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May 01, 2026
An Iowa district judge denied UBS Financial Services' bid to vacate an arbitration award granted by the Financial Industry Regulatory Authority Inc., telling the firm it must pay more than $23 million in compensatory damages and $69 million in punitive damages to several ex-UBS customers who said the firm advised them to short-sell electric car company Tesla Inc.'s stock.
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May 01, 2026
A Florida-headquartered power plant manufacturer and related entities targeted by an Ecuadorian utility in litigation over an alleged $110 million embezzlement scheme have asked a federal magistrate judge for a protective order to stop the public company from engaging in a "harassment" campaign of multiple subpoenas.
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May 01, 2026
As a fragile ceasefire holds in the Middle East, earlier bombing in indirectly affected countries in the region raises a question for which experts say there is little precedent: Can a government be held responsible for damage caused to a foreign investor's property by a third-party aggressor?
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May 01, 2026
Trading card customers who did not buy directly from Fanatics or their sports league partners are still victims of the companies' quest to monopolize the market, the buyers fighting to keep their lawsuit alive told a New York federal judge on Thursday.
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May 01, 2026
For most lawyers, getting to argue before the U.S. Supreme Court is a once-in-a-lifetime event, but for a select few, it's a common occurrence. Clement & Murphy PLLC name partner Paul Clement is one of those lawyers.
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April 30, 2026
An Arizona federal judge Wednesday greenlit racketeering and fraud claims asserted by an Austrian bank as it looks to enforce a nearly €4 million ($4.7 million) arbitral award against a Mexican company that is accused of misrepresenting facts to secure an underlying loan and then scattering its assets.
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April 30, 2026
Former shareholders of Eletson Holdings on Thursday joined with their ex-Eletson counsel at Reed Smith to ask a New York bankruptcy judge to dismiss a suit claiming they had schemed to seize control of Eletson assets in defiance of the company's Chapter 11 plan.
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April 30, 2026
It is not often that a Second Circuit ruling is hailed as "the greatest legal achievement in national history" by a country's president, but that's what happened after a team from Sullivan & Cromwell LLP persuaded the appellate panel to nix an $18 billion judgment against Argentina.
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April 29, 2026
Litigation funder Longford Capital is urging a Texas federal court to enforce a $32.3 million arbitral award issued after a patent monetization firm allegedly diverted its share of a settlement to an offshore bank account, calling the firm's allegations of arbitrator corruption and misconduct "baseless."
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April 29, 2026
Counsel for the oil giant Citgo has accused an affiliate of hedge fund Elliott Investment Management LP of improperly revealing and distorting its confidential information as the parties inch closer toward ending a long-running saga aimed at satisfying billions of dollars' worth of Venezuelan debt.
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April 29, 2026
A Mexico City firm has urged a New York federal court to enforce a roughly $25 million arbitral award it won against the Mexican state-owned utility, Comision Federal de Electricidad, following the failure of a power plant construction project in the state of Sonora.
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April 29, 2026
An investor who is owed about $124 million by Spain in an arbitration over revoked renewable energy incentives has won The Hague District Court's permission to seize the Cervantes Institute's headquarters in the Netherlands, saying the property will soon be auctioned.
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April 28, 2026
A U.K. Islamic relief charity has urged a New York federal judge to compel to confidential arbitration a lawsuit by a former U.S.-based partner that some of its members founded, claiming it is running a "smear campaign" against the charity due to political pressure from Congress.
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April 28, 2026
Deutsche Telekom AG has asked a D.C. federal judge to enforce a nearly $156 million arbitral award it won against India in a dispute over a scrapped satellite lease and telecommunications deal, opposing the country's arguments in favor of vacatur.
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April 28, 2026
Herbert Smith Freehills Kramer LLP on Tuesday announced the appointment of a partner who has been with the firm for over two decades as its new managing partner of digital legal delivery, its alternative legal services practice.
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April 27, 2026
Reed Smith LLP and two of its partners are facing a $262 million lawsuit in a long-running and bitter dispute over ownership of an international gas shipping company, as well as other issues that remain unresolved following the vacatur of an underlying $102 million arbitral award for fraud.
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April 27, 2026
The U.S. Supreme Court on Monday opted not to take up a petition asking it 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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April 27, 2026
The U.S. Supreme Court declined Monday to review the Second Circuit's finding that a Lebanese bank is subject to the personal jurisdiction of New York courts on claims over alleged assistance to Hezbollah by a bank it acquired, a case the Lebanese bank had argued raises due process questions.
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April 24, 2026
A French water treatment company petitioned a Washington, D.C., federal judge to enforce its 12-year-old, roughly $40 million arbitral award against Argentina in a dispute about the province of Mendoza, Argentina's implementation of service tariff increases during the country's financial crisis in the early 2000s.
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April 24, 2026
A European winemaker slammed attempts by a U.S. importer and its Akin Gump Strauss Hauer & Feld LLP attorneys to "recast a frivolous appeal as a good-faith effort," saying they should have to pay monetary sanctions for pursuing what the Ninth Circuit called a "self-indulgent" appeal of a valid arbitration award.
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April 24, 2026
One of Russia's largest oil companies has urged the D.C. Circuit to expedite its appeal of a lower court decision refusing to lift a stay order as PAO Tatneft looks to enforce a $173 million arbitral award against Ukraine, calling the order "checkmate with no way out."
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April 24, 2026
A New York federal judge has paused litigation filed by a Qatari pharmaceutical distributor and its chairman aimed at enforcing a nearly $100 million arbitral award against Saudi Arabia while a hearing is conducted in the kingdom's set-aside petition in England next week.
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April 24, 2026
The launch of the refund process for tariffs struck down by the U.S. Supreme Court marks the start of lengthy and multifaceted court battles as companies fight with consumers — and amongst themselves — about who gets a slice of the $166 billion pie, experts told Law360.
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April 24, 2026
China's largest bank can't avoid an Aon PLC subsidiary's suit seeking to hold the bank liable for its alleged role in a multibillion-dollar reinsurance fraud scheme, a New York state court ruled, allowing all but one negligence claim to move forward.
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April 23, 2026
The Eleventh Circuit affirmed much of an order compelling arbitration in the Cayman Islands of claims brought by a seaman who was injured aboard a luxury 288-foot yacht allegedly owned by billionaire and former Sears CEO Edward Lampert, saying its precedent on such matters remains good law.