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Case of the Day: Belmont Partners v. Mina Mar
The case of the day is Belmont Partners, LLC v. Mina Mar Group, Inc. (W.D. Va. 2010). It’s a perfect example of what should not happen in arbitration–the parties agreed to arbitrate, then settled, then one reneged on the settlement, then they sued each other in two countries. The parties were both in the business……
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Case of the Day: Argentine Republic v. National Grid plc
The case of the day, Argentine Republic v. National Grid plc (D.C. Cir. 2011), shows the importance of compliance with the statutory time limits in the FAA. The case involved another UK investor arbitration against Argentina on account of measures it took to deal with its financial crisis (we previously reported on Argentina v. BG……
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Case of the Day: Ingaseosas International v. Aconcagua Investing
The case of the day, Ingaseosas Int’l Co. v. Aconcagua Inv. Ltd. (S.D. Fla. 2011), raises interesting questions of federal subject matter jurisdiction of motions to vacate awards made under the New York Convention. Ingaseosas and Aconcagua were both British Virgin Islands firms. They entered into a stock purchase agreement concerning shares in another BVI company……
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New article on the US Reception of Private International Law Conventions
HT to Conflict of Laws.net for a link to a new paper by Hannah L. Buxbaum on the reception of private international law conventions, including the Hague Service, Evidence, and Apostille Conventions and the New York Convention, in the United States. The paper is available on SSRN. The paper focuses on the ways in which……
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Case of the Day: AO Technabexport v. Globe Nuclear Servs. & Gas Supply
In the case of the day, AO Techsnabexport v. Globe Nuclear Servs. & Gas Supply, Ltd., No. 09-2064 (4th Cir. Dec. 15, 2010), the Fourth Circuit affirmed a district court’s decision confirming an international arbitral award between a U.S. firm and a Russian firm buying and selling uranium, over objections that the tribunal had violated its……