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December 23, 2025
A contractor on a stymied project to construct and operate an airport in a tourist-heavy region of Peru has won approval from a D.C. federal court for a $91 million default judgment against the country, which has ignored the contractor's petition to enforce an underlying arbitration award for more than a year.
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December 23, 2025
A Connecticut state judge has granted a temporary injunction blocking Deutsche Bank AG from pursuing a lawsuit against billionaire Alexander Vik and his daughter in Norway, and separately struck the Viks' claim for a broader injunction to prevent Deutsche Bank from suing them again over a judgment in an English court.
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December 23, 2025
A group of insurers pressed the Fifth Circuit on Monday to reconsider its decision nixing an arbitration order for a southern Louisiana town in a dispute over hurricane damage coverage, saying the opinion wrongly analyzes whether nonsignatories can enforce an international arbitration agreement.
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December 22, 2025
Delaware's justices threw the Court of Chancery in reverse big time last week, rescinding a decision by the state's chancellor that last year effectively canceled tech tycoon Elon Musk's multi-year, then-$56 billion stock-based compensation package. It was a decision that lit up the court's relatively low-key, pre-holiday wind-up. It also highlighted the endless, 3D tug of war over Delaware-chartered companies and the interests of boards, officers, controllers, stockholders and the corporate bar.
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December 22, 2025
Several major banks urged a Connecticut federal judge to toss a proposed class action alleging that for the past 30 years, they have been artificially inflating interest rates on variable-rate loans to consumers and small businesses, arguing the suit fails to plead evidence of a conspiracy among the banks.
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December 22, 2025
The Peruvian city of Lima is defending its bid to vacate a D.C. federal judge's ruling enforcing $200 million in arbitral awards over an alleged conflict involving Foley Hoag LLP, arguing that the firm initially "misled" the city about its connection to contractor and awardee Rutas de Lima SAC.
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December 22, 2025
Qatar National Bank pressed its case against the Bank of South Sudan's bid to avoid enforcement of a $1 billion arbitral award that found South Sudan defaulted on a $700 million loan agreement from its civil war era, arguing Friday that the Sudanese bank is seeking "an impermissible appeal of unfounded issues."
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December 22, 2025
A Quantum Biopharma investor has filed a proposed class action against several major Canadian banks, accusing them of running a spoofing scheme for years that artificially drove down Quantum's stock price — flooding exchanges with fake sell orders to mislead the market and buy shares at deflated prices, costing ordinary shareholders millions.
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December 19, 2025
A federal judge has agreed with energy infrastructure company Enbridge that Michigan cannot unilaterally shut down an international petroleum pipeline that crosses the Great Lakes, ruling that oversight of the pipeline falls to the federal government.
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December 19, 2025
Italian energy giant Eni is urging the U.S. Supreme Court to review a New York appellate court decision that it says "stretched the claim preclusion doctrine beyond all constitutional bounds," in a long-running and multifaceted dispute stemming from a deal over a billion-dollar Mississippi liquefied natural gas processing facility.
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December 19, 2025
This past week in London has seen the designer of an 88-facet diamond bring a copyright claim against a luxury watch retailer, collapsed firm Axiom Ince bring legal action against the solicitors' watchdog, and the Post Office hit with compensation claims from two former branch managers over their wrongful convictions during the Horizon information technology scandal.
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December 19, 2025
A London court ruled Friday that there is nothing unlawful about the U.K. amending a sanctions license that would block VTB Bank of Russia from recovering approximately £205 million ($274 million) in debts through the administration of its British subsidiary.
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December 19, 2025
Motorola has successfully reinstated a $136.3 million judgment that enforces a U.S. decision against a Chinese radio-maker for infringing its intellectual property rights, as an appeals court held on Friday that ongoing proceedings abroad were no reason to revoke the English decision.
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December 18, 2025
A New York appeals court on Thursday rejected a bid by Venezuela's state-owned oil company to find that service of a lawsuit over a roughly $62 million defaulted bond was insufficient under the Foreign Sovereign Immunities Act, ruling that the company had waived its right to be served in compliance with the act.
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December 18, 2025
The Second Circuit on Thursday backed a finding that the owner of "Baby Shark" trademarks, which won a default judgment against dozens of Chinese companies, didn't properly serve two of those businesses, saying an email didn't pass muster under the rules of the Hague Service Convention.
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December 18, 2025
Aetna cannot force food services company Aramark to arbitrate allegations the insurer cost it millions of dollars by approving shoddy health benefit claims, a split Fifth Circuit panel affirmed Thursday, saying the parties' agreement doesn't clearly delegate arbitrability to an arbitrator and the claims seek equitable, not legal, relief.
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December 18, 2025
A New York federal judge ordered the parent company of a Colombian coffee supplier to arbitrate a dispute over its soured relationship with the U.S. arm of a Swiss coffee merchant despite not signing an underlying arbitration agreement, ruling that the pact could be enforced based on an agency theory.
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December 18, 2025
EuroChem failed on Thursday to overturn an order for it to end legal proceedings in Russia brought against Italian industrial group Tecnimont SpA — including a judgment award worth more than $2 billion — in breach of an English arbitration agreement.
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December 17, 2025
The Third Circuit has concluded that Avis did not waive its right to arbitrate a long-running class action over traffic fines incurred during a rental with certain members of the class by continuing to litigate the dispute years after incorporating an arbitration clause in its rental agreement.
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December 17, 2025
Two Mauritian mining companies are urging the U.S. Supreme Court to resolve whether countries that agree to arbitrate an international dispute are also waiving their right to assert sovereign immunity in subsequent litigation to recognize a foreign judgment confirming an arbitral award.
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December 17, 2025
A Tenth Circuit panel on Wednesday reinstated a $2.9 million Financial Industry Regulatory Authority arbitration award against a financial adviser who allegedly undermined a firm she worked for, ruling that she waived any objections she had to arbitrating with the plaintiffs before FINRA.
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December 17, 2025
Federal circuit courts in 2025 strained under a crush of Trump administration lawsuits, as judges directed animated language at litigants and even their fellow judges. And while the president only added a handful of appellate jurists, they had outsize impacts on circuit benches as they joined the cadre of conservatives seated in his first term.
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December 16, 2025
Venezuela and its state-owned oil company pressed a D.C. federal court Monday to nix litigation aimed at enforcing a more than $351 million arbitral award owed to a pair of Spanish food distribution service investors via a French judgment, saying it has sovereign immunity.
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December 16, 2025
Levona Holdings Ltd. is pressing a Manhattan federal court to vacate what it calls a fraudulent $102 million arbitral award issued to international shipping company Eletson, arguing that new documents released under the crime-fraud exception show that the company and its prior attorneys at Reed Smith LLP lied during the arbitration.
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December 16, 2025
Success rates for parties challenging international arbitral awards remain low across multiple jurisdictions, including New York, according to a new report published by Reed Smith LLP that analyzes six years of data ending in 2024.