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Dresser-Rand B.V. v. Al Rushaid Petroleum Investment Company
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January 02, 2020
Siemens Unit Urges Court To Keep $43M Award Suit In Texas
A Siemens AG entity said that its regular activity in Texas supports its bid for a Lone Star federal court to enforce a $43.2 million arbitral award over a soured joint venture deal to build steam engines with a Saudi investment company.
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December 04, 2019
Texas Court Told $43M JV Award Suit Belongs In Saudi Arabia
A Saudi investment company is asking a Texas court to toss litigation filed by a Dutch affiliate of Siemens AG to enforce a $43.2 million arbitral award stemming from a soured joint venture deal to build steam turbines, saying the dispute has no place in the Lone Star State.