NEW YORK, May 17- SunTrust Banks Inc won an court order on Friday preventing a Connecticut- based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities.» Read More
The tribunal, acting under The Hague's Permanent Court of Arbitration, said the Ecuador government should have stopped plaintiffs in the case from going to courts in Brazil, Argentina and Canada to try to collect the judgment handed down by an Ecuadorean court in 2011..
*Dubai ruler orders development of Islamic business. Muslims around the world will use Dubai's standards to prepare food, and take disputes to Dubai for Islamic arbitration. In Islamic finance, the tiny city state of about 2 million people faces tough competition from more established centres such as Kuala Lumpur, Bahrain and even London.
Jan 28- Canada's Nordion Inc, a major provider of medical isotopes, said on Monday it has hired advisers to examine options for its future, sending its shares sharply higher. Nordion suspended its dividend in September after an arbitration panel rejected its claim for damages from its main supplier, state-owned Atomic Energy of Canada Ltd..
ADDIS ABABA, Jan 25- Sudanese President Omar Hassan al-Bashir said on Friday Khartoum will not seek international arbitration in a dispute with South Sudan over Juba's takeover of oil assets when it won independence in 2011..
Jan 16- A Hong Kong arbitration panel has ruled that China MediaExpress Holdings Inc was a "fraudulent enterprise" and awarded $77 million to Starr Investments, a firm run by former AIG chief Maurice Greenberg, a U.S. court filing shows.
Jan 15- Passenger service agents at American Airlines voted against unionizing after an election that concluded on Tuesday, the National Mediation Board said.
*American Express, Discover, Citigroup accused of collusion. American Express Co, Discover Financial Services and Citigroup Inc face the allegations in two antitrust lawsuits filed by customers who had to sign arbitration agreements in order to get credit cards.
BUENOS AIRES, Dec 21- The World Bank's arbitration body started moving ahead this week on a complaint by Spanish oil major Repsol over Argentina's expropriation of its controlling stake in energy company YPF.
*Deal would tax undeclared German accounts in Switzerland. BERLIN, Dec 12- A German parliamentary mediation committee failed on Wednesday to reach an agreement on ratifying a tax deal signed by the German government with Switzerland, a battle tinged by next year's federal election.
Repsol values its 51- percent stake in YPF at $10 billion. BUENOS AIRES, Dec 3- Spanish oil major Repsol filed a complaint against Argentina at the World Bank's international arbitration forum on Monday over the government's expropriation this year of Repsol's controlling stake in YPF.
Nov 30- Boeing Co and the union that represents its 23,000 engineers tentatively agreed to resume labor talks on Tuesday, after their negotiations on a new contract ended abruptly on Thursday. Boeing said late on Friday that the union had declined its offer to attend meetings with the Federal Mediation and Conciliation Service in Washington, D.C., on Monday.
Nov 20- Hostess Brands Inc, the bankrupt maker of Twinkies and Wonder Bread, said on Tuesday that it failed to reach a deal in mediation with the Bakery, Confectionary, Tobacco and Grain Millers Union. A representative of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union did not immediately respond for comment.