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Arbitration

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  • *American Express, Citigroup, Discover prevail. NEW YORK, April 10- Consumers suffered a setback on Thursday as three big credit card issuers won the dismissal of U.S. lawsuits accusing them of colluding to require that disputes be settled in arbitration rather than class action lawsuits.

  • UPDATE 2-Big credit card issuers defeat collusion lawsuit Thursday, 10 Apr 2014 | 11:44 AM ET

    *American Express, Citigroup, Discover prevail. NEW YORK, April 10- Consumers suffered a setback on Thursday as three big credit card issuers won the dismissal of U.S. lawsuits accusing them of colluding to require that disputes be settled in arbitration rather than class action lawsuits.

  • NEW YORK, April 10- American Express Co, Citigroup Inc and Discover Financial Services won the dismissal of a lawsuit accusing them of colluding to force credit card holders to settle disputes through arbitration rather than class action lawsuits.

  • NEW YORK, April 10- American Express Co, Citigroup Inc and Discover Financial Services won the dismissal of a lawsuit accusing them of colluding to adopt arbitration clauses that prevent credit card holders from pursuing class action lawsuits in court.

  • April 7- A unit of UBS AG must pay $5.4 million to a former broker who alleged the firm misled its advisers about the financial health of Lehman Brothers Holdings Inc while recommending they sell its structured notes to clients, a securities arbitration panel ruled.

  • TORONTO, March 28- Canadian National Railway Co and the union representing its conductors, yard workers, and traffic coordinators have agreed to start an arbitration process that ensures their most recent contract dispute will not lead to a strike at Canada's largest rail operator.

  • TORONTO, March 28- The union representing Canadian National Railway Co's conductors, yard workers, and traffic coordinators agreed on Friday to go to binding arbitration should contract talks fail, ruling out a potential strike at Canada's largest rail operator.

  • March 25- The outcomes of nearly 40 securities arbitration cases dating back more than 15 years and involving some of Wall Street's most well-known brokerages could be compromised because one of the arbitrators who heard them allegedly lied about being a lawyer.

  • TORONTO, March 21- Canadian National Railway Co said on Friday that it was prepared to meet one last time with the union representing its conductors, yard workers, and traffic coordinators, if the union agreed to a binding arbitration should talks fail.

  • WASHINGTON, March 5- The U.S. Supreme Court on Wednesday ruled for British company BG Group Plc in its effort to reinstate a $185.3 million arbitration award against Argentina that a U.S. appeals court threw out. Argentina had said that BG, a natural gas exploration and distribution company, should have sued in Argentina's courts first.

  • WASHINGTON, March 5- The U.S. Supreme Court on Wednesday ruled for British company BG Group Plc in its effort to reinstate a $185.3 million arbitration award against Argentina that a U.S. appeals court threw out. Argentina had said that BG, a natural gas exploration and distribution company, should have sued in Argentina's courts first.

  • *Germany, France, Finland promoting OSCE negotiation effort. BRUSSELS, March 3- European Union foreign ministers will push on Monday for high-level mediation to resolve the crisis over Russia's invasion of Crimea, while threatening the possibility of sanctions if Russia does not back down.

  • BRUSSELS, March 3- The European Union is unlikely to match the United States in threatening sanctions against Russia when its foreign ministers meet to discuss Ukraine on Monday, instead pushing for mediation between Moscow and Kiev, officials say.

  • NEW YORK, Feb 19- A U.S. appeals court on Wednesday rejected the Abu Dhabi Investment Authority's effort to void Citigroup Inc's arbitration win in a dispute over a $7.5 billion investment in the bank less than a year before the 2008 financial crisis.

  • Goodyear moves to dissolve Sumitomo alliance Friday, 14 Feb 2014 | 11:17 AM ET

    DETROIT, Feb 14- Goodyear Tire& Rubber Co has moved to end its global alliance with Sumitomo Rubber Industries Ltd, citing the Japanese tire maker's "anticompetitive conduct." Goodyear said on Thursday that it began arbitration proceedings last month to end the alliance, as well as seeking damages and other relief.

  • *Vodafone wanted to add separate tax dispute- govt note. *Vodafone may seek international arbitration. NEW DELHI, Feb 12- India plans to pull out of talks with Britain's Vodafone Group Plc over a $2 billion tax dispute, in a move that will prolong a more than six-year old row and increase uncertainty among investors in Asia's third-largest economy.

  • SINGAPORE, Feb 12- Singapore's ambitious plans for an international commercial court are set to expand upon its success in arbitration, helping it siphon away more legal business from rivals like London and Hong Kong.

  • Jan 22- Freeport McMoRan Copper& Gold Inc said on Wednesday it would "defend its rights" in Indonesia against a new export tax but was confident of resolving its dispute with the government without going to international arbitration.

  • SAN FRANCISCO, Jan 8- Apple Inc and Samsung Electronics have agreed to attend a mediation session to be held on or before Feb. 19, as they prepare to clash in court in March over smartphone patents. Apple CEO Tim Cook and Samsung CEO Oh-Hyun Kwon will attend the session with in-house lawyers only, according to a Wednesday court filing.

  • SAN FRANCISCO, Jan 8- Apple Inc and Samsung Electronics have agreed to attend a mediation session to be held on or before Feb. 19, as they prepare to clash in court in March over smartphone patents. Apple CEO Tim Cook and Samsung CEO Oh-Hyun Kwon will attend the session with in-house lawyers only, according to a Wednesday court filing.

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