Topic: M&A disputes

JAMS decides Fox dispute over betting brand stake

A JAMS arbitrator has ruled that Fox will have to pay over US$3.7 billion if it wants to acquire a stake in a fast-growing US sports betting brand – nearly twice as much as the Rupert Murdoch-owned entertainment group had argued for.

07 November 2022

Brazilian chamber to hear telecoms M&A dispute

Leading telecoms groups Telefónica, América Móvil and TIM have launched arbitration against troubled Brazilian operator Oi to slash the US$3.1 billion price they agreed to pay for its mobile assets.

05 October 2022

SIAC to hear claim over Seoul skyscraper sale

UPDATED: A South Korean investment firm has launched a SIAC claim after pulling out of a deal to acquire a landmark development in Seoul’s financial district for nearly US$2.8 billion.

26 September 2022

Mumbai centre hears billion-dollar M&A dispute

India’s Reliance Infrastructure is pursuing a US$1.7 billion claim at the Mumbai Centre for International Arbitration over the sale of a power distribution business.

15 September 2022

Seeds of success: Bayer declares win in multibillion M&A dispute

German biotechnology company Bayer has defeated an ICC claim relating to the €7.4 billion sale of part of its crop science business to chemical producer BASF.

12 August 2022

Brazilian pulp award survives hacking allegations

A Brazilian court has upheld an ICC award in an acrimonious dispute over the multibillion-dollar sale of a pulp producer, dismissing allegations the procedure was tainted by a cyberattack and a conflict of interests and awarding US$114 million in legal fees to the winning side.

04 August 2022

Privy Council upholds Cayman enforcement decision

The UK Privy Council has upheld the enforcement of a Brazilian airline’s US$55 million ICC award in the Cayman Islands even though the arbitrators decided the case on the basis of a legal concept not pleaded by the parties.

19 May 2022

Alstom brings ICC claim over €4.4 billion M&A

French rail transport group Alstom has launched an ICC claim against Canadian jet manufacturer Bombardier over a €4.4 billion acquisition that closed last year.

26 April 2022

Edison loses award challenge in environmental dispute

A Swiss court has upheld an ICC award requiring Italian power utility Edison to pay over €91 million to Belgian chemicals producer Solvay for breaches of environmental guarantees relating to the sale of two industrial plants two decades ago.

16 February 2022

SIAC to hear billion-dollar takeover dispute

The Singapore International Arbitration Centre is to hear a dispute between two locally listed conglomerates over an attempt to call off a proposed US$2.8 billion takeover.

10 February 2022

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