Luxembourg-based steel pipe and tube supplier Tenaris SA urged a D.C. federal court Tuesday to enter default judgment against Venezuela in an action to confirm a nearly $234 million arbitral award issued after the country nationalized parts of its iron and steel sector.
A Hong Kong court has nixed an appeal relating to whether a dispute over a debt of more than $30 million to a Singapore petroleum wholesaler belongs in arbitration, saying a reference to a nonexistent arbitration clause in an underlying contract had been mistakenly included in an updated version of the deal.
The former owners and executives of a California-based electronics manufacturing service provider have urged a federal court to force the Indian buyer of their company to arbitrate its $5 million lawsuit accusing them of fraudulently misrepresenting the company's value.
A Georgia pension fund said that the billion-dollar 1Malaysia Development Bhd. fraud scheme was "only made possible" by a slate of current and former Goldman Sachs directors that repeatedly ignored its duties to the bank.
A U.S.-based payment systems company has urged a New York federal court to issue an injunction barring its Chilean distributor from pursuing litigation in the South American country, claiming that any dispute between the companies must be handled in arbitration.
A D.C. federal judge has entered final judgment against Guatemala in a dispute over electricity rates, ruling that the country must pay more than $35.4 million to U.S.-based Teco Energy Inc., with the order coming one month after the court confirmed an arbitration award in favor of the company.
The government of Pakistan has settled an $846 million dispute with a Turkish energy company stemming from a soured rental power project that the country claimed was tainted by corruption.
A Texas federal judge allowed several lenders, including the Norwegian government, to intervene in an enforcement action against two shipping companies, allowing the lenders to seek the more than $266 million they claim to be owed by the shippers.
Nearly three dozen governments called for the immediate restoration of the World Trade Organization's Appellate Body at a summit hosted by China on Tuesday, upping pressure on the Trump administration to allow for the appointment of new trade judges in Geneva.
Supervision of the insurance industry will focus in the coming years on cybercrime, environmental threats and risks associated with big data and digital technology, Europe's top watchdog for the sector has said.
A California federal judge confirmed a $12.6 million arbitral award issued to a German DJ who fell through a hole in the stage at a 2016 festival in the Netherlands, telling a Dutch concert promoter that it must pay both the man and his company.
Glassmaker Owens-Illinois Inc. can move ahead with enforcing a more than $400 million arbitral award against Venezuela, after a D.C. federal judge reasoned that it may take years for the country to emerge from an ongoing political and economic crisis.
Sen. Ted Cruz, R-Texas, is pushing for the removal of language in the U.S.-Mexico-Canada Agreement and other pending trade deals that provides technology companies with immunity for third-party content, saying the companies are censoring conservative voices.
President Donald Trump is mere days away from deciding whether to set tariffs on imported cars and auto parts in the name of national security, marking the culmination of a heated policy debate that has pushed the boundaries of the administration's aggressive trade enforcement strategy.
A group of Venezuela's creditors on Monday decried litigation seeking to invalidate Venezuelan government bonds due to mature next year after the crisis-stricken nation's state oil company missed a critical $913 million payment, telling a New York federal court the suit "stand[s] in stark contrast" to its promise to refinance the debt.
The financial regulator must prevent investment firms from misleading the growing number of socially conscious investors by funneling their money into tobacco, alcohol and gambling companies, a wealth manager said Monday.
A luxury Casablanca, Morocco, hotel issued a subpoena Friday in Delaware federal court to Starman Hotel Holdings LLC, as the hotel seeks documents including emails and spreadsheets to enforce its $60 million arbitral win in a contract dispute with the hospitality management company.
A Florida federal judge on Friday granted a Brazilian energy trading company's application to issue subpoenas to two U.S.-based executives for documents relevant to a pending arbitration in São Paulo.
Russian firm Rybalkin Gortsunyan & Partners has gained a former Dechert LLP attorney with experience advising and representing a range of clients in international arbitration proceedings at various tribunals.
The European Union's insurance regulator said on Thursday that French authorities have rejected its recommendation that EU countries carry over cross-border insurance contracts after Britain leaves the EU, a move experts say could put the retirement income of U.K. expats in France at risk.
China can hit more than $3.5 billion worth of U.S. goods with new trade sanctions as retaliation for U.S. restrictions on Chinese furniture, solar panels and steel products that the World Trade Organization has deemed illegal, an arbitration panel ruled Friday.
