In VRG Linhas Aéreas S.A. v. MatlinPatterson Global Opportunities Partners II L.P., No. 11 Civ. 0198 (S.D.N.Y. Oct. 2, 2014), the U.S. District Court for the Southern District of New York denied a motion to confirm a Brazilian arbitration award against a non-signatory to the arbitration agreement. Case Background In 2007, Gol Linhas Aéreas Inteligentes S.A., a Brazilian airline, acquired VRG from two indirect subsidiaries of MatlinPatterson, a New York-based private equity firm. The share…
In DRC, Inc. v. Republic of Honduras, No. 10-0003 (D.D.C. Oct. 23, 2014), the U.S. District Court for…
In its decision of 5 November 2013, the Higher Regional Court Stuttgart tackled the question of whether an…