-
Case of the Day: Orange Middle East & Africa v. Equatorial Guinea
The case of the day is Orange Middle East & Africa v. Republic of Equatorial Guinea (D.D.C. 2016). Orange and the Republic of Equatorial Guinea were the shareholders of a telecommunications company providing service in Equatorial Guinea. The government was the majority shareholder. After some disputes arose, the parties entered into a settlement agreement, which……
-
Case of the Day: Redeemer Committee v. Highland Capital Management
The case of the day is Redeemer Committee of Highland Credit Strategies Funds v. Highland Capital Management, LP (S.D.N.Y. 2016). Highland Capital Management was the manager of Highland Credit Strategies Master Fund, LP, a Bermuda mutual fund company. The Master Fund invested money received from two feeder funds, Highland Credit Strategies Fund, LP and Highland……
-
Case of the Day: In re Application of Laos
The case of the day is In re Application of the Government of the Lao People’s Democratic Republic (D.N.M.I. 2016). The Laotian government was partners with Sanum Investments Ltd. and Lao Holdings N.V. in the Savan Vegas casino, which was located in Laos. As part of the deal, Laos had given tax benefits and a……
-
Case of the Day: Katz, Nannis & Solomon v. Levine
The case of the day is Katz, Nannis & Solomon, P.C. v. Levine (Mass. 2016). The case involved a dispute among the shareholders of a small accounting firm formerly known as Levine, Katz, Nannis & Solomon, P.C. Katz, Nannis, and Solomon voted to require Levine to withdraw as a director and stockholder. Levine disputed their……
-
Case of the Day: Albaniabeg Ambient v. Enel
The case of the day is Albaniabeg Ambient Sh.p.k. v. Enel S.p.A. (S.D.N.Y. 2016). BEG S.p.A., an Italian company, contracted with the government of Albania to build and operate a hydroelectric plant. BEG also had a contract with Enel S.p.A., another Italian firm, to study the feasibility of the project. Later, BEG had a similar……