Am. Int’l Specialty Lines Ins. Co. v. Allied Capital Corp., Index. No. 656341/16, 2018 NY Slip Op 07194 (N.Y. App. Div. Oct. 25, 2018) [click for opinion] This appeal arose out of the settlement of a separate litigation in which respondent Allied Capital Corporation (“Allied”) agreed to pay the government $10.1 million. Allied, which maintained two insurance policies with American International Specialty Lines Insurance Company (“AISLIC”), treated its payment of the $10.1 million as a…
On November 6, 2018, the Argentine National Supreme Court (“Supreme Court”) ruled on a case regarding the annulment…
While it hasn’t been a record year for most arbitral institutions, the demand for arbitration is still very…
Hardy Exploration & Prod. (India), Inc. v. Gov’t of India, Ministry of Petroleum & Natural Gas, Civil Action No. 16-140 (D.D.C. June 7, 2018) [click for opinion] In 1997, Hardy Exploration & Production (India), Inc. (“HEPI”) entered into a contract with the Government of India (“India”) that would allow HEPI to search for and potentially extract hydrocarbons from an area off of India’s southeastern coast (the “Block”). The contract provided that if HEPI found crude…
In its decision 4A_260/2017 rendered on 20 February 2018, the Swiss Federal Supreme Court declined to set aside…
The rejection of SCM Financial Overseas Ltd’s (“SCM”) challenge to an US$ 860 million award in favour of…
After a long wait, the South African International Arbitration Act No. 15 of 2017 sailed through the legislature in November and was assented to by the South African President on 20 December 2017. It is available here (GG 41347 of 20 December 2017). As the Act does not state that it will commence on a date to be set by the President, it has commenced, subject to the transitional provisions (s 20), staggered dates for…
According to the Polish Supreme Court – very far, as it allowed an arbitral award to modify the…
A recent legal framework in the Argentine Republic allows for domestic or international arbitration and dispute boards for…
As a condition of employment, employers often require their employees to sign arbitration agreements requiring that all employment related disputes be resolved by means of individual, rather than collective, arbitration. Employers that include class and collective action waivers in their arbitration agreements will soon learn, definitively, whether such provisions are lawful.On January 13, 2017, the United States Supreme Court granted certiorari in three cases to decide whether an agreement to submit workplace disputes to individual…