In a recent decision, the U.S. Court of Appeals for the Second Circuit clarified the limitations of U.S. federal courts in dealing with foreign arbitral awards. The case, Molecular Dynamics Ltd. v. Spectrum Dynamics Medical Ltd., reaffirmed that federal district courts lack subject-matter jurisdiction to vacate foreign arbitral awards. This unanimous decision, issued on July…
The Public Investors Advocate Bar Association (PIABA) recently called on the Financial Industry Regulatory Authority (FINRA) to reject proposed changes to its arbitration rules, emphasizing the need to maintain strong protections for investors. PIABA’s plea comes in response to suggestions from industry groups aimed at loosening these regulations, which the association argues would undermine important…
Willkie Farr & Gallagher LLP has announced a strategic enhancement to its arbitration practice by welcoming Randall Young as a partner in their Washington, D.C. office. This move underscores Willkie’s commitment to bolstering its dispute resolution capabilities, particularly in the arena of international arbitration. Randall Young joins from Boies Schiller Flexner LLP, where he cultivated…
Law360 continues to be a vital source of information for legal professionals, with its comprehensive coverage appealing to those involved in fast-moving areas of law. Last week, legal practitioners were particularly captivated by a series of reports and analyses that shed light on significant trends and cases shaking the legal industry. Among the top stories,…
Broadfield, a law firm with global aspirations, announced the establishment of its first U.S. office in New York, marking a significant expansion from its roots in the United Kingdom and Hong Kong. This strategic move was revealed on Wednesday, as Broadfield brings together a team of five founding partners who boast experience from prominent firms…
In a recent development, X, the company previously known as Twitter, finds itself embroiled in legal challenges following the mass layoffs that swept through its workforce. The company is now obligated to cover substantial arbitration fees in disputes with former employees, as reported by Bloomberg Law. This situation arises from the terms of employment contracts…
On June 6, U.S. District Judge Claudia Wilken of the Northern District of California approved a significant $2.78 billion class action settlement involving the National Collegiate Athletic Association (NCAA). This settlement marks a notable shift in how college athletes might engage in complex revenue sharing arrangements with their respective institutions. An integral part of this…
Samsung Electronics has agreed to pay $1.05 billion for a patent license covering wireless and video technology, effective through 2030. This decision follows arbitration proceedings where a panel determined the licensing fee, as indicated by federal securities filings. The agreement is the culmination of complex negotiations with a technology research firm specializing in these technologies….
In a significant move for the legal industry, arbitration expert Matthew McGill has joined King & Spalding as a partner in their Washington, D.C. office. McGill, formerly of Gibson, Dunn & Crutcher, brings a wealth of experience in high-profile arbitration cases, enhancing King & Spalding’s already robust dispute resolution practice. This transition marks a notable…
Drone strikes targeting oil fields in the Kurdistan region of Iraq have raised concerns about an escalating conflict between the regional and national governments over oil revenues. According to a release from Human Rights Watch, these attacks potentially threaten essential public services such as healthcare and education, which are crucial for upholding human rights. Between…
In a significant move within the ongoing multidistrict litigation (MDL) involving the failed cryptocurrency exchange FTX, promoters have petitioned the court for dismissal of the case under Federal Rules of Civil Procedure 12(b)(6), or alternatively, to compel arbitration. This litigation is currently before U.S. District Judge K. Michael Moore in Miami. The defendants argue that…
The Federal Circuit recently announced that it lacked the jurisdiction to rule on a $16.6 million arbitral award dispute between two pharmaceutical companies. The case will now be addressed by the Second Circuit, as it is centered on arbitration rather than patent law, which falls under the Federal Circuit’s purview. This decision underscores the complex…
Coinbase, a prominent cryptocurrency exchange, has initiated legal action in a California federal court against a German national, alleging unauthorized use of a domain name that closely resembles its own. The complaint asserts that the individual is leveraging this domain to impersonate Coinbase, aiming to compel the company into purchasing the domain at an inflated…
A recent ruling by a Texas state appellate court mandates that a malpractice claim against Chamberlain Hrdlicka White Williams & Autry PC be resolved through arbitration. The appellate decision, delivered last Thursday, concerns a case presented by a former client who argues that the firm’s alleged malpractice during a business restructuring resulted in significant financial…
In a significant addition to its arbitration team, Cole Schotz P.C. has welcomed New Jersey Superior Court Judge Kenneth J. LaConte as a part of the firm’s alternative dispute resolution group. The move underscores Cole Schotz’s commitment to expanding its capabilities in handling complex arbitration cases. LaConte, who served on the bench in Passaic County,…
In a move stirring discussions about the intersection of partnership disputes and arbitration clauses, Thompson Hine LLP has appealed to shift a lawsuit filed by a former partner into arbitration. The lawsuit, initiated by former partner Carl Zabik, alleges wrongful termination and seeks resolution through the federal courts. However, Thompson Hine contends that an arbitration…
In recent developments, several U.S. Circuit Courts are recalibrating the criteria for when parties may be deemed to have waived their right to arbitration, emphasizing the legal strategies employed rather than mere delays or participation in litigation. This shift in legal interpretation reflects an evolving understanding of arbitration’s role in dispute resolution. Traditionally, courts have…
Hinshaw & Culbertson LLP, a Chicago-based law firm, is set to face a malpractice lawsuit following a recent decision by a Florida appeals panel. The panel overturned a lower court’s ruling that had previously favored the firm, determining that the plaintiff—a pilot safety training company—did not forfeit its claims by settling an underlying arbitration. This…
The Fourth Circuit has issued a decision affirming that a Maryland law firm, along with a debt buyer, forfeited their right to arbitration by initiating their own collective action in court. This ruling has significant implications for how parties in potential arbitration agreements conduct their litigation strategies. In the case at hand, after the firm…
The American Arbitration Association (AAA) is currently seeking to have an antitrust lawsuit dismissed in an Arizona federal court, which charges the organization with monopolistic practices in the consumer arbitration services sector. The case, initiated as a proposed class action, accuses the AAA of monopolizing the market by impeding competition. The association has countered these…
Burr & Forman LLP continues its strategic expansion with the addition of a new construction partner in its Washington, D.C. office. This move aligns with the firm’s ongoing focus on strengthening its presence in key markets and bolstering its capabilities in the construction sector. The decision to build out their D.C. office comes as part…
A New York federal judge has confirmed an arbitration award in favor of California-based Aadi Bioscience Inc., effectively dismissing a claim exceeding $15 million brought by Hong Kong’s EOC Pharma (Hong Kong) Limited. The decision underscores the judiciary’s role in upholding arbitration outcomes, particularly when one party fails to engage in the legal process. The…
Stoel Rives LLP, representing a consortium of clients, is urging a federal court in California to redirect a lawsuit filed by Pot Drink Co., a producer of cannabis-infused beverages, back to arbitration. The legal team asserts that the claims of fraud made by Pot Drink Co. fall under a binding arbitration agreement. This move arises…
Emma Hennessey’s recent appointment to an in-house legal position at Saudi Aramco marks a significant development in the intersection of global legal leadership and the energy sector. Known for her role as President of ArbitralWomen, Hennessey has been a pivotal figure in advancing gender diversity in international arbitration. Her decision to join Aramco, one of…
The recent ruling by the European Court of Human Rights (ECHR) in favor of Caster Semenya marks a pivotal moment in the ongoing struggle for athletes’ rights, particularly for those with Differences of Sex Development (DSD). Human Rights Watch has applauded the decision, emphasizing its significance for all female athletes facing discriminatory regulations without recourse…