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Mealey's International Arbitration

  • June 21, 2018

    Judge Confirms $22M Award Issued In Dispute Over Panama Canal Lock Construction

    MIAMI — A Florida federal judge on June 18 refused to vacate an award issued pursuant to the International Chamber of Commerce’s (ICC) rules in a dispute over the construction of locks for the Panama Canal and granted a petition to confirm the $22 million award issued for a Panamanian entity that was created to operate the canal (Grupo Unidos Por El Canal, S.A., et al. v. Autoridad del Canal de Panama, No. 17-23996, S.D. Fla., 2018 U.S. Dist. LEXIS 102695).

  • June 21, 2018

    Federal Judge Confirms $5.4M Award Issued In Share Purchase Dispute

    LOS ANGELES — A California federal judge on June 18 granted a petition to confirm a $5,470,786.47 arbitral award issued by a tribunal in Shanghai, holding that the tribunal did not exceed the scope of the issues in the arbitration and that the award did not violate Chinese law (Liu Luwei et al v. Phyto Tech Corp., 2:18cv2174, C.D. Calif.). 

  • June 20, 2018

    English Court Holds Bank Can Freeze $22.6B In Kazakhstan’s Assets

    LONDON — An English appeals panel on June 19 denied an appeal filed by the Republic of Kazakhstan and its national bank, holding that the Bank of New York Mellon SA/NV can freeze $22.6 billion held in Kazakhstan’s national fund in relation to an attempt by investors to obtain payment of a $497,685,101 arbitral award (National Bank of Kazakhstan, et al. v. The Bank of New York Mellon SA/NV, No. [2018] EWCA 1390, England and Wales High, Comm.).

  • June 19, 2018

    Borrowers Allege Loan Servicer, Bank Improperly Charged Inspection Fees

    WASHINGTON, D.C. — A District of Columbia federal judge on June 11 issued an order requesting information from the U.S. Department of State on whether it has ever received a “verbal note” from the government of Romania that it will accept service only pursuant to the Hague Convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil and Commercial Matters (Hague Convention on Service) through diplomatic channels and not from another litigant (Ioan Micula, et al. v. Government of Romania, No. 17-cv-02332, D. D.C.).

  • June 19, 2018

    Federal Judge Refuses To Dismiss Petition To Confirm $48M ICC Award

    NEW YORK — A New York federal judge on June 15 refused to grant a motion filed by a group of mining entities to dismiss a petition to confirm a $48,053,462 arbitral award issued by the International Chamber of Commerce’s (ICC) International Court of Arbitration in favor of a group of Brazilian companies, holding that the companies sufficiently alleged that the entities were attempting to avoid their obligations under contract for the sale of pig iron by making sure a related entity was judgment proof (CBF Industria De Gusa S/A, et al. v. Amci Holdings Inc., et al., No. 13 Civ. 2581, S.D. N.Y., 2018 U.S. Dist. LEXIS 100781).

  • June 15, 2018

    Swedish Court Suspends $2.6B Award For Ukraine’s Gas Company

    STOCKHOLM, Sweden — Gazprom of Russia on June 15 announced that a Swedish court has granted its request to suspend the enforcement of a $2.6 billion arbitration award issued in a dispute over a contract for gas transit.

  • June 14, 2018

    COMMENTARY: Arbitration In Asia: One Belt, One Road

    By Brendan Reilly and Tim O’Shannassy

  • June 14, 2018

    COMMENTARY: U.S. Supreme Court’s Epic Systems Decision Holds That Employment Arbitration Agreements Barring Class Actions Are Lawful

    By Mark W. Lerner and Jonathan L. Shapiro

  • June 12, 2018

    Investors Ask D.C. Federal Court To Enforce $233M Award Issued Against Venezuela

    WASHINGTON, D.C. — Two companies from Portugal and Luxembourg on June 8 filed a petition in a District of Columbia federal court to confirm a $233,975,416 arbitral award issued in their favor and against the Bolivarian Republic of Venezuela by the International Centre for Settlement of Investment Disputes (ICSID) (Tenaris S.A, et al. v. Bolivarian Republic of Venezuela, No. 1:18-cv-01373, D. D.C.).

  • June 8, 2018

    Judge Refuses To Confirm Award Issued Against India In Natural Gas Dispute

    WASHINGTON, D.C. — A District of Columbia federal judge on June 7 refused to confirm a Malaysian arbitral award issued against the government of India and its Ministry of Petroleum and Natural Gas, finding that enforcing specific performance of a part of the award, which would require India to allow the company to regain access to a geographic block to determine the viability of a reserve of natural gas there, would violate U.S. public policy (Hardy Exploration & Production [India] Inc. v. Government of India, et al., No. 16-140, D. D.C., 2018 U.S. Dist. LEXIS 95965).

