Just when you thought the US law concerning judicial enforcement of annulled foreign arbitral awards was becoming relatively settled and predictable, if not very satisfactory, along comes the US Tenth Circuit Court of Appeals with a fresh and helpful perspective. That Court has held that a US district court did not abuse its discretion when it refused to vacate its initial judgment giving recognition and enforcement to such an award, and declined to give effect to a judicial annulment judgment thereafter sought and obtained from a court at the seat of arbitration in Bolivia. (Compañia de Inversiones Mercantiles S.A. v….
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In a dream last night, YOU, Dear Wing, received an email from the Chair of the Tribunal, “Re: New Case”: “My Dear Colleague X: I am serving as a Wing in a recently filed ICC Arbitration with an amount in dispute in excess of US $3 Billion. Together with my Fellow Wing Ms. Z, who knows and admires you, as I do, we are charged with the joint selection of the Chair. I would like to put your name forward if OK. The parties and counsel are completely different from our current case together and there is no subject matter…
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Corruption — of the bribing State officials variety — can seem like a distant abstraction. Until one reads about it, in excruciating detail. We had that opportunity recently, courtesy of a 360-page ICSID Tribunal Award that declared inadmissible, on grounds of corruption, the expropriation and FET (and other) claims of an investor that deployed an elaborate bribery and influence peddling scheme to secure its investment rights from the State. BSG Resources Ltd. v. Republic of Guinea, ICSID Case No. ARB/14/22 (Award dated May 18, 2022, available at www.italaw.com with the document identifier italaw170322.pdf, hereinafter the “BSGR” case). What should we…
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Dear Readers, you have a lengthy double-feature here on the Blog, for the soon-to-be-departed month of August. And in the movie-going days of our parents’ youth that usually meant the rest of the show would consist of “short subjects” – maybe a newsreel and Woody Woodpecker cartoon. So I bring you one short subject, and it would be longer but I have to go back to work. Most of you are Chromalloy buffs. That is, you crave new developments in the evolution of the law concerning recognition and enforcement, or not, of foreign awards that have been set aside by…
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Sometimes the answers to our most difficult questions are found hiding in plain view. Take for example a question of transcendent global importance — where a New York-seated international arbitrator should “sit” to take testimony from America’s leading non-party witnesses like Google, or Facebook, or Microsoft or Apple Computer. I have been urging you since 2015 to fly to San Jose or Seattle — and upon arrival, to sit — or at least make a plan to do that. This turns out to have been pretty good advice. But for reasons that were, well, hiding in plain view. You can…
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Maybe you thought your Section 1782 line of business sustained a death blow in June at the hands of the US Supreme Court [ZF Automotive US, Inc. v. Luxshare, Ltd., 142 S.Ct. 2078]. But do not despair! I’m here to boost your spirits and maybe your revenue stream. (And to entertain the rest of you, as always). As most of you know by now, in the ZF case the Court held that neither of two different types of international arbitration tribunals qualifies as “foreign or international tribunal” under Section 1782, and that federal judicial assistance to gather evidence in the…
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