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Contracts Arbitration

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  • TORONTO, April 23- Khan Resources Inc Chairman Jim Doak, a prominent figure in the Toronto financial industry, was found dead in a hotel room in Mongolia, the Globe and Mail reported on Thursday. Khan Resources took Mongolia to international arbitration four years ago after the government canceled its licenses over the Dornod uranium project in 2009, handing...

  • *Ghana hoped arbitration would reassure investors. *Ghana and Ivory Coast are economic rivals. DAKAR/ ACCRA, April 22- Ghana's decision to seek arbitration in a dispute with Ivory Coast over an oil-rich basin in the Atlantic could prove costly for the country and a consortium led by Tullow if a court halts development there.

  • *Major court decisions expected this year- Gold Reserve. CARACAS, April 16-- Gold Reserve Inc, a small Canadian miner that lost its crown jewel in a 2009 expropriation, is targeting Venezuelan assets as it seeks to collect a $750 million arbitration award that would put new strains on the cash-strapped government's finances. With higher-profile cases including...

  • Family Endowment Partners LP and its head, Lee Weiss, steered the couple, James and Jane Sutow, to a $9 million investment in Biosyntec Polska, according to an American Arbitration Association ruling on Tuesday. The firm, which also has offices in Pennsylvania and Maryland, manages $335 million in assets, according to a regulatory filing. The Sutows lost a total of...

  • *Judge orders Wanxiang to cease court case in Shanghai. LONDON, March 26- Trading house Trafigura and China's Wanxiang Resources are expected to agree to arbitration in Hong Kong for a dispute linked to alleged metals financing fraud after sparring over jurisdiction, lawyers for the firms said. Justice Blair at England's High Court encouraged the two sides to...

  • WASHINGTON, March 23- The U.S. Supreme Court on Monday agreed to hear an appeal filed by DirecTV Inc concerning the satellite television provider's efforts to enforce arbitration agreements its customers in California have signed. The litigation dates back to 2008 when Amy Imburgia and Kathy Grenier filed class action lawsuits saying that DirecTV had...

  • EU seeks solution to keep arbitration in U.S. trade deal Wednesday, 18 Mar 2015 | 12:14 PM ET

    BRUSSELS, March 18- The EU's trade chief sought on Wednesday to overcome one of the biggest disputes blocking an accord with the United States, offering to radically change the way companies would resolve conflicts in transatlantic business. Cecilia Malmstrom, the European Union's trade commissioner, said arbitration must be part of any EU-U.S. free-trade...

  • MOSCOW, March 18- Russian Energy Minister Alexander Novak plans to discuss energy cooperation with the CEO of U.S. oil and gas major ExxonMobil, Rex Tillerson, at their meeting later on Wednesday. Kommersant quoted a source as saying that ExxonMobil had threatened to lodge a claim with the Stockholm arbitration court unless Russia cut its taxes for the project...

  • CARACAS, March 12- U.S. bottle maker Owens-Illinois said on Thursday it had been awarded over $455 million in an arbitration claim against Venezuela for the nationalization of its subsidiary's operations in 2010.. "If Venezuela fails to meet its obligations, OIEG will seek to enforce the award against Venezuela's assets around the world or find alternative...

  • US port employers seek mediation in dockworker talks Monday, 22 Dec 2014 | 9:20 PM ET
    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.

  • More Brokers Seek to Buff Smudges Out of Records Tuesday, 11 Jun 2013 | 1:04 PM ET
    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.