Topic: M&A disputes

A SIAC tribunal has ordered a Vietnamese media group to pay nearly US$27 million to the Korean buyers of its interest in an electronic payments business that was implicated in an illegal online gambling ring.

13 January 2022

A Texan chemicals company says it has won more than US$600 million after prevailing on claims that it was defrauded during the billion-dollar acquisition of a pigments business.

03 November 2021

Hopes that the US Supreme Court might soon rule on the availability of discovery for foreign commercial arbitration have been revived thanks to a petition by a German-owned car parts company in a dispute over a billion-dollar M&A.

23 September 2021

A Belgium-based provider of personal hygiene products has agreed to settle an ICC claim against a Brazilian pharmaceuticals group over a €300 million acquisition.

17 September 2021

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

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

India’s highest court has ruled the country does recognise emergency arbitration awards, upholding enforcement of one secured by Amazon in a SIAC dispute stalling its local business partner from completing of a US$3.4 billion asset sale.

06 August 2021

A Belgian chemicals producer says it has won a €90 million ICC award against an Italian utility over breaches of environmental guarantees concerning the billion-euro sale of two industrial plants.

23 July 2021

A group of distressed investment funds have sought bankruptcy protection in New York to prevent a Brazilian airline from enforcing a decade-old ICC award worth US$60 million against their assets.

09 July 2021

A majority ICC tribunal has ruled that Franco-Italian eyewear group EssilorLuxottica can back out of a €5.5 billion takeover in the wake of a dispute over actions the target company took to mitigate the impact of covid-19.

22 June 2021