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Mealey's International Arbitration

  • August 16, 2019

    Bulk Transporter Asks For Confirmation Of $498,092.23 International Arbitration Award

    BIRMINGHAM, Ala. — An international transporter of bulk commodities petitioned an Alabama federal court on Aug. 13 to confirm and enforce a $498,092.23 international arbitration award against a coal provider (Mid-Atlantic Bulk Carriers Ltd. v. Z-Dust Group Inc., No. 19-01296, N.D. Ala.).

  • August 15, 2019

    ConocoPhillips Seeks Confirmation Of $54M Arbitration Award

    NEW YORK — ConocoPhillips Gulf of Paria B.V. (CGP) petitioned a New York federal court on Aug. 5 to confirm a $54 million final arbitration award regarding a dispute of an offshore oil project in Venezuela for the development of light and medium crude oil (ConocoPhillips Gulf of Paria B.V. v. Corporación Venezolana Del Petróleo, S.A., et al., S.D. N.Y., No. 19-7304).

  • August 13, 2019

    Casino Developers Fail To Prove Corruption Claim Against Laos Government

    SINGAPORE — A tribunal for the International Centre for Settlement of Investment Disputes (ICSID) on Aug. 6 released an award entered in favor of the Laos government in a dispute over the operations of a casino complex after determining that the casino complex developers failed to prove their claims of corruption, bribery and expropriation against the government (Lao Holdings N.V. v. Lao People's Democratic Republic, No. ARB[AF)/12/6], ICSID).

  • August 9, 2019

    Judge Dismisses Petition To Vacate Arbitral Award, Says U.S. Court Lacks Jurisdiction

    BRIDGEPORT, Conn. — A Connecticut federal judge on Aug. 5 dismissed a petition to vacate an arbitral award made in the United Kingdom after determining that the district court does not have jurisdiction, pursuant to the New York Convention, to vacate the award (Antoine Savine v. Interactive Brokers LLC, No. 18-1846, D. Conn., 2019 U.S. Dist. LEXIS 130264).

  • August 9, 2019

    10th Circuit Denies Bid For Stay Of $36.1M Arbitration Award

    DENVER — The 10th Circuit U.S. Court of Appeals on Aug. 6 declined to stay execution of a judgment that confirmed a $36.1 million arbitral award, finding that the appellants failed to show that the factors required for a stay weighed in their favor (Compañía de Inversiones Mercantiles S.A. v. Grupo Cementos de Chihuahua S.A.B. de C.V., et al., No. 19-1151, 10th Cir.).

  • August 8, 2019

    Award Confirmed In Favor Of Prada In Dispute Over Purchase Of Alligator Eggs

    MIAMI — A Florida federal judge on July 30 confirmed an Italian arbitral award in a dispute stemming from a purchase agreement for alligator hatchlings and eggs after determining that the company seeking to stay confirmation of the award did not offer any defenses to confirmation under the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (Caporicci U.S.A. Corp. v. Prada S.p.A, et al., No. 18-20859, S.D. Fla.).

  • August 8, 2019

    PCA Enters Cooperation Agreement With New York International Arbitration Center

    THE HAGUE, Netherlands — The Permanent Court of Arbitration (PCA) on July 31 announced that it entered into a cooperation agreement with the New York International Arbitration Center (NYIAC), effective July 1.

  • August 7, 2019

    Costa Rican Pineapple Seller Seeks High Court Review Of $29.2M Arbitration Award

    WASHINGTON, D.C. — A Costa Rican entity challenging a $29,290,440 arbitration award issued for Del Monte International GMBH in connection with a pineapple seed agreement filed a petition for a writ of certiorari in the U.S. Supreme Court on July 22 seeking a ruling on subject matter jurisdiction and grounds for vacatur under the Federal Arbitration Act (FAA) (Inversiones y Procesadora Tropical INPROTSA, S.A. v. Del Monte International GmbH, No. 19-117, U.S. Sup.).

  • August 6, 2019

    Texas Federal Judge Refuses To Enforce Oil Rights Arbitral Award Against Nonparty

    HOUSTON — A federal court in Texas doesn’t have subject matter jurisdiction to hear a case against Aramco Services Co. (ASC), the former subsidiary of a now-dissolved company that is allegedly bound by an $18 billion arbitration award related to oil rights for land in Saudi Arabia, because ASC was not part of the arbitration agreement, a judge ruled Aug. 2 (Waleed Bin Khalid Abu Al-Waleed Al-Qarqani, et al. v. Arabian American Oil Company, et al., No. 18-1807, S.D. Texas, 2019 U.S. Dist. LEXIS 129396).

  • August 5, 2019

    Federal Judges Rules On Jurisdiction Over Arbitration Award Against Uzbekistan

    WASHINGTON, D.C. — As long as service issues are resolved, a federal court in the District of Columbia has jurisdiction to hear a petition to confirm a more than $13 million arbitration award against the Republic of Uzbekistan, a District of Columbia federal judge ruled July 30 (Gretton Limited v. Republic of Uzbekistan, No. 18-1755, D. D.C., 2019 U.S. Dist. LEXIS 126279).

