Region: North America

Pemex award survives Mexican appeal

A Mexican appeal court has upheld an AAA-ICDR award that threw out a US consortium’s US$200 million claim on jurisdiction and awarded US$80 million in favour of Mexico’s state oil company Pemex.

27 July 2023

Chinese investors drop sanctions bid against US law firm

A group of cinema investors have withdrawn a request for court sanctions against a law firm they accused of helping a billionaire client to destroy evidence and evade enforcement of a US$450 million CIETAC award.

26 July 2023

Funder brings Albania award to US court

Australian disputes funder Omni Bridgeway has asked a US court to enforce an ICC award worth nearly US$15 million against Albania and its national oil company.

26 July 2023

Dutch court enforces award in US-Korean share transfer dispute

A US blockchain technology company has won leave to enforce a US$27 million ICDR award against a South Korean debtor in the Netherlands after attaching its local assets last year.

25 July 2023

Crypto award blocked in UK on public policy grounds

An English court has taken the “rare” step of refusing to enforce a foreign award on public policy grounds, finding that an award won by a US cryptocurrency company in a California-seated JAMS arbitration breached UK consumer law.

19 July 2023

Chinese tech investor denied enforcement in New York

A US court has dismissed a Chinese asset management group’s bid to enforce a US$145 million HKIAC award against the former chairman of a smart ride technology company, saying it lacks jurisdiction over him.

19 July 2023

Squire Patton Boggs hires from King & Spalding

Charles (Chip) Rosenberg, who has acted in several ICSID cases including a recent win for Turkey, has left King & Spalding to join the partnership at Squire Patton Boggs in Washington, DC.

18 July 2023

US businessman says Hitachi joint venture dispute belongs at JAMS

A US entrepreneur being sued for US$385 million by Hitachi after it bought a stake in his construction equipment rental business has sought to have the lawsuit stayed in favour of JAMS arbitration.

13 July 2023

Crypto lender seeks to halt arbitration

A bankrupt cryptocurrency lender has asked a US court to restrain a Swiss Arbitration Centre proceeding filed by a company that allegedly refused to return US$150 million in digital assets, as its embattled CEO is charged with misleading investors.

13 July 2023

US biotech company seeks damages over troubled drug trial

A US biotech company is seeking over US$100 million in an AAA claim against a clinical research company for breaching a contract to run trials for an experimental antibody treatment – as both parties’ former CEOs are investigated for allegedly defrauding investors over the drug’s potential.

12 July 2023

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