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Case of the Day: VRG Linhas Aereas v. MatlinPatterson Global Opportunities Partners II
The Case of the Day is VRG Linhas Aereas S.A. v. MatlinPatterson Global Opportunities Partners II LP (2d Cir. 2013). MatlinPatterson is a private equity fund based in New York. In 2007, Gol Linhas Aereas Inteligentes S.A., a Brazilian airline, acting through GTI, its subsidiary, purchased VRG from two MatlinPatterson subsidiaries, Varig Logistica S.A. and……
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Case of the Day: Daebo International Shipping Co. v. Americas Bulk Transport (BVI) Ltd.
The case of the day is Daebo International Shipping Co. v. Americas Bulk Transport (BVI) Ltd. (S.D.N.Y. 2013). Daebo Shipping, a Korean company, chartered the M/V Nicole to ABT, which, despite its name, was, according to the judge, a Liberian company. After a dispute arose, Daebo Shipping asserted a claim for more than $300,000 against……
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Lago Agrio: Update on the BIT Arbitration
Update: I updated this post to include an editorial comment about the Fourth Interim Award. I haven’t written about the arbitration between Chevron and Ecuador in quite a while, so here is very brief post just to bring folks up to date. I highly recommend Luke Eric Peterson’s International Arbitration Reporter for additional and sometimes……
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Case of the Day: Marker Völkl (International) GmbH v. Epic Sports International, Inc.
The case of the day is Marker Völkl (International) GmbH v. Epic Sports International, Inc. (S.D.N.Y. 2013). Marker Völkl, a Swiss corporation, had a license agreement with Epic, a Nevada corporation, under which Epic distributed Marker Völkl’s tennis equipment. In a separate agreement, Capstone Business Credit, LLC, a New York company, guaranteed Epic’s performance of……
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Case of the Day: Republic of Ecuador v. Connor
The case of the day is Republic of Ecuador v. Connor (5th Cir. 2013). I love this case. After Chevron initiated the BIT arbitration against Ecuador, Ecuador sought discovery from GSI Environmental and its owner, John A. Connor, under 28 U.S.C. § 1782. Although Chevron had previously argued around the country that the BIT tribunal……