Contracts Arbitration

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  • "I had made a mistake in denying the motion," Sontchi said, adding the matter would go forward at a hearing on Friday morning in Bankruptcy Court in Delaware. Concerned about leaks from confidential mediation in Molycorp's Chapter 11 bankruptcy, Sontchi last week ordered 123 people to disclose their contacts with Bloomberg reporters over the prior 60 days.

  • Bankruptcy Judge Christopher Sontchi in Wilmington, Delaware last week ordered 123 people to disclose by the end of Tuesday their contacts with Bloomberg reporters regarding Molycorp over the prior 60 days. Bloomberg has reported, citing unidentified sources, that a confidential mediation ordered by Sontchi failed to produce a consensual plan to end the...

  • SYDNEY, Dec 18- A Singapore- based court has refused a challenge by Philip Morris to Australia's landmark plain packaging legislation passed in 2011, which the tobacco giant had brought under a bi-lateral trade treaty with Hong Kong, the company said. The Permanent Court of Arbitration declined on jurisdictional grounds to allow the case to proceed,...

  • Dec 16- Wall Street's industry-funded watchdog should create a pool of specially trained arbitrators to hear cases from brokers who request to clean up their public disclosure records, an arbitration task force said on Wednesday. The proposed change, aimed at bolstering existing rules on removing customer complaints from brokers' records, was one of 51...

  • WASHINGTON, Dec 14- The U.S. Supreme Court on Monday ruled for DirecTV Inc, backing the satellite television provider's efforts to enforce arbitration agreements signed by its customers in California. The dissenters were Clarence Thomas, Ruth Bader Ginsburg and Sonia Sotomayor. DirecTV said the April 2014 ruling by the California Court of Appeal, Second...

  • SAN FRANCISCO, Dec 9- A U.S. judge ruled on Wednesday that Uber drivers could participate in a class action against the company over their employment status, even if they did not opt out of an arbitration clause in their contracts. Drivers sued Uber in San Francisco federal court, contending they are employees and entitled to reimbursement for expenses, including...

  • SAN FRANCISCO, Dec 9- A U.S. judge on Wednesday ruled that Uber drivers can participate in a class-action lawsuit against the company over their employment status, even if they did not opt out of an arbitration clause in their contracts. District Judge Edward Chen in San Francisco said Uber drivers must have opted out of arbitration to be a member of the class.

  • JERUSALEM, Dec 7- Israeli firms Delek Group, Ratio Oil, and Isramco Negev said on Monday they would push ahead with talks to export natural gas to Egypt despite an arbitration ruling in a separate deal that has caused anger in Cairo. Egypt also said it would freeze negotiations that involve Delek and its partners focused on plans to send gas the other way, from...

  • DUBAI, Nov 29- An international arbitration tribunal in London, ruling in a dispute that has lasted six years, ordered the Kurdistan Regional Government in Iraq to pay $1.98 billion to a consortium including Dana Gas, the company said on Sunday. If enforced, the award could have a major impact on the fortunes of United Arab Emirates- based Dana and other natural gas...

  • DUBAI, Nov 29- The government of Iraq's Kurdistan region said it would continue to pursue huge financial claims against a consortium including Dana Gas, after the United Arab Emirates company announced it had won an arbitration award in their long-running dispute. Dana said in a statement on Sunday that a tribunal of the London Court of International...

  • A longshoreman walks on bags of rice in a cargo ship at the Port of West Sacramento in California

    Shipping lines and terminal operators at 29 U.S. West Coast ports requested federal mediation on Monday in their contract talks with the union for 20,000 dockworkers.

  • Seth Lipner, a lawyer who represents investors in cases against brokers, at Deutsch & Lipner in Garden City, N.Y.

    As investors rely increasingly on Finra’s database to vet Wall Street professionals, some brokers and executives are trying to remove complaints.