes had been reasonable.
Greenpeace said Friday that it will receive €2.7 million ($3 million) from the Netherlands after the country settled its claims against Russia over Russia's seizure of the environmental group’s ship that was protesting at an offshore oil platform in the Arctic Ocean.
Individuals and businesses that orchestrate or are involved in cyberattacks, including by providing financial support to the main plotters, will be hit with EU-wide sanctions such as travel bans or asset freezes under a new enforcement regime launched by the European Council on Friday.
A London judge ordered two Moldovan oil and gas investors on Friday to hand over information about the source of their funds to the Republic of Kazakhstan, as the country seeks to establish who to pursue for costs.
A Chinese lighting company asked a California federal court Wednesday to confirm a nearly $14.5 million award against an American lighting distributor stemming from a dispute over unpaid invoices, saying there’s no reason to vacate the arbitrator’s findings.
Third-party litigation and arbitration funding has increasingly become an attractive destination for lawyers who’ve grown weary of the billable hour because it allows them to draw on their experience while challenging them to ensure a funded claim will be a good investment, said several people who have made the move.
Two days after expressing concerns about the "wealth factor" involved, the Second Circuit on Thursday rejected a Lebanese salesman and accused fraudster's emergency bid to be released on $20 million bond.
In a boost to Ashurst LLP’s Middle East oil and gas team, the firm has added a former White & Case LLP partner to its global projects practice based in Abu Dhabi.
The U.K.'s banking supervisor warned Thursday against Britain becoming a "rule-taker" after Brexit, stressing it was important for the country to shape its own rules for the financial services sector.
Texas-based McGinnis Lochridge has added an attorney from Washington, D.C., boutique Picard Kentz & Rowe LLP with experience guiding private and government clients through everything from trade issues to arbitration proceedings.
A New York federal judge on Tuesday barred an owner in a lucrative Mexican taxi meter company from attempting to oust its partner in the venture, though she declined to halt litigation in Mexico relating to the validity of an underlying arbitration agreement.
New research by the State University of New York at Buffalo found that investors who put their money into developing countries that offer investor-state dispute resolution are more likely to secure funding on favorable terms, making them more drawn to countries that offer investment protection.
The U.S. subsidiary of an Italian marine engineering and inspection company told a Louisiana federal court Tuesday that a dispute with a shipbuilder over a U.S. government ferry construction contract should not be remanded, saying the court has jurisdiction over the suit under the New York Convention.
The European Court of Justice found Wednesday that government money used to help electricity distributors offset the costs of choosing renewable sources gives renewable energy providers an edge in the market and could harm competition.
A 15-year World Trade Organization legal battle over aircraft subsidies entered a new phase Wednesday as the Trump administration heard testimony from Airbus, Boeing and scores of importers over its plans to impose retaliatory tariffs against European goods.
Singapore firm Drew & Napier LLC has reportedly scooped up Siraj Omar, current partner and head of dispute resolution at RPC's joint law venture in Singapore, along with his team of seven lawyers.
The European Commission on Tuesday provided a road map to modernize the multilateral Energy Charter Treaty, primarily by tightening the ways investors can challenge measures enacted by signatories relating to the regulation of energy.
The World Trade Organization panel tasked with overseeing Vietnam’s complaint over U.S. anti-dumping duties on imported frozen fish fillets intends to make a decision by early December, according to a Tuesday announcement.
In this monthly series, legal recruiting experts from Major Lindsey & Africa interview legal industry leaders about the increasingly competitive business environment. Here, Rod Osborne talks with Gary Tully, head of legal operations at Gilead Sciences.
My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.
Retired U.S. Supreme Court Justice John Paul Stevens' new book, "The Making of a Justice," is required reading for anyone interested in 20th and 21st century America, says Seventh Circuit Chief Judge Diane Wood.
If a client does not demand the application of project management techniques at the start of a matter, or a law firm does not routinely apply them, it is highly likely that additional, avoidable work — legal project management debt — will materialize throughout the matter, says Anthony Widdop of Shearman & Sterling.
Under the U.S.-Mexico-Canada Agreement, U.S. investors would lose the robust international law protections and dispute resolution mechanisms that they have relied on for years in the North American Free Trade Agreement, say Ian Laird and Melissa Morris of Crowell & Moring.
Science suggests that at least some jurors pay attention to less than 65% of the evidence during a trial due to "task-unrelated thoughts," but there are steps attorneys can take to present information in a more engaging, cognition-friendly fashion, say Dennis Stolle and Dennis Devine of Barnes & Thornburg.
Having worked at a boutique law firm, a crisis communications agency and in BigLaw, I have identified a number of common misconceptions across these disparate business models when it comes to crisis and litigation communications, says Robert Gemmill of Hogan Lovells.
In light of a New York federal court's recent decision in Benitez v. Lopez, which joins a growing body of case law denying forced disclosure of commercial litigation finance, Stephanie Spangler of Norris McLaughlin and Dai Wai Chin Feman of Parabellum Capital break down the arguments commonly raised for and against disclosure.
The Ninth Circuit's decision in Aspic Engineering v. ECC serves as a reminder that federal courts are willing to vacate arbitration awards when arbitrators use an abstract sense of fairness to override the terms of parties' agreements, say Allen Lanstra and Raza Rasheed of Skadden.
Given that a large swath of the legal profession may display some narcissistic tendencies, it is important for lawyers to know how to address the narcissist in the room — and it may be you, says Jennifer Gibbs of Zelle.