Lloyd's of London underwriters and other insurers have asked a Florida federal court to deny a real estate investment trust's bid for attorney fees after closing out the REIT's lawsuit over a $20.6 million insurance claim, saying an arbitration panel should decide fees.
A Canadian mining company has been awarded more than $40 million in a dispute with Kazakhstan stemming from the company's investment in a uranium-processing facility — an award the central Asian nation noted fell far short of the $1.9 billion the company had sought.
A WTO dispute settlement panel ruled Thursday that India violated international trade rules with its extensive regime of export subsidies.
Gazprom's Dallas-based oil and gas reserves auditor told a Texas federal court that Ukraine's state-owned oil and gas company, Naftogaz, should not be allowed to seek documents from it for use in litigation to enforce a $2.56 billion arbitral award against the Russian natural gas giant.
The U.K. Commercial Court's recent decision on arbitration jurisdiction in Minister of Finance v. International Petroleum Investment makes clear that the court will not unnecessarily interfere with arbitration proceedings, but it will be ready to intervene where appropriate, say Ioannis Alexopoulos and Nikoletta Beneki of Signature Litigation.
Although there continue to be corporate clients who are seduced by the idea that cheapest is always best when it comes to outside counsel, there are many negative implications on service delivery that result from myopically focusing only on cost reduction at the expense of quality and innovation, says Keith Maziarek at Katten Muchin.
As demonstrated by the California bar proposal to allow nonlawyers to invest in law firms, we can change the legal ethics rules in a way that protects clients while permitting firms to innovate and serve clients better, say Todd Richheimer of Lawfty and Peter Joy of Washington University Law School.
A timely new book, “Raising the Bar: Diversifying Big Law," is one of the first honest assessments of the challenging battleground for people of color at large law firms, and I hope that firm management committee members read it, says U.S. District Judge Rubén Castillo of the Northern District of Illinois.
Although contract attorneys represent a quality source of legal work, inaccurate assumptions cause many legal departments and law firms to hesitate when considering them, say Matthew Weaver and Shannon Murphy of Major Lindsey.
The U.S. Supreme Court's opinions this term in Henry Schein and Lamps Plus remind us of the fundamental difference between arbitration and litigation. Yet, as a commercial litigator who serves as a neutral arbitrator, I have observed that experienced litigators often fail to adapt their approach in arbitration, says Paula Litt at Honigman.
While Kelly Corrigan's popular book, "Tell Me More: Stories About the 12 Hardest Things I’m Learning to Say," focuses on simple words or phrases that individuals can use to improve their personal lives, attorneys can utilize Corrigan's advice for professional benefit, says Karen Ross of Tucker Ellis.
The International Center for Settlement of Investment Disputes' proposed dispute resolution amendments include rules on third-party funding — contributing to the growing trend that has permitted the development of third-party funding to facilitate access to justice for disputing parties in international arbitration, says José Antonio Rivas of Vannin Capital.
As electronic data demands on federal courts continue to increase, it may be time to consider whether the courts should establish an office that could be staffed with technical experts familiar with electronic discovery issues, says Douglas Smith of Kirkland.
Rothschild Barry's John Coffey, who joined Justice John Paul Stevens' law firm in 1965, shares what it was like to watch Justice Stevens practice law, mentor younger lawyers and land a malfunctioning plane.
The Court of Arbitration for Sport’s reversal last week of the International Olympic Committee's 2017 lifetime Olympic ban of the Russian minister of sport revealed deep flaws in the IOC's process of disciplining individuals for alleged state-sponsored doping by Russian athletes, says Ronald Katz at GCA Law Partners.
While there is discussion in some quarters about new regulations on commercial legal finance, the hands-off approach taken by the majority of courts and legislatures is an implicit recognition that it is already sufficiently regulated, says Danielle Cutrona of Burford Capital.
The administrative record is very important to federal agency litigation — as showcased in last month's U.S. Supreme Court decision concerning the addition of a citizenship question to the 2020 census — yet there is no set of consistent principles to guide agencies in compiling these official records, say attorneys at WilmerHale.
Since 32 of the 67 decisions issued by the U.S. Supreme Court during its October term cite dictionaries, it’s worth reviewing the opinions to learn which dictionaries the justices consulted and how they used them, say Bruce Wessel and Brian Weissenberg of Irell & Manella.
Although the rate of employment for law school graduates — which had been falling steadily — saw a small increase over the last year, other factors, such as fewer graduates overall and potential future job growth stagnation, temper the good news for those pursuing law degrees, say Tiffane Cochran and Tyler Grimm of AccessLex Institute.