On 3 February 2020, the Seychelles became the 162nd State party to accede to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (“the Convention”). The Convention entered into force for the Seychelles on 3 May 2020.[1] Shortly thereafter on 31 March 2020, Palau, an island nation located in the Western Pacific Ocean, became the 163rd State party to accede to the Convention. The Convention will enter into force for Palau…
We are pleased to announce that we have published the first comprehensive empirical study on corporate restructuring and…
We are pleased to announce that the latest edition of the Baker McKenzie International Arbitration Yearbook is now…
Stemcor USA Inc. v. CIA Siderurgica Do Para Cosipar, No. 2018-CQ-1728 America Metals Trading L.L.P. (“AMT”) and South Korean trading company, Daewoo International Corp. (“Daewoo”) executed a series of agreements in May 2012 under which Daewoo purchased pig iron from AMT to deliver to New Orleans. Daewoo made payments under the agreements, but AMT never shipped the pig iron. Daewoo sued AMT in the United States District Court for the Eastern District of Louisiana and…
On 20 September 2019, ICSID registered a request by the Austrian construction company STRABAG SE (“Strabag”) for the initiation of…
On September 20, 2019, Decree 10,025/2019 was enacted, to regulate arbitration with the Federal Union, federal administration entities…
McDonnel Group, L.L.C. v. Great Lakes Ins., SE, No. 18-30817 (5th Cir. May 13, 2019) In fall 2015, McDonnel Group, L.L.C. (“McDonnel”) purchased a builders risk insurance policy (the “policy”) from defendant insurers for a construction project on a property located in New Orleans, Louisiana. Two years later, the property suffered significant water damage. After Defendants denied the claim, McDonnel filed a declaratory and breach of contract action in federal district court.Defendants moved to dismiss…
SMJ Gen. Constr., Inc. v. Jet Commer. Constr., LLC, 440 P.3d 210 (Alaska 2019) In May 2016, after entering…
Castro v. TriMarine Fish Co. LLC, No. 17-35703 (9th Cir. Feb. 27, 2019) [click for opinion] Plaintiff Castro…
Smarter Tools Inc. v. Chongqing SENCI Import & Export Trade Co., No. 18-cv-2714 (S.D.N.Y. Mar. 26, 2019) [click for opinion] Smarter Tools Inc. (“STI”), a Virginia corporation, executed a purchase agreement to buy thousands of gas-powered generators from Chongqing SENCI Import & Expert Trade Co. (“SENCI”), a Chinese entity, for resale in the United States. In June 2013, STI stopped selling the generators because they were not California Air Resources Board (“CARB”) compliant. STI was…