KT Corp. v. ABS Holdings, LTD., No. 1:17-cv-07859 (S.D.N.Y. Apr. 10, 2018) [click for opinion] KT Corp. (“KT”), a Korean firm, and ABS Holdings (“ABS”), a Bermuda company doing business in Hong Kong, entered into a purchase agreement providing that KT would sell a geostationary satellite to ABS known as the KOREASAT-3 (“KS-3”). The Purchase Agreement stated that KT was obligated to “obtain all necessary licenses, consents and approvals for the sale of the Satellite…
Wartsila N. America, Inc. v. Int’l Centre for Dispute Resolution, No. H-18-1531 (S.D. Tex. Aug. 15, 2018) [click…
Recent Development On December 5, 2017, the Fédération Internationale des Ingénieurs-Conseils (FIDIC) launched the second edition of the…
Epic Systems Corp. v. Lewis, 138 S. Ct. 1612 (2018) [click for opinion] In these three consolidated cases, Plaintiff-Employees brought class action suits against their employers for unpaid wage claims under the Fair Labor Standards Act of 1935, despite having entered into mandatory individual arbitration agreements that waived their right to collective and class actions for any employment-related disputes. Plaintiffs, and the National Labor Relations Board, took the position that class action waivers in individual…
Voltage Pictures, LLC v. Gulf Film, LLC, LACV 18-00696-VAP (C.D. Cal. Apr. 17, 2018) [click for opinion] Between…
Certain Underwriting Members of Lloyds of London v. Insurance Company of the Americas, No. 17-1137-cv (2d Cir. June…
Transmar Commodity Group Ltd. v. Cooperativa Agraria Industrial Naranjillo Ltda., No. 16-3532-cv (2d Cir. May 9, 2018) [click for opinion] In 2013, Transmar Commodity Group Ltd. (“Transmar”) and Cooperativa Agraria Industrial Naranjillo Ltda. (“Naranjillo”) entered into six nearly identical contracts for the delivery of cocoa butter. A dispute arose when Naranjillo defaulted on its obligations under the agreements. An arbitral tribunal was convened to resolve the dispute pursuant to the Cocoa Merchants’ Association of America,…
Footprint Power Salem Harbor Dev., L.P. v. Iberdrola Energy Products, Inc., Index No. 651963/2018 (NY Sup. Ct. May…
British Columbia is now the second Canadian province to modernize its international arbitration legislation by adopting the 2006…
Eddystone Rail Co. v. Jamex Transfer Servs., LLC, No. 17-cv-1266 (S.D.N.Y. Feb. 7, 2018) [click for opinion] A district court in the Southern District of New York recently refused to allow a group of would-be Intervenors, all former affiliates and/or officers of Jamex Transfer Services, LLC (“Jamex”), to intervene in a proceeding brought by Eddystone Rail Company, LLC, to enforce $139 million agreed arbitration award in Eddystone’s favor against Jamex. The Court rejected the Intervenors’…