The Delaware Court has postponed the hearing on the Citgo sale bid until September. Companies owed more than $21 billion have sought the sale of Venezuela’s U.S. refining unit, Citgo, to satisfy unpaid arbitration claims. This case has charted new legal territory for the enforcement of international arbitration awards and explored the boundaries of sovereign…
A federal judge in Pennsylvania has granted FedEx’s motion to compel arbitration in a legal dispute involving an independent service provider from Florida. The ruling, issued by U.S. District Judge Nora Barry Fischer of the Western District of Pennsylvania, determined that the plaintiff, Estanislao Enterprises Inc. (EEI), did not qualify as a “transportation worker” under…
China’s government released a report on Monday that claims a grounded Philippines warship at Second Thomas Shoal caused extensive damage to the shoal’s coral reef ecosystem. China claims a significant portion of the exclusive economic zone of the Philippines, including the Second Thomas Shoal. The report, authored by China’s Ministry of Natural Resources, claims that…
The recent ruling by the 7th Circuit could have a noteworthy impact on the structure of mass arbitrations, creating challenges for plaintiffs firms. The decision might disrupt the current mass arbitration model, according to Allen Garrett Jr., a partner at Kilpatrick Townsend. For more detailed analysis, visit the original article.
Josh Sterling, the former senior official with the Commodity Futures Trading Commission (CFTC), has joined Milbank as a partner in its Washington office. Sterling will be a part of the firm’s derivatives group as well as its litigation and arbitration practice. In his new role, Sterling’s focus will be on regulatory and enforcement matters relating…
In a significant arbitration ruling, the claimants were awarded $10.3 million after an AAA panel found the respondents engaged in false, misleading, deceptive, and unconscionable conduct. Panel Chair Raul A. Gonzalez noted that the evidence presented overwhelmingly supported the claimants’ assertion that they were given a false sense of security. This decision could set a…
Cozen O’Connor Brings on Labor and Employment Litigator Garraux In a notable development within the legal industry, David Garraux has joined Cozen O’Connor as a labor and employment practice shareholder. According to the firm, Garraux will be operating out of their Pittsburgh office. His extensive practice focuses on resolving workplace disputes which encompass labor arbitrations…
On Monday, Akerman LLP announced the addition of Keith Blackman as a partner to its litigation practice group in New York. Blackman, who represents financial services institutions and other commercial clients, brings substantial experience in handling cases involving allegations of fraud, racketeering, breach of fiduciary duty, breach of contract, and securities law violations. He regularly…
Plaintiffs’ attorneys in Massachusetts are cautiously beginning to engage with arbitration, a method traditionally viewed as being more favorable towards employers. Historically, businesses have favored arbitration to resolve disputes quickly and avoid costly class actions, with support from both federal law and decisions by the US Supreme Court. This new trend among Massachusetts plaintiffs’ attorneys…
In a significant ruling, the U.S. Court of Appeals for the Seventh Circuit has delivered a favorable outcome for Samsung in a protracted mass arbitration dispute. The three-judge panel determined that there was insufficient evidence to support the assertion that all of the thousands of claimants are existing Samsung customers who have valid arbitration agreements…
Chinese lithium producer Gangfeng International Trading has initiated an arbitration claim against Mexico, seeking redress for the cancellation of its mining rights in northern Mexico. The company has retained legal representation from White & Case, as well as Mexico’s Creel to handle the proceedings. Further details on the arbitration can be accessed here.
