Caroline Simson News Today

A Mexican film distributor is asking the U.S. Supreme Court to resolve a technical question relating to service of process on foreign parties, as it fights a Ninth Circuit decision enforcing an arbitral award favoring a Los Angeles-based film production company over a 2020 movie that starred Jessica Chastain.

The ousted chairman of software investment company The Resource Group International Ltd. is urging a New York court to order his former company to submit to his arbitration claim, in which he accuses its top brass of improperly profiting after he resigned following a sexual harassment scandal.

With artificial intelligence on everyone's mind these days, Law360 sat down with former Hong Kong International Arbitration Centre Secretary General Mariel Dimsey to discuss a recent exercise in which she presided over a tribunal in a moot arbitration with ChatGPT acting as her co-arbitrators. Among the lessons learned, she said, is that human arbitrators are still superior to chatbots in many respects.

Two companies associated with Greg Lindberg are looking to nix litigation filed by defunct Dutch life insurer Conservatrix to enforce an arbitral award that could force the embattled insurance mogul to fork over about $161 million, arguing that the award orders only provisional relief and is not enforceable.

The U.S. Supreme Court on Monday declined to review an Eleventh Circuit decision refusing to vacate $285 million in arbitral awards issued to the operator of the Panama Canal, a case that the petitioners said raised questions about the standard by which courts may nix awards over an arbitrator's "evident partiality."

New York's highest court on Wednesday expressed discomfort with creating a broad test for determining the enforceability of sovereign debt that is arguably invalid under a country's domestic law, in a case that centers on the enforcement of nearly $2 billion in defaulted Venezuelan bonds.

The U.S. Supreme Court declined on Monday to review a Third Circuit ruling affirming that Venezuela's state-owned oil company is liable for the country's massive debts, clearing a potential complication to one of the largest forced sales in Delaware history slated to take place later this year.

The Russian majority-owned company behind the development of a politically sensitive natural gas pipeline from Russia to Germany has resumed its efforts to convince an international tribunal that the European Union's "sole objective" in amending regulations for the natural gas market was to complicate the pipeline project.

U.S. biotech company Seagen Inc. will look to revive its claims seeking billions of dollars in damages in a dispute with Japanese drugmaker Daiichi Sankyo Co. Ltd. over cancer drug patents, arguing that an arbitrator disregarded the "language and essence" of an underlying collaboration agreement.

The Second Circuit did little to tip its hand during oral arguments aimed at resolving whether federal courts can order discovery for arbitration before the International Centre for Settlement of Investment Disputes, asking few questions during a 22-minute hearing concerning controversy over expanding the Panama Canal.