Region: United States of America

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 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 & 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

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

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

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 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 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

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 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