Occidental Can’t Convince 2nd Circ. To Nix $392M Award
By Caroline Simson (June 15, 2023, 4:01 PM EDT) -- An Occidental Petroleum unit on Thursday failed to convince the Second Circuit to vacate a $392 million arbitral award issued to Andes Petroleum Ecuador Ltd. due to an undisclosed relationship between Andes' lead counsel...
What Is Third-Party Funding?
Third-party funding occurs when a third-party investor who is not involved in the legal dispute agrees to cover all or part of the legal (and related) expenses of litigation or arbitration. In return, if the party involved is successful, the funder will receive a percentage of the amount awarded. While originally used...
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Impact of Energy Charter Treaty Withdrawals on InvestorsRussia says top UN court should dismiss Ukraine’s case over Crimea and terrorism funding
THE HAGUE – Russia urged judges at the United Nations' highest court on Thursday to throw out a case brought by Ukraine against Moscow over the 2014 annexation of the Crimean Peninsula and the arming of rebels in eastern Ukraine before Russia’s full-scale invasion in February...
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Steps taken by An International Arbitration Attorney to Negotiate with Foreign Governments under the BIT
Investing in a foreign country can be a smart business decision but can also present its own set of challenges. One of the main concerns is the fair treatment of foreign investors by the host government. This is where Bilateral Investment Treaties (BITs) can come into play. BITs are agreements between two...
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Transnational Matters PLLC taking part to an arbitration in The China International Economic and Trade Arbitration Commission
Transnational Matters PLLC team has been engaged to represent our client in a CIETAC arbitration in China for damages of more than a hundred thousands of dollars caused by a manufacturer. Our partner Kevin Liu is leading the team through this arbitration. We have been working on the case for more...
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The Impact of the War in Ukraine on Arbitration: Exploring Solutions
The war in Ukraine has been ongoing since 2014 when tensions between the Ukrainian government and pro-Russian separatists with the Russian government in the Eastern region escalated. The conflict has caused significant losses to the country's economy, and its effects have extended to different sectors. One area that has not been spared...
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Steps to Protect Your Foreign Direct Investment
Investing in foreign countries can be a lucrative venture, but it also comes with inherent risks and uncertainty. Factors such as political instability, currency exchange rates, and legal disputes can all threaten your foreign direct investment (FDI). In order to minimize these risks and protect your investment, it's vital to take proactive...
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The American Arbitration Association: Understanding the ICDR vs Non-ICDR Differences
When it comes to handling disputes, arbitration is a popular alternative to court litigation. The American Arbitration Association (AAA) is a well-known organization that provides arbitration services for businesses and individuals alike. Within the AAA, there are two types of arbitration -- International Centre for Dispute Resolution (ICDR) and Non-ICDR. Understanding the...
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Why You Shouldn’t Rely on Chatgpt for Your Legal Issues
In the era of modern technology, chatbots have become a popular tool for businesses and individuals to interact with customers and clients. Chatgpt is one such chatbot that has gained popularity due to its ability to understand natural language, making it easy for users to ask legal questions. However, as convenient as...
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The Benefits of Choosing Arbitration in Switzerland
In recent times, resolving commercial disputes through arbitration has become a popular alternative to litigation in the courts. One of the leading international arbitration centers is Switzerland, whose reputation for neutrality, efficiency, and high-quality legal expertise attracts parties from all over the world. In this blog, we will explore the benefits of...
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