  • June 7, 2018

    Ghana Opposes Request For Leave To Attach Funds To Pay $11.75M Award

    WASHINGTON, D.C. — Ghana on June 5 filed its opposition in a District of Columbia federal court to a request made by two energy firms seeking an order allowing them to begin attachment and enforcement efforts to obtain payment of a $11.75 million international arbitral award, arguing that they are not authorized to begin attachment efforts and that they have not identified the specific assets they seek to attach (Balkan Energy Limited, et al. v. Ghana, No. 1:17-cv-00584, D. D.C.).

  • June 7, 2018

    Court Attaches Gazprom’s Assets For Payment Of $2.6B Swedish Award

    STOCKHOLM, Sweden — The national oil and gas company of Ukraine on June 5 said a Dutch court has granted its petition to attach the assets of a Russian gas company’s shares in its subsidiaries in an attempt to satisfy payment of a $2.6 billion arbitral award. 

  • June 5, 2018

    Judge Confirms $14M Award Issued In Dispute Over Shares In Ecuador Company

    MIAMI — After finding no basis for vacating a $14,829,243 arbitral award issued for an Australian environmental services firm, a Florida federal judge on May 23 confirmed the award and denied a motion to vacate filed by shareholders in an Ecuadorian engineering consulting services company (Cardno International Pty Ltd., et al. v. Carlos Diego Fernando, et al., No. 17-23964, S.D. Fla.).

  • June 5, 2018

    Foreign Service Was Proper Judge Holds, Confirms Chilean Arbitral Award

    MIAMI — After finding that an investor in a wine distribution company’s service in Brazil was proper and that no exceptions to enforcement of a Chilean arbitral award existed, a Florida federal judge on June 1 granted a Delaware company’s petition to confirm the award issued in its favor and against a shareholder in a dispute over a share purchase agreement (EGI-VSR, LLC v. Juan Carlos Celestino Coderch Mitjans, No. 15-20098, S.D. Fla., 2018 U.S. Dist. LEXIS 92714).

  • June 4, 2018

    Energy Community And Vienna Arbitration Center Reach Cooperation Agreement

    VIENNA — The Energy Community Secretariat’s Dispute Resolution Centre (EDRC) and the Vienna International Arbitral Centre (VIAC) announced June 2 that they have reached a cooperation agreement for dispute resolution.

  • June 1, 2018

    Gold Mining Company Seeks Confirmation Of $2.5M ICDR Award

    NEW YORK — A gold mining company on May 29 filed a petition in a New York federal court, seeking to confirm an arbitral award issued in its favor in relation to an agreement for ownership of companies with gold mining rights in Chile (Global Gold Corporation v. Amarant Mining Ltd., et al., No. 7:18-cv-04723, S.D. N.Y.).

  • May 31, 2018

    Judge Confirms CIETAC Award Ordering Company To Pay For Dietary Supplements

    CENTRAL ISLIP, N.Y. — After finding that a New York company’s defenses to enforcement of an arbitral award lacked merit, a New York federal judge on May 30 granted a petition to confirm filed by a Chinese seller of dietary supplements (Tianjin Port Free Trade Zone International Trade Service Co., Ltd. v. Tiancheng Chempharm Inc., No. 17-CV-4130, E.D. N.Y., 2018 U.S. Dist. LEXIS 90106).

  • May 30, 2018

    London Court Of International Arbitration Appoints New Arbitrators

    LONDON — The London Court of International Arbitration (LCIA) on May 30 said that several arbitrators have left the court after serving their term and that three new arbitrators were recently appointed. 

  • May 25, 2018

    U.K. Energy Firms Ask D.C. Court To Allow It To Seek Ghana’s Assets

    Washington, D.C. — Energy firms on May 22 moved a District of Columbia federal court for an order allowing them to begin attachment and enforcement efforts in an attempt to satisfy payment of a $11.75 million award issued by the Permanent Court of Arbitration (PCA) against Ghana (Balkan Energy Limited, et al. v. Ghana, No. 1:17-cv-00584, D. D.C.).

  • May 25, 2018

    Singapore International Arbitration Centre Appoints New Vice President

    SINGAPORE — The Singapore International Arbitration Centre (SIAC) on May 8 announced that it has appointed a new vice president.