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Case of the Day: Simmons v. Sabine River Authority
The case of the day is Simmons v. Sabine River Authority of Louisiana (W.D. La. 2011). Simmons sued Louisiana government agencies and Entergy Corp. and affiliates on behalf of a purported class of landowners near the Sabine River. The claim was that the defendants caused a catastrophic flood by opening the floodgates of the Toledo……
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Case of the Day: In re Application of Thai-Lao Lignite (Thailand) Co.
We reported on Thai-Lao Lignite (Thailand) Co. v. Government of the Lao People’s Democratic Republic (S.D.N.Y. 2011) back in August. In the prior case, the court confirmed an arbitral award in favor of Thai-Lao Lignite against the government of Laos. Today’s case of the day, In re Application of Thai-Lao Lignite (Thailand) Co. (D.D.C. 2011),……
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Case of the Day: In re Finserve Group Ltd.
The case of the day is In re Finserve Group Ltd. (D.S.C. 2011). Finserve is an investment company incorporated in the British Virgin Islands. Its principal is Vladimir Volpert, who resides in Russia. Volpert’s affidavit states that Finserve agreed to lend $1 million to Anri Petrosyan, who resides in Myrtle Beach, South Carolina, to invest……
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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……