Region: North America

Ex-law firm partner pleads guilty to bankruptcy fraud

A former international arbitration partner at several well-known US law firms has pleaded guilty to bankruptcy fraud before a federal court in New York.

13 September 2023

Argentina on the hook for billions over YPF

Burford Capital says the latest ruling in a US lawsuit it is financing against Argentina means the state will have to pay around US$16 billion for nationalising oil and gas operator YPF.

11 September 2023

UK funder backs mining claim against Mexico

A London funder has agreed to finance a Canadian mining company’s US$180 million NAFTA legacy claim against Mexico.

07 September 2023

Spanish firm hires in New York

Spanish firm Pérez-Llorca has hired Felipe Nazar from White & Case as its first international arbitration partner in New York.

06 September 2023

South African fund targets Ghanaian businessman

A South African investment fund has applied to courts in New York and Chicago to enforce a US$60 million LCIA award against a Ghanaian businessman arising from a loan guarantee.

06 September 2023

Chad pipeline dispute reaches New York

A UK-based energy company has asked a US court to freeze US$151 million in funds held by Citibank pending an ICC arbitration with Chad over an oil pipeline venture – putting an emergency arbitrator order in the public domain.

04 September 2023

Olympics contractor faces claim after settlement with Greece

A US defence contractor has asked a Virginia court to halt an ICDR arbitration brought by a former agent following the settlement of a dispute with the Greek government over a security system for the 2004 Olympic Games.

24 August 2023

Israeli fintech group seeks bankruptcy relief after fraud claims

An Israel-based fintech group facing allegations of a US$4 billion fraud has filed for bankruptcy protection in Delaware, thwarting an insurance broker’s bid for injunctive relief in aid of a threatened arbitration in Bermuda.

21 August 2023

US appeals court upholds Panama Canal awards

A US appeals court has refused to set aside a pair of ICC awards worth US$285 million in favour of the Panama Canal Authority based on the arbitrators’ involvement in unrelated arbitrations.

21 August 2023

Indian arbitrator refuses to restrain sale of hospital network

An Indian arbitrator has refused a Mumbai healthcare provider’s request for interim measures to restrain a US private equity firm from selling a hospital network to rival bidders.

18 August 2023

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