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Case of the Day: Sea Search Armada v. Republic of Colombia
Aargh! The case of the day, Sea Search Armada v. Republic of Colombia (D.D.C. 2011), is, in the words of the judge, “like a marriage between a Patrick O’Brian glorious-age-of-sail novel and a John Buchan potboiler of international intrigue.” According to the complaint, Sea Search Armada had an agreement with the government of Colombia for……
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Solomon on Keeping The Wraps On Confidential Arbitral Awards
Louis M. Solomon has an interesting post up about the problem with maintaining the confidentiality of an arbitral award when you want to ask a US court to confirm it (or to vacate it, for that matter). He points out, correctly I think, that it’s very difficult to persuade a court to seal an award.……
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Case of the Day: In re Broadsheet LLC
The case of the day is In re Broadsheet LLC (D. Colo. 2011). Broadsheet had a contract with the National Accountability Bureau of the government of Pakistan. The contract gave Broadsheet, an Isle of Man company, the exclusive right to “recover assets misappropriated by Pakistani government officials”, presumably with some sort of revenue sharing between……
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Case of the Day: Prism Investments BV v. van der Meer
Conflict of Laws.net had a post on a recent decision of the European Court of Justice, Prism Investments BV v. van der Meer. The facts were as follows: A Finnish bank loaned money to Arilco Opportune, which in turn lent the money to its Netherlands subsidiary, Arilco Holland. Arilco Holland transferred the funds to Prism……