International Arbitration

  • August 08, 2024

    11th Circ. Affirms OK Of $188M Award Against Venezuelan Co.

    The Eleventh Circuit on Thursday enforced a $188 million arbitral award issued to a British Virgin Islands commodities firm, ruling in a published opinion that a Venezuelan state-owned mining firm's corruption arguments wrongly took aim at an underlying contract, rather than the award itself.

  • August 08, 2024

    Dairy Farm Investor Fights For €77.5M Claim Against Serbia

    A dairy farm investor is arguing that an arbitral award wrongly ordered Serbia to pay him €14.5 million ($15.8 million) instead of the €77.5 million he sought after his shares in the company were expropriated, saying the tribunal failed to provide any reasoning for its damages calculation.

  • August 08, 2024

    Ghana Must Pay $111M In Power Plant Fight, Court Rules

    A D.C. federal judge has issued a default judgment against Ghana for more than $111 million left unpaid on an arbitral award issued by a London tribunal over the country's breach of a power plant operating deal with a subsidiary of commodities giant Trafigura.

  • August 08, 2024

    Rising Star: Crowell & Moring's Randa Adra

    Randa Adra of Crowell & Moring LLP helped lead a $1.7 billion arbitration between an Egyptian state agency and Damietta International Port Co., playing a significant role in the infrastructure dispute involving complex financial and engineering issues and landing her among the international arbitration attorneys under age 40 honored by Law360 as Rising Stars.

  • August 07, 2024

    Investor Asks Justices To Overturn $5.7M Arb. Award Ruling

    An investor who put money into an unsuccessful business looking to revolutionize the chemical manufacturing industry urged the U.S. Supreme Court Wednesday to overturn a split Ninth Circuit decision enforcing a $5.7 million arbitration award in favor of that business' founders, arguing the award should never have been issued.

  • August 07, 2024

    3 International Arbitration Trends To Watch: A Midyear Report

    As 2024 comes to a close, savvy international arbitration practitioners will be watching a trio of trends: the rise of environmental-related disputes, an ongoing conversation about the use of artificial intelligence in international arbitration, and the continuing evolution of arbitral rules.

  • August 07, 2024

    Fla. Bank Shareholders Lose Bid To Stop Recapitalization Deal

    A Florida federal judge has denied a post-trial bid by Eastern National Bank NA shareholders to halt a recapitalization deal and stop the bank's board from implementing an equity compensation plan following claims that the bank didn't have proper authorization from the U.S. government to implement the plan.

  • August 07, 2024

    Rising Star: King & Spalding's Agnès Bizard

    Agnès Bizard of King & Spalding LLP successfully convinced the Paris Court of Appeal that an arbitral tribunal erred in concluding it could not hear a $4 billion investment arbitration against Uruguay over an iron ore mining project, earning Bizard a spot among the international arbitration law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 06, 2024

    Iraqi Kurdish Gov't Looks To Nix $490M Debt Suit

    The Kurdistan Regional Government of Iraq urged a New York court Monday to toss litigation to enforce a $490 million judgment issued in a dispute over a loan to a Kurdish mobile phone operator, saying an international arbitration tribunal has confirmed that the debt no longer exists.

  • August 06, 2024

    DC Circ. Rules Russia Is Immune From Suit Over Jewish Texts

    The D.C. Circuit ruled Tuesday that the federal court never had jurisdiction over a Jewish group's decades-old allegations that Russia is illegally holding on to its long-lost sacred texts, finding that the country has sovereign immunity and voiding nearly $200 million in fines levied against Russia.

  • August 06, 2024

    Norwegian Telecom Co. Hits Chile With Claim At ICSID

    A Norwegian telecommunications investment firm has made good on its threat to hit Chile with an investor-state claim at the International Centre for Settlement of Investment Disputes over actions the country allegedly took to jeopardize a high-speed telecom project.

  • August 06, 2024

    Rising Star: Jones Day's Claire Pauly

    Claire Pauly of Jones Day acted as lead counsel in a preliminary phase of a construction company's arbitration against a major French energy producer, convincing an international tribunal to toss the bulk of the billion-dollar claim and earning her a spot among the international arbitration attorneys under age 40 honored by Law360 as Rising Stars.

  • August 05, 2024

    Nondisclosure Led To 'Apparent Bias' In Nigeria Oil Case

    A London court has ordered a tribunal to reconsider an arbitral award issued in a $2 billion case over a funding deal for Nigerian oil fields, ruling that a since-replaced arbitrator had wrongly failed to reveal the total extent of her relationship with Freshfields Bruckhaus Deringer LLP.