Gerald Griffiths has joined Littler Mendelson as a partner within their employment and labor law practice in Toronto. Griffiths, who previously worked at Sherrard Kuzz, will be accompanied by four associates in this move. He brings extensive experience advising multinational and multi-jurisdictional entities on a wide range of employment and labor law matters. According to…
Hinshaw & Culbertson LLP has bolstered its insurance industry group by welcoming Brian Mahoney as a new partner in their Chicago office, the firm announced Tuesday. Mahoney arrives with substantial experience in both private practice and as in-house counsel, focusing on litigation and arbitration across a variety of claims. Mahoney’s extensive background enables him to…
An insurance dispute involving a Markel Group Inc. unit has concluded following the dismissal of an underlying malpractice suit against Harris Sliwoski LLP. The litigation, initiated by Evanston Insurance Co., which insures the law firm under a professional liability policy, aimed to address coverage issues prior to the exhaustion of policy funds. The insurance company…
Dentons has announced the addition of James Newland as a partner in their litigation practice in Washington, further bolstering the firm’s expertise in handling complex disputes. As outlined by Dentons, Newland’s practice encompasses both domestic and international disputes, with a particular focus on engineering, construction, and development projects. His clientele includes private clients, international organizations,…
Burford Capital’s German affiliate, Burford German Funding, is facing legal action from a client, Financialright Claims GmbH, over accusations that Burford concealed its partnership with Hausfeld Rechtsanwälte LLP, the law firm appointed to lead several antitrust cases in the German trucking industry. Financialright alleges that Burford failed to disclose Hausfeld’s ownership stake in the affiliate…
As the field of international arbitration continues to evolve, notable shifts and reforms are currently shaping the landscape. Cooley’s international arbitration chair Charlie Lightfoot and associate Juan Nascimbene have identified four key developments that are changing the arbitration scene as we enter the second half of 2024. Among these is the Review and Reform of…
“`html Claudia Salomon, a former New York-based arbitration partner at Latham & Watkins, has been reelected to a second three-year term as president of the Paris-based International Chamber of Commerce’s International Court of Arbitration. Salomon made history in 2021 as both the first woman and first American to hold this prestigious position in the institution’s…
A Manhattan judge has confirmed LVMH Moet Hennessy Louis Vuitton Inc.’s $490,000 arbitration award against a former legal executive for alleged contract violations. However, enforcement of the payment is on hold pending the resolution of related sexual harassment and retaliation claims. For further details, please refer to the article by Rachel Scharf on Law360.
LVMH Moët Hennessy Louis Vuitton, a giant in the luxury goods market, will have to wait to receive nearly $490,000 awarded to it in a previous arbitration dispute with a former in-house attorney. The delay comes following a ruling by New York Supreme Court Justice Jennifer Schecter, who put the award on hold pending the…
Amazon.com Inc. is embroiled in a long-standing proposed class action suit that dates back eight years. This litigation has been notably delayed, primarily due to ongoing developments in federal arbitration law as shaped by the US Supreme Court. In a recent move, Amazon has renewed its efforts to compel Amazon Flex drivers to arbitrate their…
The rapid evolution of technology, particularly generative AI, is poised to significantly impact attorney development within Biglaw firms. Smaller legal tech events, such as Future Lawyer USA, are gaining prominence as important complements to larger industry conferences. The recent conference held at Ropes & Gray’s Boston offices explored various facets of this transformation. One major…
Nathan Mammen has joined the Washington D.C. office of Snell & Wilmer as a partner in the firm’s intellectual property group, the firm announced Monday. Mammen brings over 16 years of experience in litigating intellectual property matters across various venues, including district courts nationwide, the International Trade Commission, and in international arbitrations. His practice spans…
The London Court of International Arbitration (LCIA) has released its 2023 Annual Report, highlighting noteworthy trends and developments. The report marks a 13% increase in the number of disputes referred to the LCIA compared to 2022, essentially returning to 2021 levels. This positive shift comes amidst an increasingly volatile global landscape, suggesting resilience and potential…
The French Court of Cassation has annulled an arbitration award rendered by the International Chamber of Commerce (ICC) in 2020, citing concerns over the impartiality of the presiding arbitrator, Thomas Clay. The decision follows a series of legal proceedings initiated by “the PAD company” after it emerged that Clay had written a eulogy for Emmanuel…