Split Delaware High Court Enjoins Oil Company’s 2nd Arbitration Over LNG Contract

Mealey's (November 20, 2020, 11:35 AM EST) -- WILMINGTON, Del. — A Delaware Supreme Court majority on Nov. 17 affirmed in part and reversed in part a Court of Chancery ruling, finding that all of the claims brought by an oil company in a second arbitration must be permanently enjoined as the claims constitute a collateral attack on an earlier arbitral award against it worth approximately $371 million (Gulf LNG Energy, LLC, et al. v. Eni USA Gas Marketing LLC, No. 22, 2020, Del. Sup., 2020 Del. LEXIS 380)....