Astro All Asia Networks Plc, the Malaysia-based investment holding and media company that operates pay-television services, has filed a notice of arbitration against a number of companies under the Lippo Group.
Click to continue reading “Astro files arbitration against Lippo”
PROVINCIAL COMMUNITY SERVICES MINISTER BLAIR LEKSTROM AND LOCAL NDP MLA JOHN HORGAN GOT INTO A VERBAL SLUG-OUT TODAY OVER THE APPOINTMENT OF AN ARBITRATOR IN A HIGHLANDS WATER ISSUE.
Click to continue reading “ARBITRATION IN HIGHLANDS WATER ISSUE STIRS CONTROVERSTY”
David Zaslowsky and Grant Hanessian
USA
September 22 2008
Rual Trade Ltd. v. Viva Trade LLC, 07-C-1015 (E.D. Wisc. Apr. 28, 2008) [click for opinion]
Plaintiff Rual Trade Ltd. (”Rual”) brought an action in state court asserting breach of contract and related claims against defendants Viva Trade LLC (”Viva”), a Wisconsin limited liability company, and Lithuanian citizens Vladimir Romanov (”Vladimir”), Roman Romanov (”Roman”) and Ukio Bankas Investicine Group (”UBIG”) (Vladimir, Roman and UBIG collectively referred to as the “Lithuanian defendants”). Defendants removed the case pursuant to 9 U.S.C. § 205, which authorizes the removal of cases relating to arbitration proceedings under the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (”New York Convention“). Once in federal court, Rual moved for a default judgment against Viva for failure to file a timely answer, and Viva and the Lithuanian defendants brought separate motions to dismiss Rual’s complaint based on forum non conveniens, lack of personal jurisdiction and failure to state a claim.
OSLO: TGS received the next pleading and the writ from the Wavefield’s counter-claim in the arbitration process between the two companies. Wavefield is claiming damages limited upwards to NOK 150 million (US$26.5 million) plus interest and costs. Wavefield claimed that the amount covers direct losses only.
Click to continue reading “Legal battle begins to rage for Wavefield, TGS”
