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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
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
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
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
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
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
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
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
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
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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