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

Mealey's (August 6, 2019, 9:25 AM EDT) -- 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)....