June 05, 2019
Brazil's Vale SA can't enforce an over $1.2 billion arbitration award in the U.S. that's suspended in the country it came from, billionaire Beny Steinmetz's mining company has told a New York federal court, one day after seeking bankruptcy protection in the Empire State.
April 25, 2019
Brazilian mining company Vale SA has launched a more than $2 billion New York federal court suit seeking to confirm an arbitral award against former business partner BSG Resources Ltd. stemming from a Guinea iron ore project that was tainted by fraud.