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Arbitration Agreements

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On May 9, 2018, Justice Nancy Andrighi of the Superior Court of Justice – STJ, the highest Brazilian court for non-constitutional matters, issued an injunction reaffirming the principle of competence-competence under articles 8, sole paragraph and 20 of Brazilian Arbitration Act, according to which the arbitration panel is the only body competent to judge the competence of the arbitral venue, if an arbitral proceeding is pending. In her decision, Justice Andrighi revoked an anti-arbitration injunction…

Brittania-U Nigeria, Ltd. v. Chevron USA, Inc., No. 16-20690 (5th Cir. Aug. 9, 2017) [click for opinion] In 2013, Plaintiff Brittania-U Nigeria Limited (“Brittania-U”) was invited to participate in the bidding for interests in oil leases in Nigeria held by Chevron Nigeria, Limited, a division of Defendant Chevron U.S.A. Inc. (“Chevron”). Brittania-U signed a confidentiality agreement with Chevron that specified that “arbitration shall be conducted in accordance with the United Nations Commission on International Trade…

Iota Shipholding Ltd v. Starr Indem. & Liab. Co., 16 Civ. 4881 (S.D.N.Y. May 31, 2017) Petitioners brought this action before the U.S. District Court for the Southern District of New York pursuant to the Declaratory Judgment Act, 28 U.S.C. § 2201, and the Federal Arbitration Act, 9 U.S.C. §§ 1-16, in order to (1) enjoin an arbitration already commenced against them by Respondent; and (2) declare that there was no valid arbitration agreement between the…

The federal Consumer Financial Protection Bureau (CFPB) issued what is being labeled a “brazen” rule[1] on Monday, July 10, 2017, prohibiting financial firms from using class action waivers to manage consumer complaints and disputes.[2] As we have reported in previous client alerts and blog posts[3], the Supreme Court of the United States has previously upheld consumer arbitration clauses and class action waivers, resulting in a significant increase in the adoption of such clauses by consumer-facing…