  • August 3, 2019

    Temporary Administrative Stay Granted In Arbitration Row Over Generators

    NEW YORK — A federal judge in New York on July 26 denied a motion to stay but granted a temporary administrative stay while the Second Circuit U.S. Court of Appeals considers the same motion in a case over an arbitrator’s determination following a dispute over gas generators made in China and sold in the United States (Smarter Tools Inc. v. Chongqing SENCI Import & Export Trade Co., et al., No. 18-2714, S.D. N.Y.).

  • July 29, 2019

    3rd Circuit Affirms Attachment Of Shares To Satisfy $1.2 Billion ICSID Award

    PHILADELPHIA — A Third Circuit U.S. Court of Appeals panel on July 29 upheld a trial court’s issuance of a writ of attachment on the shares of Delaware corporation found to be the alter ego of the Bolivarian Republic of Venezuela to satisfy a Canadian mining company’s $1.2 billion arbitral award (Crystallex International Corporation v. Bolivarian Republic of Venezuela, et al., Nos. 18-2797 & 18-3124, 3rd Cir.).

  • July 29, 2019

    ICSID Finds It Has Jurisdiction Over Casino Dispute Despite Omission Of Claimants

    TORONTO — The International Centre for the Settlement of Investment Disputes (ICSID) on July 19 held that under the North American Free Trade Agreement (NAFTA), the omission of 31 claimants in a 2014 notice of intent filed by shareholders in companies operating Mexican casinos that were later shuttered by the Mexican government did not deprive the tribunal of jurisdiction over those additional claimants (B-Mex, LLC and others v. United Mexican States, No. ARB(AF)/16/3, ICSID).

  • July 24, 2019

    Energy Company Seeks To Stay Enforcement Of $6.2M Interim Award

    JEFFERSON CITY, Mo. — An energy company on July 19 moved to stay the enforcement of a $6,233,909 arbitral award issued against it in London, arguing to a federal court in Missouri that it is an interim award in which the company was ordered to “pay now” and “argue later” (MTU Maintenance Berlin-Brandenburg Gmbh v. ProEnergy Services LLC, No. 2:19cv4118, W.D. Mo.).

  • July 24, 2019

    Dutch Music Festival Producer Opposes Confirmation Of $12.6M Award For DJ’s Fall

    LOS ANGELES — A Dutch music festival production company on July 15 filed an opposition asking the U.S. District Court for the Central District of California to refuse to confirm or enforce a nearly $12.6 million award by an American Arbitration Association International Centre for Dispute Resolution (ICDR) arbitrator for a DJ who was injured after falling through the stage during his performance (Matthias Paul, et al. v. Alda Events, B.V., No. 19-4280, C.D. Calif.).

  • July 23, 2019

    Bolivian Company Tells Panel To Deny Stay Without Supersedeas Bond

    SAN FRANCISCO — In a July 18 opposition brief, a Bolivian corporation urges the 10th Circuit U.S. Court of Appeals to reject a recent request to stay execution of a judgment that confirmed a $36.1 million arbitral award, citing a failure by two appellants to post a supersedeas bond (Compañía de Inversiones Mercantiles S.A. v. Grupo Cementos de Chihuahua S.A.B. de C.V., et al., No. 19-1151, 10th Cir.).

  • July 19, 2019

    Chevron Opposes A Response To Egyptian Criminal Ruling After Arbitration Award

    OAKLAND, Calif. — Heirs of two Saudi Arabian sheiks shouldn’t be permitted to respond to the submission of an Egyptian criminal court’s ruling against two arbitrators made by Chevron Corp. and Chevon U.S.A. Inc. (collectively, Chevron) in support of Chevron’s motion to dismiss the heirs’ attempt to collect on a nearly $18 billion award that was the result of what Chevron calls “sham” proceedings regarding Saudi oil fields, Chevron argues in a June 25 filing (Waleed Al Qarqani, et al. v. Chevron Corporation, et al., No. 18-3297, N.D. Calif.).

  • July 19, 2019

    Guernsey Entity Asks Court To Dismiss Petition To Confirm $2B Award

    NEW YORK — In a July 25 reply brief, a Guernsey resource company accuses a Brazilian entity of attacking its litigation history “in an attempt to color” a New York federal court’s view of a motion to dismiss a petition to confirm an approximately $2 billion arbitral award or to defer a decision until its action to set aside the award in England is resolved (Vale S.A. v. BSG Resources Limited, No. 19-cv-3619, S.D. N.Y.).

  • July 19, 2019

    Netherlands Entity: Court Should Not Dismiss Petition To Enforce $74M Award

    WASHINGTON, D.C. — The Kingdom of Spain’s motion to dismiss a petition seeking to enforce an approximately $74,271,750 international arbitral award “is baseless,” a Netherlands entity tells a District of Columbia federal court in a June 24 opposition, arguing that the United States is bound by treaty to enforce the award (Masdar Solar & Wind Cooperatief U.A. v. Kingdom of Spain, No. 18-02254, D. D.C.).

  • July 17, 2019

    $8.65M Loss Suffered In Dispute With Reinsurer, Norwegian Insurer Says

    OSLO, Norway — A Norwegian insurer sustained a $8.65 million loss in an arbitration dispute with its reinsurer over claims related to a 2017 fire in London, according to a July 10 filing.