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Arbitration Panel Finds No Evidence that Painting was “Looted”
8/25/2014 5:02:35 PM
Description: The heirs of Clara Levy, a prominent Jewish industrialist who was persecuted by the Nazi regime in Germany in the 1930s and 1940s, do not have a claim to ownership of the painting “The Three Graces” by German artist Lovis Corinth, which


Ernst & Young Excused from Blame by Arbitration Panel in Collapse of Lehman Brothers
8/18/2014 9:12:29 PM
Description: Nearly six years after the investment firm Lehman Brothers collapsed during the first onslaught of the global economic crisis, the accounting firm Ernst & Young, which audited the investment firm’s books, has been cleared of accusation of


Executive Order Forbids Federal Contractors from Arbitrating Sexual Harassment and Civil Rights Complaints
8/12/2014 3:38:37 PM
Description: President Barack Obama has signed an executive order that bans any contractors bidding on federal contracts from requiring their employees to arbitrate complaints of sexual harassment or discrimination under civil rights laws.  The executive


Yukos International Arbitration Yields Record $50 Billion Award
8/12/2014 3:37:44 PM
Description: An international arbitration panel convened at The Hague has issued a record-setting $50 billion award against Russia in favor of Mikhail Khodorkovsky, former owner of Yukos, an energy company.  The Russian government has been accused of


United Kingdom Urges China to Engage in International Arbitration
8/12/2014 3:36:45 PM
Description: Stating that no regional government wishes to settle the ongoing dispute over regions of the South China Sea by using force against it, the United Kingdom’s Envoy in Manila has urged China’s government to participate fully in the


Indonesian Government Demands Retraction of Arbitration Filing
7/25/2014 1:26:57 PM
Description: The Indonesian government has announced that it will not engage in any negotiations or participate in the arbitration proceedings that Newmont Mining Corporation (NEM) has filed.  The government stated that it will only resume negotiations with


Indian Government Nominates Former Supreme Court Judge to Gas price Arbitration Panel
7/25/2014 1:26:14 PM
Description: Reversing a previous refusal to participate, the Indian government in New Delhi has agreed to take part in the arbitration proceedings brought against it by a group led by Reliance Industries over revised natural gas prices.  As a sign of their


Cost Overrun Dispute at Panama Canal Enters Arbitration
7/14/2014 5:33:02 PM
Description: Grupo Unidos Por el Canal (GUPC), an umbrella grouping of several international firms brought together to build a third set of locks at the Panama Canal as part of an ambitious expansion project undertaken by the Panama Canal Authority (ACP) and


Vancouver School Board Calls for Binding Arbitration
7/14/2014 5:25:11 PM
Description: Seeking to avoid the chaos involved in starting the next school term with teacher’s on strike, the Vancouver School Board has called on the local government and the teacher’s union to utilise binding arbitration to settle their contract


Indian Supreme Court Dismisses Litigation Seeking to Stop Vodafone International Arbitration
7/9/2014 6:07:47 PM
Description: The Supreme Court in India has dismissed Public Interest Litigation (PIL) against Vodafone filed by former additional Solicitor General Biswajit Bhattacharya that sought to prohibit Vodafone from seeking international arbitration proceedings against