  • August 05, 2024

    Ivory Coast Can't Enforce $12M Award In Fla., Oil Co. Says

    A Nigerian oil company sued by the Ivory Coast to enforce a $12 million arbitration award over a distribution joint venture has told a Florida federal court that the lawsuit must be dropped, saying the oil company has no ties to the Sunshine State.

  • August 05, 2024

    McCarthy Tétrault Can't Prove Need For Partner Redundancy

    A disputes partner at McCarthy Tétrault LLP has won his redundancy claim against the firm after it failed to convince an employment tribunal that it had to let him go because of diminishing arbitration and litigation work in its London office.

  • August 05, 2024

    Rising Star: Gibson Dunn's Charline Yim

    Gibson Dunn & Crutcher LLP's Charline Yim helped rapper Jay-Z's SCLiquor LLC settle its dispute with Bacardi over the value of their joint cognac venture, earning her a spot among the international arbitration law practitioners under age 40 honored by Law360 as Rising Stars.

  • August 02, 2024

    Judge Won't Enforce $330M In Defaulted Venezuelan Bonds

    A New York federal judge on Thursday declined to enforce some $330 million in defaulted bonds issued by Venezuela's state-owned oil company, relying on a rarely invoked state ban on champerty that prohibits claims brought by entities that acquire a debt solely to pursue enforcement litigation.

  • August 02, 2024

    S. Korea Loses Bid To Set Aside $48.5M Hedge Fund Award

    A London court has upheld a $48.5 million arbitral award favoring hedge fund Elliott Associates LP against South Korea in a dispute over a government bribery scandal that allegedly underpinned the $8 billion merger of two Samsung affiliates in 2015.

  • August 02, 2024

    8th Circ. Says Mining Co. Can't Escape Peruvians' Claims

    The Eighth Circuit refused to overturn a ruling greenlighting litigation filed by more than 1,400 Peruvian nationals against U.S. billionaire Ira Rennert and his holding company The Renco Group seeking to hold them liable for alleged lead poisoning tied to a smelting and refining complex in rural Peru.

  • August 02, 2024

    Akin Debuts AI Law & Regulation Info Tracker

    Global BigLaw firm Akin Gump Strauss Hauer & Feld LLP launched a tracker to help monitor changing policies related to artificial intelligence in various fields including intellectual property, data privacy, health and national security.

  • August 02, 2024

    Off The Bench: NFL Reversal, Drone Spying, UFC Deal Tossed

    In this week's Off The Bench, a bombshell ruling wipes out a $4.7 billion antitrust verdict against the NFL, Canada takes it on the chin for Olympic drone spying, and a nine-figure settlement to address UFC wage suppression is rejected.

  • August 02, 2024

    CORRECTED: Delay Sought In Citgo Auction

    A Delaware federal judge has appeared open to postponing to October an auction for Citgo Petroleum Corp.'s parent company, a proceeding aimed at satisfying billions of dollars in Venezuelan debt. Correction: A previous version of this article mischaracterized the nature of Judge Stark's order. The error has been corrected.

  • August 01, 2024

    Midyear Report: 4 International Arbitration Cases To Watch

    The latter half of 2024 is shaping up to be a busy one in international arbitration, as practitioners await decisions on the enforceability of intra-European Union arbitral awards in the U.S. and on whether Russia must face efforts to enforce $50 billion in arbitral awards against it, along with the culmination of a nearly decadelong fight to enforce a $1.2 billion arbitral award against Venezuela and ongoing efforts to enforce a massive $15 billion award against Malaysia.

  • August 01, 2024

    Air Canada Seeks To Confirm $25.6M Award Against Venezuela

    Air Canada has asked a D.C. federal judge to enforce an arbitration award against Venezuela now valued at $25.6 million based on a dispute over its operations in Caracas, saying a tribunal favored its claims in 2021, but the country has failed to pay the airline ever since.

  • August 01, 2024

    3rd Circ. Affirms Nix Of Discovery Ask On GM In Brazil Case

    A Delaware federal court didn't abuse its discretion by declining to begin discovery on General Motors to aid ongoing litigation in Brazil for a group that is entitled to receive dozens of car dealerships' tax credits from the early 1990s, the Third Circuit found.

Expert Analysis

  • Lean Into The 'Great Restoration' To Retain Legal Talent

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    As the “great resignation,” in which employees voluntarily left their jobs in droves, has largely dissipated, legal employers should now work toward the idea of a “great restoration,” adopting strategies to effectively hire, onboard and retain top legal talent, says Molly McGrath at Hiring & Empowering Solutions.

