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Wash. Nat’l Ins. Co. v. Obex Grp. LLC, No. 18 CV 9693 (S.D.N.Y. Jan. 18, 2019) [click for opinion] Washington National Insurance Company (“Petitioner”) claims it was fraudulently induced to enter a reinsurance agreement with Beechwood Re (“Beechwood”). Petitioner alleged that Beechwood had connections to a hedge fund, Platinum Partners (“Platinum”), which allegedly used Beechwood as a vehicle to, among other things, “invest in other companies in which Platinum had interests, in violation of Beechwood…

While it hasn’t been a record year for most arbitral institutions, the demand for arbitration is still very strong. As in the previous years, we have compiled the numbers published by the arbitral institutions to date. Recently, the ICC made its 2018 statistics report available for download. We had a look at these numbers and updated this blog post. We will update this blog post again when further statistics become available (1). We also compare…

Eolica Tres Mesas, S. de R.L. de C.V. v. Abengoa Mexico S.A. de C.V., No. 1:18-cv-07505 (S.D.N.Y. Feb. 28, 2019) [click for opinion] In June 2014, Eolica Tres Mesas, S. de R.L. de C.V. and Eolica Tres Mesas 2, S. de R.L. de C.V. (“Eolica”) entered into a subcontractor relationship with general contractor Abengoa Mexico S.A. de C.V. (“Abengoa”) under a Balance of Plant Agreement (“BOP Agreement”) relating to the development of a 45-turbine wind…

Safran Elec. & Defense SAS v. iXblue SAS, No. 1:18-cv-07220 (S.D.N.Y. Feb. 6, 2019) [click for opinion] In 1993, the predecessor of iXblue SAS (“iXblue), a navigation imaging company organized in France, licensed certain fiber-optic gyroscope (“FOG”) “know how” to the predecessor of Safran Electronics & Defense SAS (“SED”), a French avionics and electronics supplier. The license agreement contained an arbitration clause covering any disputes arising between the parties related to the agreement. That clause…