PROVIDENCE, R.I.— A lawsuit brought by public sector unions and retirees over Rhode Island's 2011 pension overhaul can now move forward, a judge ruled Wednesday, days after both sides said a lengthy mediation had failed.» Read More
*AugustaWestland parent Finmeccanica says to defend position. NEW DELHI, Jan 1- India cancelled its $770 million helicopter deal with Italian defence group Finmeccanica's AgustaWestland unit on Wednesday over what it termed a breach of integrity, but agreed to take part in an arbitration process.
NEW DELHI, Jan 1- India agreed to take its $770 million helicopter deal with Italian defence group Finmeccanica's AgustaWestland unit to arbitration while formally cancelling the agreement on Wednesday over what it termed a breach of integrity.
Dec 27- An arbitration panel has ordered Wells Fargo& Co's brokerage unit to buy back about $94 million of auction-rate securities from investors.
ZURICH/ NEW YORK, Dec 22- Tiffany& Co on Sunday said a Dutch arbitration court ruled that it must pay Swatch Group 402 million Swiss francs in damages over their failed joint venture to produce and market watches, and the New York- based jeweler slashed its profit outlook for the year.
WASHINGTON, Dec 2- The U.S. Supreme Court on Monday weighed British company BG Group Plc's bid to reinstate a $185.3 million arbitration award against Argentina that an appeals court threw out. Several justices voiced doubts when Argentina argued that BG should have sued in Argentina's courts first.
TORONTO, Nov 26- Shares of Chorus Aviation Inc soared 29 percent on Tuesday after an arbitration panel agreed with the markup rate the company charges as a contract carrier for Air Canada.
TORONTO, Nov 26- Shares of Chorus Aviation Inc soared 27 percent in early trading on Tuesday after an arbitration panel agreed with the mark-up rate the company charges as a contract carrier for Air Canada.
NEW YORK, Nov 25- A U.S. judge has rejected Citigroup Inc's effort to block the Abu Dhabi Investment Authority from seeking a second arbitration over the sovereign wealth fund's $7.5 billion investment in late 2007 to shore up the then-struggling bank.
Nov 12- Starbucks Corp must pay Kraft Foods $2.76 billion after it ended the companies' grocery deal at least three years early, the coffee chain said on Tuesday. An arbitrator ruled that Starbucks must pay $2.23 billion in damages plus $527 million for interest and legal fees, Starbucks said. Based on the rules of binding arbitration, Starbucks cannot appeal.
SAO PAULO, Oct 31- OGX Petróleo e Gas Participações SA, the beleaguered Brazilian oil company controlled by former billionaire Eike Batista, said on Thursday it expects to end up in arbitration over a deal struck with Malaysian state oil company Petronas.
*Calpers, San Bernardino entering mediation with chaotic city elections looming.
Oct 23- Delaware must open to the public the state's arbitration system, which allows judges on its highly respected Court of Chancery to resolve large business disputes in secret, a federal appeals court ruled on Wednesday.
Oct 23- Delaware must open to the public the state's arbitration system that allows judges on its highly respected Court of Chancery to resolve large business disputes essentially in secret, a federal appeals court ruled on Wednesday.
As investors rely increasingly on Finra’s database to vet Wall Street professionals, some brokers and executives are trying to remove complaints.