  • CPR Proposal Affirms The Emphasis On Early Mediation

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    While the recent proposal to incorporate mandatory alternative dispute resolution into the Civil Procedure Rules following a 2023 appeal decision would not lead to seismic change, given current practice, it signals a shift in how litigation should be pursued toward out-of-court solutions, say Heather Welham and Cyra Roshan at Foot Anstey.

  • Abu Dhabi Ruling Hints At More Arbitration-Friendly Approach

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    The international and comparative rationale an Abu Dhabi onshore court used to decide that an arbitration agreement referencing a defunct arbitration center was still enforceable suggests that the UAE judiciary may be adopting a more flexible, pro-arbitration framework and stabilizing Dubai's arbitration landscape, say attorneys at Reed Smith.

  • Series

    Fishing Makes Me A Better Lawyer

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    Atop the list of ways fishing makes me a better lawyer is the relief it offers from the chronic stress of a demanding caseload, but it has also improved my listening skills and patience, and has served as an exceptional setting for building earnest relationships, says Steven DeGeorge​​​​​​​ at Robinson Bradshaw.

  • A Healthier Legal Industry Starts With Emotional Intelligence

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    The legal profession has long been plagued by high rates of mental health issues, in part due to attorneys’ early training and broader societal stereotypes — but developing one’s emotional intelligence is one way to foster positive change, collectively and individually, says attorney Esperanza Franco.

  • To Make Your Legal Writing Clear, Emulate A Master Chef

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    To deliver clear and effective written advocacy, lawyers should follow the model of a fine dining chef — seasoning a foundation of pure facts with punchy descriptors, spicing it up with analogies, refining the recipe and trimming the fat — thus catering to a sophisticated audience of decision-makers, says Reuben Guttman at Guttman Buschner.

  • Circuit Judge Writes An Opinion, AI Helps: What Now?

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    Last week's Eleventh Circuit opinion in Snell v. United Specialty Insurance, notable for a concurrence outlining the use of artificial intelligence to evaluate a term's common meaning, is hopefully the first step toward developing a coherent basis for the judiciary's generative AI use, says David Zaslowsky at Baker McKenzie.

  • 3 Recent Decisions To Note As Climate Litigation Heats Up

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    Three recent rulings on climate-related issues — from a New York federal court, a New York state court and an international tribunal, respectively — demonstrate both regulators' concern about climate change and the complexity of conflicting regulations in different jurisdictions, say J. Michael Showalter and Robert Middleton at ArentFox Schiff.

  • Perspectives

    Trauma-Informed Legal Approaches For Pro Bono Attorneys

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    As National Trauma Awareness Month ends, pro bono attorneys should nevertheless continue to acknowledge the mental and physical effects of trauma, allowing them to better represent clients, and protect themselves from compassion fatigue and burnout, say Katherine Cronin at Stinson and Katharine Manning at Blackbird.

  • 4 Arbitration Takeaways From High Court Coinbase Ruling

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    The U.S. Supreme Court's May 23 decision in Coinbase v. Suski, which provides clarity to parties faced with successive contracts containing conflicting dispute resolution provisions, has four practical impacts for contracting parties to consider, say Charles Schoenwetter and Eric Olson at Bowman and Brooke.

  • Series

    Playing Music Makes Me A Better Lawyer

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    My deep and passionate involvement in playing, writing and producing music equipped me with skills — like creativity, improvisation and problem-solving — that contribute to the success of my legal career, says attorney Kenneth Greene.

  • How Attys Can Avoid Pitfalls When Withdrawing From A Case

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    The Trump campaign's recent scuffle over its bid to replace its counsel in a pregnancy retaliation suit offers a chance to remind attorneys that many troubles inherent in withdrawing from a case can be mitigated or entirely avoided by communicating with clients openly and frequently, says Christopher Konneker at Orsinger Nelson.

  • Using A Children's Book Approach In Firm Marketing Content

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    From “The Giving Tree” to “Where the Wild Things Are,” most children’s books are easy to remember because they use simple words and numbers to tell stories with a human impact — a formula law firms should emulate in their marketing content to stay front of mind for potential clients, says Seema Desai Maglio at The Found Word.

  • 2nd Circ. Ruling Affirms NY Law's Creditor-Friendly Approach

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    The Second Circuit’s recent ruling in 245 Park Member v. HNA International provides creditors with some reason for optimism that debtors in New York may face rejection in court for aiming to keep creditors at arm’s length by transferring personal assets into an LLC, says Jeff Newton at Omni Bridgeway.

  • Series

    Being An EMT Makes Me A Better Lawyer

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    While some of my experiences as an emergency medical technician have been unusually painful and searing, the skills I’ve learned — such as triage, empathy and preparedness — are just as useful in my work as a restructuring lawyer, says Marshall Huebner at Davis Polk.

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