Global Arbitration

Latest News for: Global arbitration

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Kazakhstan presses ahead with $16.5 bln claim against oil majors

Natural Gas World 07 Jun 2023

The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business ... Arbitrators are being appointed, consultations are under way," Satkaliyev said.

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Latest Economic Integration Committee meeting discusses development, implementation of National Economic Register

Urdu Point 30 May 2023

... and trade activities despite global economic shifts ... Also reviewed was a series of new proposals for commercial arbitration law, which will enhance the resilience and competitiveness of the country’s business and investment environment in accordance with global best practices.

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WEF urges global cooperation for effective crypto regulation

Cryptopolitan 26 May 2023

WEF calls for global crypto regulation. The WEF paper stressed the necessity of global coordination to prevent regulatory ambiguity, inconsistent enforcement, and regulatory arbitration in the crypto asset space.

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Eric Tuchmann Receives ABA International Law Section's Outstanding International Corporate Counsel Award

Victoria Advocate 23 May 2023

Reisenfeld highlighted Eric's contributions to leading global arbitration and mediation initiatives at the AAA-ICDR for more than two decades, and cited his leadership in amicus filings, and legislative and policy initiatives.

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IHS Holding Limited Reports First Quarter 2023 Financial Results

Eagle-Tribune 23 May 2023

Dollars in our markets;regional or global health pandemics, including COVID 19, and geopolitical conflicts and wars, including the current conflict between Russia and Ukraine;our inability to successfully execute our business strategy and operating plans, including our ability to ...

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Arbitrator takes Jersey City off the hook for millions in double-time wages during COVID state ...

NJ 20 May 2023

An arbitrator has ruled that Jersey City is not obliged to pay a group of union employees double-time for the duration of the COVID-19 state of emergency, a decision Mayor Steve Fulop says will save the city as much as $15 million ... In the decision, the arbitrator did not rule on the “supervening” event argument.

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Experts: HK continues to thrive as leading international legal hub

China Daily 12 May 2023

Hong Kong's Arbitration Ordinance is ... Arbitral awards made in Hong Kong are widely recognized and can be enforced globally in over 170 contracting parties from various jurisdictions under the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.

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COVID-19 vaccine maker Novavax to slash quarter of global workforce; shares surge over higher-than-expected revenue

Live Mint 09 May 2023

US FDA asks consumers to discard SD Biosensor's Covid at-home tests; Here's whyIn February, the company raised doubts about its ability to remain in business, due to uncertainty about 2023 revenue, funding from the US government, and pending arbitration with global vaccine ...

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India monitored Chinese ships during drill in South China Sea

Live Mint 09 May 2023

China claims more than 80% of the South China Sea, one of the world’s busiest shipping routes, where almost a third of global maritime crude oil trade passes. A 2016 arbitral tribunal ruling in the Hague had invalidated China’s claims.(With inputs from Bloomberg, Reuters) .

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Novavax forecasts higher-than-expected revenue; shares surge

Yahoo Daily News 09 May 2023

By Bhanvi Satija and Michael Erman ... In February, the company raised doubts about its ability to remain in business, due to uncertainty about 2023 revenue, funding from the U.S. government, and pending arbitration with global vaccine alliance Gavi ... was also encouraging. "They seemed to be very confident about the U.S. fall campaign," Song said.

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Novavax Reports First Quarter 2023 Financial Results and Operational Highlights

Victoria Advocate 09 May 2023

government; the potential for an unfavorable outcome in disputes, including the pending arbitration with Gavi; challenges in implementing our global restructuring and cost reduction plan; challenges in obtaining commercial adoption of NVX-CoV2373 or a COVID variant ...

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US, Philippines to Strengthen Ties as Marcos Visits Pentagon

Yahoo Daily News 04 May 2023

Most Read from Bloomberg. Zelenskiy Denies Ukraine Sent Drones to Hit Putin, Kremlin ... “So make no mistake, Mr ... China claims more than 80% of the South China Sea, one of the world’s busiest shipping routes where almost a third of global maritime crude oil trade passes. A 2016 Arbitral Tribunal ruling in the Hague had invalidated China’s massive claims.

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Factbox: The engine dispute at the heart of Go First's bankruptcy filing

Reuters 03 May 2023

In February 2023, Pratt proposed a plan to supply replacement engines at a rate “four times lower than the failure rate," leading Go First to file for emergency arbitration in Singapore a month later. Global supply chain shortages are now slowing production of aircraft and components for maintenance and repair, including engines ... Our Standards.

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The engine dispute at the heart of Go First's bankruptcy filingGlobal supply chain shortages are ...

Deccan Herald 03 May 2023

Read ... In February 2023, Pratt proposed a plan to supply replacement engines at a rate “four times lower than the failure rate," leading Go First to file for emergency arbitration in Singapore a month later. Global supply chain shortages are now slowing production of aircraft and components for maintenance and repair, including engines ... Sign Up ... ....

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A public servant extraordinaire

Manila Standard 01 May 2023

Together with retired Associate Justice Antonio Carpio, he expressed the Philippines’ stance against China’s extensive maritime claims in both domestic and global forums. He asserted the arbitration decision obtained by his team in 2016 has legally safeguarded the country’s ...