Online trader Plus500 is seeking to stay a class action on behalf of investors who lost money trading in highly leveraged financial products, telling a court the applicant signed an agreement forcing the dispute into arbitration.
K&L Gates has bolstered its international arbitration practice group, appointing a multilingual Clifford Chance alumni to serve as partner.
The High Court has agreed to review a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a ‘commercial’ matter.
Corrs Chambers Westgarth has recruited an arbitration and commercial partner from Norton Rose Fulbright to be the law firm’s new head of trade.
The High Court has been asked to overturn a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a ‘commercial’ matter.
Gas giants Esso and Woodside have won their bid to stay a court case related to a project for extracting hydrocarbons in the Bass Strait, with a judge finding the court should apply a ‘light touch’ when interpreting arbitration agreements.
The government of India has overturned a finding that it couldn’t dodge a $111.3 million arbitral award in a dispute with three Mauritian companies, with an appeals court finding it did not waive foreign state immunity in the case.
Gold miner Cassius Mining has succeeded in removing an arbitrator in its $443 million dispute with the Republic of Ghana over an aborted mining project.
US-based satellite broadband provider Viasat has lost its bid to appeal an arbitral ruling that rejected its damages claim against the subcontractor on a Department of Defence project.
The Kingdom of Spain must pay $56,000 in security to bring its challenge in a long-running dispute over whether it must pay a $200 million arbitral award to two renewable energy investors.