Topic: M&A disputes

A Frankfurt court has been hearing a challenge to an award in favour of US insurer AIG in a dispute over €270 million in losses incurred by a Japanese construction group as a result of an ill-fated acquisition.

28 October 2020

An emergency arbitrator in Singapore has ordered an Indian conglomerate to pause the US$3.4 billion sale of its retail business until Amazon’s bid to stop the deal is heard by a SIAC tribunal.

26 October 2020

A German building materials company has lost its claim for a US$100 million earnout payment arising from its US$1.4 billion sale of assets to a US buyer.

15 October 2020

Amazon has launched a SIAC claim against an Indian conglomerate to block the US$3.4 billion sale of its retail business to Reliance Industries.

12 October 2020

A conglomerate controlled by US billionaire Warren Buffett that won a €643 million award after claiming it was defrauded into buying a German piping business has now filed a lawsuit in Texas against Jones Day – alleging the law firm was part of the scheme.

02 October 2020

A Nordic private equity firm says it has been awarded €87 million after prevailing on a fraud claim arising from its purchase of an ice-cream equipment maker, though the seller disputes this account of the award.

23 June 2020

Italy’s largest insurer Assicurazioni Generali has settled an arbitration over the US$1.6 billion sale of a Swiss private bank that was implicated in Malaysia’s 1MDB embezzlement scandal.

16 June 2020

A Malaysian rubber-glove manufacturer has agreed to settle a SIAC arbitration in which it claimed it was fraudulently induced into making a US$340 million acquisition, a dispute that also gave rise to litigation and asset freezes in Kuala Lumpur and Singapore.

05 March 2020

A company owned by the city of Frankfurt has applied to a US court for discovery in support of a potential claim at the German Arbitration Institute, or DIS, arising from German energy company E.ON’s proposed €30 billion takeover of a domestic competitor.

04 February 2019

A listed Malaysian manufacturer of rubber gloves has launched a SIAC arbitration alleging it was defrauded into making a US$340 million acquisition earlier this year.

11 July 2018