Warfield v. ICON Advisors, Inc., No. 3:20CV195-GCM (W.D.N.C. June 16, 2020) [click for opinion] In November 2017, Defendants ICON Advisors, Inc. and ICON Distributors, Inc. (“ICON”), terminated the at-will employment of Plaintiff James Warfield, a mutual funds wholesaler and North Carolina resident. As required by FINRA rules, ICON explained the reasons for Warfield’s termination in a FINRA Uniform Termination Notice, Form U5. On March 14, 2019, Warfield initiated arbitration proceedings against ICON with the FINRA…
Earth Science Tech, Inc., v. Impact UA, Inc., No. 19-10118 (11th Cir. Apr. 14, 2020) [click for opinion]…
Trajkovski Invest AB v. I.Am.Plus Electronics, Inc., No. 2:20-cv-00152-ODW (C.D. Cal. May 7, 2020) [click for opinion]. Petitioners,…
Corporación AIC SA v. Hidroelectrica Santa Rita SA, No. 19-20294-CV (S.D. Fla. Apr. 16, 2020) [click for opinion] Corporación AIC, S.A. (“Petitioner”) and Hidroelectrica Santa Rita, S.A. (“Respondent”) entered into an Engineering, Procurement and Construction Agreement (the “Contract”). Pursuant to the Contract, Respondent engaged Petitioner for the full turnkey design, engineering, procurement, construction, start-up, and commissioning of a hydroelectric power plant on the Icbolay River in Guatemala. The power plant project was not supported by the…
Am. Int’l Spec. Lines Ins. Co. v. Allied Capital Corp., No. 23 (N.Y. Apr. 30, 2020) [click for…
Texas Brine Co. v. Am. Arbitration Assc., No. 18-CV-31184 (5th Cir. Apr. 7, 2020) [click for opinion] Texas…
The International Chamber of Commerce (“ICC”) recently published its full statistical report for the year 2019,[1] which revealed a slight increase in the number of arbitration cases registered with the ICC’s International Court of Arbitration in 2019, as compared to 2018. As we have done in previous years,[2] we compare the caseload statistics of various arbitral institutions over the past few years in this article, and we analyze whether the popularity of arbitration continues to…
In Re Application of Hanwei Guo for an Order to Take Discovery for Use in a Foreign Proceeding…
In Doe v. Natt, No. 2D19-1383 (Fla. 2d DCA Mar. 25, 2020) [click for opinion], a Texas couple,…
Baker & McKenzie will be “hosting” the ICDR Y&I online debate on virtual hearings and cybersecurity, on Wednesday, July 24 at 11:00 am ET (5:00 pm CET). The debate teams will square-off on the following topics: Virtual hearings should remain the exception rather than the norm.Arbitral institutions must do more to address cyber-security risks in international arbitration. The debate will be in the style of the very lively Coffeehouse Debate held every year in Vienna…