Supreme Court Refuses To Hear Petition Challenging $48M ICC Award

Mealey's (December 11, 2017, 10:48 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Dec. 11 denied a petition for writ of certiorari filed by a group of mining entities, which challenged the issuance of a $48,053,462 arbitral award by the International Chamber of Commerce’s (ICC) International Court of Arbitration in favor of a group of Brazilian companies in a dispute related to the sale of pig iron (Amci Holdings Inc., et al. v. CBF Industria De Gusa S/A, et al., No. 17-481, U.S. Sup.)....