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Case of the Day: Chevron Corp. v. Republic of Ecuador
Today’s case of the day, Chevron Corp. v. Republic of Ecuador (D.D.C. 2013), is the latest installment in Chevron’s efforts to enforce a $96 million arbitral award it obtained against Ecuador in an investment treaty arbitration held in the Hague under the US/Ecuador bilateral investment treaty. This arbitration arose out of Chevron’s claim that it……
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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……