Vale S.A. v. BSG Resources Limited

  1. June 05, 2019

    Vale Can't Enforce $1.2B Award In Mining Row, BSGR Says

    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.

  2. April 25, 2019

    Vale Sues To Confirm $2B Mining Award Against BSGR

    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.