In August 2018, the Beijing Arbitration Commission (“BAC”) closed its first arbitration case involving emergency arbitration procedures in China (“GKML Case”). This case, with the claimants represented by Baker McKenzie Fenxun, is significant in that it not only featured the first emergency arbitrator proceeding (“EA proceedings”) in China but also the enforcement of the emergency arbitrator order (“EA Order”) in Hong Kong, and therefore has set a precedent and example for future practices of similar…
Hardy Exploration & Prod. (India), Inc. v. Gov’t of India, Ministry of Petroleum & Natural Gas, Civil Action…
KT Corp. v. ABS Holdings, LTD., No. 1:17-cv-07859 (S.D.N.Y. Apr. 10, 2018) [click for opinion] KT Corp. (“KT”),…
This article discusses the decision of the Hong Kong Court of Final Appeal (“CFA”) in Astro v First Media.[1] The CFA has allowed First Media to resist enforcement of awards under the New York Convention out of time. The CFA’s decision is important because it clarifies the applicable principles when considering whether time should be extended where an award debtor seeks to resist enforcement after the prescribed time limit has expired. In this case, First…
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…
The case of Agile Holdings Corp v Essar Shipping Ltd[1] clarifies the circumstances in which the court can revisit the decision to grant leave to appeal an award on a point of law under section 69 of the UK Arbitration Act 1996 (“AA”) at the merits stage. The law Section 69 of the UK provides narrow grounds on which a party can appeal an award on a point of law. Before an appeal can be…
The rejection of SCM Financial Overseas Ltd’s (“SCM”) challenge to an US$ 860 million award in favour of…
Eddystone Rail Co. v. Jamex Transfer Servs., LLC, No. 17-cv-1266 (S.D.N.Y. Feb. 7, 2018) [click for opinion] A…
Tatneft v. Ukraine, No. 17-582 (D.D.C. Mar. 19, 2018) [click for opinion] On July 4, 1995, Tatarstan and Ukraine entered into an agreement to create CJSC Ukrtatnafta Transnational Financial and Industrial Oil Company (“Ukrtatnafta”), a Ukrainian joint stock company that operates the largest oil refinery in Ukraine. Ukraine, Tatarstan, and PAO Tatneft, a publicly-traded open joint stock company established under the laws of the Russian Federation (“Tatneft” or “Plaintiff”), were the three major shareholders of…