Work Area: Commercial arbitration

Live Nation to settle Mexican M&A dispute

Live Nation has revived a deal to acquire a Mexican live entertainment business for over US$440 million, suspending an ICC arbitration in which it had sought to abort the purchase because of the covid-19 pandemic.

15 September 2021

Delhi airport metro award reinstated

The Indian Supreme Court has reinstated a US$632 million award won by an affiliate of Reliance Infrastructure and its Spanish partner against an Indian state-owned entity over defects in an airport express metro project in Delhi.

14 September 2021

Total to face trade secrets claim at ICC

A sole arbitrator at the ICC is to hear claims against the venture capital arm of France’s Total after a Houston start-up company accused it of fraud and misappropriation of trade secrets relating to a mobile fuel delivery service.

14 September 2021

Jones Day loses second bid for discovery from Orrick

Jones Day has again failed to persuade a US court to order Orrick Herrington & Sutcliffe to testify in a JAMS arbitration it is pursuing against its former partner Michael Bühler.

10 September 2021

US discovery saga a damp squib

A New York electronics supplier has said it will withdraw a US Supreme Court petition over the availability of discovery for foreign commercial arbitrations – dashing practitioners’ hopes that a growing circuit split on the issue would soon be resolved.

09 September 2021

Korean insurance executive avoids put-option claim

An ICC tribunal has refused to order the chairman of one of South Korea’s largest insurance providers to purchase shares in the company at a price of US$1.8 billion despite finding he was in breach of a put-option clause.

06 September 2021

Belgian centre rules on multibillion pharma fraud claim

A US pharmaceutical company says it has prevailed in what is thought to be the largest-ever case heard at Belgian arbitral institution CEPANI, concerning alleged fraud during a US$4.3 billion acquisition.

03 September 2021

Third-party funding gets “super priority” status in Singapore restructuring

A Singapore court has ruled that funding provided by Omni Bridgeway to help a struggling commodity trader pursue an arbitration in Hong Kong should be granted super-priority status in the context of the trader’s debt restructuring.

03 September 2021

Sydney court grants injunction over herpes treatments

A New York pharma company has won an injunction to prevent its Australian partner from terminating their contract ahead of an ICC arbitration over services related to commercialising treatments for skin infections caused by herpes.

02 September 2021

Arbitration revamped in Ecuador

Rodrigo Jijón, Javier Jaramillo and Patricio Quevedo of Pérez Bustamante & Ponce in Quito consider newly enacted regulations in Ecuador that they say strengthen the country’s chances of becoming a regional arbitration hub.

31 August 2021

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