-
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……
-
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……
-
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……
-
Case of the Day: Commissions Import Export S.A. v. Republic of the Congo
The case of the day is Commissions Import Export SA v. Republic of the Congo (D.D.C. 2013). The case deals with local statutes of limitations applicable to recognition and enforcement of foreign arbitral awards, a topic we saw in the discussion of Yugraneft Corp. v. Rexx Management Corp., [2010] 1 S.C.R. 649 (Can.), the case……
-
Case of the Day: First Investment Corp. of the Marshall Islands v. Fujian Mawei Shipbuilding
We return today to the case of the day from March 20, 2012, First Investment Corp. of the Marshall Islands v. Fujian Mawei Shipbuilding. In that decision, an action for confirmation of an English arbitral award, the judge found that he lacked personal jurisdiction over a Chinese state-owned enterprise, Fujian Mawei Shipbuilding, Ltd., and thus……