Vale S.A. v. BSG Resources Limited

  1. November 22, 2021

    Steinmetz Loses Round In $2.1B Award Feud With Vale

    A New York judge on Monday denied Beny Steinmetz's bid to skirt discovery requests as the Brazilian miner Vale looks to enforce a more than $2.1 billion arbitral award, saying the Israeli billionaire sat on his hands while the proper time to challenge the motion came and went.

  2. November 17, 2021

    Vale Says Billionaire's $2.2B Award-Dodging 'Defies Logic'

    Israeli billionaire Beny Steinmetz's attempt to dodge a $2.2 billion arbitration award "defies logic" and is in willful violation of a court order, Brazilian mining company Vale SA says.

  3. October 15, 2021

    Steinmetz Ordered To Honor Year-Old Discovery Request

    A New York federal judge granted Brazilian mining company Vale SA's request to compel discovery on Friday in its $2.2 billion arbitration award confirmation suit, three days after the company accused Israeli billionaire Beny Steinmetz of snubbing its 18-month-old discovery request related to his assets.

  4. October 13, 2021

    Vale Says Steinmetz Has Ignored Year-Old Discovery Request

    Brazilian mining company Vale SA told a New York federal judge that Israeli billionaire Beny Steinmetz has ignored an 18-month-old discovery request related to a $2.2 billion award confirmation suit and asked the judge for an order compelling a response.

  5. April 30, 2021

    Steinmetz Link To Failed Mining Project To Be Probed In NY

    A New York judge has agreed to consider additional arguments that Israeli billionaire Beny Steinmetz is the alter ego of a company that owes Brazilian miner Vale SA more than $2.17 billion following a dispute over an ill-fated Guinean mining project.

  6. December 09, 2020

    Vale Says Steinmetz On The Hook For $2.1B Award

    Brazilian mining company Vale SA is asking a New York federal court to force Beny Steinmetz to respond to its efforts to track down assets to enforce a $2.17 billion arbitral award over a doomed Guinean mining project, arguing Tuesday that the Israeli billionaire can't sit out the fight.

  7. March 05, 2020

    Brazilian Mining Co. Gets $1.2B Award OK'd In NY

    Brazilian mining company Vale SA saw its $1.2 billion arbitral award against the now-defunct mining company owned by Israeli billionaire Beny Steinmetz enforced in New York on Thursday, after the parties hammered out a deal over the potential proceeds of a related $10 billion lawsuit.

  8. December 09, 2019

    Brazil Mining Co. Says UK Ruling Supports $1.25B Award

    Brazilian mining company Vale SA has urged a New York federal court to enforce an arbitral award of more than $1.25 billion against billionaire Beny Steinmetz's mining company BSG Resources after an English court denied its challenge to the award.

  9. October 07, 2019

    Mining Co. Must Address UK Ruling In $1.2B Award Fight

    Israeli billionaire Beny Steinmetz's mining company may see a more than $1.25 billion arbitral award enforced against it in the U.S. if it fails to explain how its arguments against the proceeding aren't mooted by an English court's refusal to halt enforcement of the award in the U.K.

  10. June 20, 2019

    Vale Fights BSGR Bid To Pause Enforcement Of $1.2B Award

    Brazilian mining company Vale SA continued to push for confirmation of an over $1.2 billion arbitration award issued against billionaire Beny Steinmetz's mining company, telling a New York federal court that BSG Resources' bid to pause enforcement of the award was simply another delay tactic.