Tag: Panama Convention

  • Case of the Day: EGI-VSR v. Coderch

    The case of the day is EGI-VSR, LLC v. Coderch (11th Cir. 2020). EGI and Juan Carlos Celestino Coderch Mitjans were parties to an arbitration in Chile that resulted in an award granting specific performance of a stock purchase agreement to EGI, which had sought to sell its shares in a Chilean wine company, Viña […]

  • Case of the Day: KT Corp. v. ABS Holdings

    The case of the day is KT Corp. v. ABS Holdings, Ltd. (S.D.N.Y. 2018). KT was a Korean firm that managed Korea’s fleet of communications satellites. ABS was a Bermuda corporation doing business in Hong Kong. In 2010, KT and ABS made a contract for the purchase and sale of the KOREASAT-3 satellite. Title would […]

  • Case of the Day: CONPROCA v. Petróleos Mexicanos

    The case of the day is CONPROCA S.A. de C.V. v. Petróleos Mexicanos (S.D.N.Y. 2013). CONPROCA was a joint venture organized under the law of Mexico. It sought confirmation of a $311 million arbitral award it had obtained against PEMEX, the Mexican state oil company. The place of the arbitration was Mexico. PEMEX had unsuccessfully […]

  • Case of the Day: Corporación Mexicana de Mantenimiento Integral v. PEMEX-Exploración Y Producción

    The case of the day is Corporación Mexicana de Mantenimiento Integral v. PEMEX-Exploración Y Producción (S.D.N.Y. 2013). PEMEX Exploración y Produccion (“PEP”) was a subsidiary of the Mexican state-owned petroleum company, PEMEX. COMMISA was a Mexican subsidiary of KBR, Inc. In 1997, PEP and COMMISA entered into a contract for the construction of two offshore […]

  • Chevron Seeks Confirmation of its Arbitral Award Against Ecuador

    In May 2012, I noted that a Dutch court had refused to vacate a $96 million arbitral award Chevron had obtained against Ecuador on its 2006 claims that Ecuador violated the US/Ecuador BIT. Now Chevron has moved to confirm the award in the District of Columbia. Aside from the fact of the complaint, there is […]