Anderson v. Credit One Bank, N.A. (In re Anderson), 884 F.3d 382 (2d Cir. 2018) [click for opinion] Plaintiff was a credit card holder with Credit One Bank, N.A.’s predecessor (the “Bank”). On March 12, 2012, the Bank “charged off” Plaintiff’s outstanding credit card debt; that is, the Bank changed those debts in its books from a receivable to a loss. The Bank then sold Plaintiff’s debt to a third-party buyer, and externally reported the…
Tatneft v. Ukraine, No. 17-582 (D.D.C. Mar. 19, 2018) [click for opinion] On July 4, 1995, Tatarstan and…
Rusoro Mining Ltd. v. Bolivarian Republic of Venezuela, No. 16-cv-02020 (D.D.C. Mar. 1, 2018) [click for opinion] Rusoro,…
Transocean Offshore Gulf of Guinea VII Ltd. v. Erin Energy Corp., No. H-17-2623 (S.D. Tex. Mar. 12, 2018) [click for opinion] Petitioners, Transocean Offshore Gulf of Guinea VII Ltd and Indigo Drilling Ltd, participated in an arbitration against Respondent, Erin Energy Corp., before the London Court of International Arbitration (the “LCIA”) arising from a contract providing for drilling off the coast of Nigeria. Before the arbitration hearings took place and any decisions made by the…
Balkan Energy Ltd. v. Republic of Ghana, No. 17-cv-00584 (D.D.C. Mar. 22, 2018) [click for opinion] In 2007,…
Investment treaty arbitrations may be brought under the rules of many different arbitration institutions. As can be expected,…
The London Court of International Arbitration (the “LCIA”) has recently published its Casework Report for 2017 which contains statistics on its performance last year.[1] The report makes for an interesting comparison with the 2016 report.[2] This article examines the LCIA’s 2017 figures, making comparisons also with those of the International Chamber of Commerce (the “ICC”),[3] where appropriate. Caseload The LCIA received 303 referrals in 2016, 253 of which fell under the LCIA rules (LCIA acting…
In many M&A transactions litigators become involved only after a dispute has arisen. However, a litigator’s experience in…
Berkowitz v. Republic of Costa Rica, No. 17-148 (D.D.C. Jan. 20 2018) [click for opinion] In the early…
West African Ventures Limited v. Ranger Offshore, No. 4:17-CV-00548 (S.D. Tex. Jan. 24, 2018) [click for opinion] Plaintiffs, West African Ventures Limited and Sea Trucks Group FZE, brought a guarantee-enforcement action against two guarantors under various service agreements relating to oil and gas production projects offshore Nigeria. When the underlying contracts were not paid by the contracting parties, Plaintiffs sued the guarantors for payment. One of the defendant guarantors, Ranger Offshore, Inc. (“Ranger”), brought several…