Region: United States of America

Baker Hughes settles claims over German gas storage caverns

US energy services group Baker Hughes has settled a €142 million dispute over alleged equipment defects at a complex of gas storage caverns in Germany – which gave rise to two DIS arbitrations, a lawsuit in Houston and a discovery bid in Delaware.

06 May 2021

Chevron rushes to confirm awards in jetty dispute

Chevron has asked a US court to confirm a pair of adverse awards in a billion-dollar dispute over the construction of a jetty for one of the world’s largest natural gas projects – as it seeks to stave off a further damages claim in litigation.

06 May 2021

Covington promotes in DC and New York

Covington & Burling has promoted William Lowery and Josh Picker, who both acted for Naftogaz in a US$5 billion investment treaty claim against Russia, to special counsel in Washington, DC and New York respectively.

05 May 2021

Funder targets Crowell partner in fight over Pakistan award

A Cayman hedge fund that helped to finance an arbitration against Pakistan has sought leave to subpoena a partner at Crowell & Moring who acted in the case, amid a dispute over more than US$28 million in award proceeds.

26 April 2021

Cook Islands defeats claim over medical school

The Cook Islands has sought to enforce a costs award after defeating a US$20 million ICC claim brought by a Florida-based businessman who said his medical training facility in the South Pacific nation was blocked.

26 April 2021

Chinese restaurateur faces renewed bid to seize artwork

A subsidiary of Europe’s largest private equity firm has renewed its bid to seize two Andy Warhol and Martin Kippenberger paintings owned by a Chinese restaurateur as it seeks to enforce two CIETAC awards worth US$142 million in a US court.

23 April 2021

Deutsche Telekom takes India award to US

Deutsche Telekom has applied to a US court to enforce an investment treaty award worth more than US$135 million against India, revealing that the state “essentially prevailed” during the quantum phase of the case.

20 April 2021

Freshfields promotes in Tokyo and New York

Freshfields Bruckhaus Deringer has promoted Joaquin (Jack) Terceño and David Livshiz – who both joined the firm from Cleary Gottlieb Steen & Hamilton – to the partnership in Tokyo and New York respectively.

14 April 2021

Chinese group enforces against aircraft venture partner

A Chinese financial services group has had an US$87 million HKIAC award confirmed in Missouri and is now eyeing enforcement in California against its US partner in a failed joint venture to resell used aircraft.

09 April 2021

Fox gambles on JAMS claim against Irish group

Fox Corporation has filed a JAMS claim against a Dublin-based bookmakers’ group over its planned purchase of a multibillion-dollar stake in a sports betting brand.

08 April 2021

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