Arbitration

Signature Resolution Expands Nationwide with Virtual Mediation Services

Thursday, September 24, 2020 - 11:00am

LOS ANGELES, Sept. 24, 2020 /PRNewswire-PRWeb/ --Signature Resolution, an alternative dispute resolution firm comprised of Southern California's most respected neutrals, is now resolving disputes nationwide.

Key Points: 
  • LOS ANGELES, Sept. 24, 2020 /PRNewswire-PRWeb/ --Signature Resolution, an alternative dispute resolution firm comprised of Southern California's most respected neutrals, is now resolving disputes nationwide.
  • "The pandemic has given us the opportunity to help resolve disputes outside of California," said Dario Higuchi, managing member of Signature Resolution.
  • The founding partners formed Signature Resolution to provide the highest level of service and sophistication for attorneys and their clients.
  • For more information on the firm's mediation, arbitration and other dispute resolution services, visit https://signatureresolution.com .

Genmab Commences Binding Arbitration of Two Matters Under License Agreement with Janssen

Tuesday, September 22, 2020 - 10:04pm

Copenhagen, Denmark; September 22, 2020 Genmab A/S (Nasdaq: GMAB) announced today that it has commenced binding arbitration of two matters arising under its license agreement with Janssen Biotech, Inc. (Janssen) relating to daratumumab.

Key Points: 
  • Copenhagen, Denmark; September 22, 2020 Genmab A/S (Nasdaq: GMAB) announced today that it has commenced binding arbitration of two matters arising under its license agreement with Janssen Biotech, Inc. (Janssen) relating to daratumumab.
  • Under the license agreement, Genmab is, among other things, entitled to royalties from Janssen on sales of daratumumab (marketed as DARZALEX for intravenous administration and, in the United States, as DARZALEX FASPRO for subcutaneous administration).
  • While Genmab intends to vigorously protect its rights under the agreement, the outcome of any arbitration proceeding, as well as its duration, is inherently uncertain.
  • Based on currently available information, Genmab does not expect these matters to materially affect its 2020 financial guidance.

The Hague Court Rules for Chevron in Ecuador Dispute

Wednesday, September 16, 2020 - 11:50pm

The District Court of The Hague today ruled in favor of Chevron Corporation in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.

Key Points: 
  • The District Court of The Hague today ruled in favor of Chevron Corporation in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.
  • The court held that because none of the setting aside grounds brought forward by Ecuador succeed, the claims will be denied.
  • Even Ecuador finally admitted in a public filing earlier this year that the $9.5 billion judgment issued by its courts against Chevron is fraudulent.
  • Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com .

TCA Compliance to Deliver BankersOnline Webinar about Mastercard and Reg E Error Resolution

Thursday, September 3, 2020 - 2:00pm

CHICAGO, Sept. 3, 2020 /PRNewswire-PRWeb/ --Brian Crow, CAMS Co-president/Managing Partner of Chicago-based TCA Compliance, will present a BankersOnline Learning Connect Webinar, "Mastercard & Reg E Error Resolution," on October 16 at 10 a.m.

Key Points: 
  • CHICAGO, Sept. 3, 2020 /PRNewswire-PRWeb/ --Brian Crow, CAMS Co-president/Managing Partner of Chicago-based TCA Compliance, will present a BankersOnline Learning Connect Webinar, "Mastercard & Reg E Error Resolution," on October 16 at 10 a.m.
    During the two-hour event, he will discuss Mastercard's recently revised arbitration process for more complex claims.
  • Institutions that do not understand the new requirements, issued in July, could end up paying claims that they are not required to.
  • Knowing what information is needed to successfully recover funds via the chargeback process while not running afoul of investigation obligations under Reg E is a delicate tightrope.
  • "In addition to complying with the federal regulation, institutions must also comply with their contractual obligations to Mastercard," says Crow.

Daniel Charest Named Among Nation's "Winning Litigators"

Tuesday, September 1, 2020 - 6:58pm

DALLAS, Sept. 1, 2020 /PRNewswire/ -- Daniel Charest, founding partner of Burns Charest LLP, is one of only 26 attorneys in the nation recognized as a 2020 "Winning Litigator" by the National Law Journal.

Key Points: 
  • DALLAS, Sept. 1, 2020 /PRNewswire/ -- Daniel Charest, founding partner of Burns Charest LLP, is one of only 26 attorneys in the nation recognized as a 2020 "Winning Litigator" by the National Law Journal.
  • Among other significant victories, in July 2019 Charest worked on a litigation team that obtained an international arbitration ruling in favor of the firm's client, Dallas-based Kosmos Energy.
  • In addition to the London arbitration, Charest led related litigation involving subsidiaries in Houston.
  • When offering trial tips for success in the courtroom, Charest told the NLJ: "Become the person the judge believes.

Justice Not Delayed in $4.4 Million Arbitration Award for Ervin Cohen & Jessup Client Litigated via Zoom

Tuesday, August 18, 2020 - 1:22am

In the midst of the pandemic, rather than delaying justice, Ervin Cohen & Jessup LLP Partner Geoff Gold adjusted, litigating by Zoom and winning a $4.4 million award issued on August 13, 2020 by a three-arbitrator panel with the American Arbitration Association (AAA).

