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If recent speculation is to be believed, the EU and US are sleep-walking into a scenario where they surrender their regulatory sovereignty to a conclave of self-interested and corrupt lawyers, intent on imposing their will though a collection of “rigged pseudo-courts”. This, so the story goes, will inevitably lead to the destruction of the UK’s sacred National Health Service (NHS), an environmental “free-for-all” and a “race to the bottom” for regulatory standards. In many ways,…

The High Court of Justice in Northern Ireland had to decide whether it could allow state court proceedings if the parties have failed to pay the advance on costs requested by the ICC. Case note on: Trunk Flooring Ltd v HSBC Asset Finance (UK) Ltd and Costa Rica SRL [2015] NIQB 23 FACTS The plaintiff purchased machinery from the 1st defendant that was manufactured by the 2nd defendant. The plaintiff was dissatisfied with the operation of the machine, so…

While there are numerous U.S. court decisions holding that federal statute 28 U.S.C. § 1782 may be used to compel discovery in aid of investor-state arbitrations, far fewer have held that § 1782 may be used in aid of private, commercial international arbitrations. A recent decision by the U.S. District Court for the District of New Jersey, In re Owl Shipping, LLC, No. 14-5655 (D.N.J. Oct. 17, 2014), did just that. Factual Background Owl Shipping, LLC and Oriole Shipping, LLC…