Topic: M&A disputes
Tesco lets award out of the bag
UK supermarket chain Tesco says it has been held liable in an arbitration over the US$6 billion sale of its Korean retail business.
15 April 2021
Eyewear maker can’t get look at covid docs
A Dutch appeal court has refused to allow French-Italian eyewear maker EssilorLuxottica to obtain discovery in a dispute over a €5.5 billion takeover disrupted by the covid-19 pandemic.
08 April 2021
ICC orders Brazilian pulp deal to proceed
An ICC tribunal has ruled that a company owned by two controversial Brazilian brothers must proceed with the multibillion-dollar sale of a pulp maker to a business run by one of Asia’s wealthiest families.
05 February 2021
Alpiq pays to settle M&A dispute
Swiss energy company Alpiq has settled a €300 million dispute over the sale of its engineering services business that had been playing out in arbitration in Zurich.
07 January 2021
Emergency arbitration recognised in India
The Delhi High Court has refused to restrain Amazon from trying to block a US$3.4 billion transaction in India’s retail sector, confirming that Indian law does not prohibit recourse to an emergency arbitrator.
04 January 2021
M&A insurance award upheld in Frankfurt
A Frankfurt court has dismissed a Japanese construction group’s challenge to an award in favour of US insurer AIG, holding that a tribunal did not ignore witness testimony in an arbitration over the unwitting purchase of a heavily indebted company.
30 November 2020
German court hears challenge to M&A insurance award
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
Amazon wins emergency relief in Singapore
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
Accountant rejects earnout claim after sale of brickmaking assets
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 files SIAC claim to halt Indian retail deal
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
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