-
Case of the Day: Mobil Cerro Negro v. Venezuela
The case of the day is Mobil Cerro Negro, Ltd. v. Bolivarian Republic of Venezuela (S.D.N.Y. 2015). In 2007, Venezuela expropriated Mobil’s interest in various oil projects in the country. Mobil commenced an ICSID arbitration under a bilateral investment treaty. In 2014, the tribunal awarded Mobil approximately $1.6 billion, which remains unpaid. A day after……
-
More on the Draft Judgments Convention In The Light Of COCA
I wanted to add a few comments to my observations about the new draft text of a Judgments Convention from yesterday:
-
Lago Agrio: MCSquared Sues Sharon Stone?
Here is the most amusing ancillary litigation to arise out of the Lago Agrio to date, as far as I know. MCSquared, the PR firm that Ecuador hired, that failed at first to register as Ecuador’s agent under the FARA, and that paid Mia Farrow to visit Ecuador to support the government’s PR efforts, has……
-
A New Draft Of The Judgments Convention: Is It Good For America?
The Hague Conference has published a provisional edition of the Report on the Fourth Meeting of the Working Group on the Judgments Project, with a preliminary draft text. Bloggers including Claudia Madrid Martínez at Cartas Blogatorias and Pietro Franzina at Aldricus have already noted the new document. I know many American lawyers are skittish about……
-
Case of the Day: Safra v. Palestinian Authority
While I don’t generally write about personal jurisdiction cases, the irony in Safra v. Palestinian Authority (D.D.C. 2015), is too good to pass up, especially in light of the verdict in Sokolow v. Palestinian Authority yesterday. In Sokolow, the jury found that the Palestinian Authority was liable for more than $200 million to victims of……