December 17, 2015
A Texas federal judge on Wednesday paused a German institutional real estate investor's suit against oil field services giant Baker Hughes Inc. over a damaged $2.5 billion facility in favor of related arbitration in Germany, despite the fact that the investor never signed the relevant arbitration agreement.
December 08, 2015
A German institutional real estate investor on Monday urged a Texas federal judge to reject oil field services giant Baker Hughes Inc.'s bid to force arbitration of a spat over a damaged $2.5 billion facility, arguing that it is not bound by any contract with an arbitration clause.
September 23, 2015
Oil field services giant Baker Hughes has been slapped with a suit in Texas federal court claiming gas safety valves it sold around the world are defective and prone to rupture, as they allegedly did at a German underground gas storage facility worth $2.5 billion.