Key Points: 
  • In the midst of the pandemic, rather than delaying justice, Ervin Cohen & Jessup LLP Partner Geoff Gold adjusted, litigating by Zoom and winning a $4.4 million award issued on August 13, 2020 by a three-arbitrator panel with the American Arbitration Association (AAA).
  • Arbitrators are super busy trying these cases by Zoom and lawyers are having to adapt and change the way they present cases, said Gold.
  • ECJ client Leona Horowitz had claimed that various business partners had, over the years, committed financial elder abuse by withholding millions of dollars invested in real estate.
  • At the conclusion of the 12-day Zoom arbitration, Gold won an award against the transferees for the unsatisfied portion of the judgment.

USCIB Announces the Appointment of Peter Sherwin as Chair of its Arbitration Committee

Friday, July 31, 2020 - 7:16pm

NEW YORK, July 31, 2020 /PRNewswire/ --The United States Council for International Business (USCIB), the U.S. affiliate of several global business organizations, including the International Chamber of Commerce (ICC), announced today the appointment of Peter Sherwin as Chair of its Arbitration Committee.

Key Points: 
  • NEW YORK, July 31, 2020 /PRNewswire/ --The United States Council for International Business (USCIB), the U.S. affiliate of several global business organizations, including the International Chamber of Commerce (ICC), announced today the appointment of Peter Sherwin as Chair of its Arbitration Committee.
  • Sherwin, who is also head of the International Arbitration Group at Proskauer, has been a USCIB member since 2007 and will succeed Grant Hanessian, who served as chair since 2015.
  • "It has been an honor to have served as chair of USCIB's Arbitration Committee," said Hanessian.
  • USCIB President and CEO Peter Robinson added: "We are grateful to Grant for his dedication and leadership, which has improved the function of our Arbitration Committee.

Ottiwell Simmons Arbitration Center in Bermuda Breaks Ground!

Thursday, July 30, 2020 - 9:36pm

The Government of Bermuda and Milhouse broke ground yesterday on what will be a new international arbitration center developed as part of a public-private partnership.

Key Points: 
  • The Government of Bermuda and Milhouse broke ground yesterday on what will be a new international arbitration center developed as part of a public-private partnership.
  • One of these projects was the five-story Ottiwell Simmons International Arbitration Centre, which Milhouse proposed as a public-private partnership with no upfront costs to the Government.
  • On hand for the ceremony today was Ottiwell Simmons, a veteran union leader and activist, who said he supported the creation of an arbitration center in his name, to help to address the type of disputes he faced during his time on the frontline.
  • We will ensure that you, Mr. Ottiwell Simmons, and all Bermudians will be proud of this project.

AAA® Selected to Administer New York State's Civil Commotion Mediation Program

Thursday, July 23, 2020 - 1:38pm

NEW YORK, July 23, 2020 /PRNewswire/ --The American Arbitration Association (AAA) announces it has been named the designated administrator of the new Civil Commotion Mediation Program established by the New York State Department of Financial Services.

Key Points: 
  • NEW YORK, July 23, 2020 /PRNewswire/ --The American Arbitration Association (AAA) announces it has been named the designated administrator of the new Civil Commotion Mediation Program established by the New York State Department of Financial Services.
  • This initiative is a voluntary program for individuals and small business owners with claims against New York-licensed insurers for property loss or damage which occurred during riots or civil commotion throughout New York State.
  • Linda A. Lacewell, Superintendent of the New York State Department of Financial Services, selected the AAA to administer the Civil Commotion Mediation Program under procedures and standards she has approved.
  • Due to COVID-19 concerns and restrictions, mediation sessions will be conducted by videoconference until further notice.

BRG Recognized Among Top Expert Witness Firms for International Arbitration in GAR 100

Tuesday, July 14, 2020 - 7:45pm

NEW YORK, July 14, 2020 /PRNewswire/ -- Global Arbitration Review ranked Berkeley Research Group (BRG) among the top four firms in the GAR 100 Expert Witness Firms' Power Index at its annual awards ceremony, held online as part of the adapted Paris Arbitration Week.

Key Points: 
  • NEW YORK, July 14, 2020 /PRNewswire/ -- Global Arbitration Review ranked Berkeley Research Group (BRG) among the top four firms in the GAR 100 Expert Witness Firms' Power Index at its annual awards ceremony, held online as part of the adapted Paris Arbitration Week.
  • "We are delighted to be ranked among the world's foremost expert witness firms for international arbitration," said Santiago Dellepiane , co-chair of BRG's Economics & Damages community.
  • GAR also noted BRG's addition of several experts with energy arbitration expertise, including Managing Directors Peter Bird and Kenneth Grant , based in Singapore and Boston, respectively.
  • BRG also maintained its fifth-place ranking in energy, oil and gas-related hearings, with GAR noting its prominent energy work (including one claim of $1.1 billion).