Arbitration

Sunniva Announces Arbitration and Financial Update

Retrieved on: 
Friday, July 9, 2021

VANCOUVER, BC, July 8, 2021 /CNW/ - Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) announces an update on arbitration in Southern California as well as current information on the Company's financial state.

Key Points: 
  • VANCOUVER, BC, July 8, 2021 /CNW/ - Sunniva Inc. ("Sunniva", the "Company") (CSE: SNN) (OTC Pink Sheets: SNNVF) announces an update on arbitration in Southern California as well as current information on the Company's financial state.
  • Additionally, the Company has submitted a claim to its insurance company for insurance reimbursement for arbitration related expenses.No assurance can be provided on whether the Company will prevail with the arbitration insurance claim.
  • All of the securities of Sunniva remain subject to the cease trade order applicable to securities of the Company issued on June 22, 2020, for failure to file certain financial documents (the "Cease Trade Order") until such Cease Trade Order is fully revoked.
  • Sunniva assumes no obligation to update any forward-looking information or statements, even if new information becomes available as a result of future events, new information or for any other reason except as required by law.

JLG Represents Independent Pharmacies in Defeating OptumRx's Arbitration Clause

Retrieved on: 
Thursday, July 8, 2021

Destroying their unconscionable arbitration clause is a huge win."

Key Points: 
  • Destroying their unconscionable arbitration clause is a huge win."
  • JLG lawyers led by Mark Cuker defeated Optum's arbitration clause in the California Superior Court for Alameda county.
  • Destroying their unconscionable arbitration clause is a huge step in ripping away the curtain and exposing their dirty secrets".
  • JLG provides winning business & litigation services and represents nearly 1,000 independent pharmacies nationwide pursuing claims for PBM abuses.

Timeshare Fraud Case Against Wyndham Proceeds, Judge Calls Wyndham's Argument "Borderline Frivolous"

Retrieved on: 
Thursday, July 8, 2021

Promised a timeshare vacation during the entire month of August in Colorado or Newport, RI; the Shorrock's signed on the dotted line.

Key Points: 
  • Promised a timeshare vacation during the entire month of August in Colorado or Newport, RI; the Shorrock's signed on the dotted line.
  • However, when the couple tried to book the timeshare they purchased, they were unable to book even one week.
  • "For two years, Wyndham's been trying to dismiss this case," says Attorney Sussman.
  • First, Wyndham's team attempted to have the case transferred to the American Arbitration Association (AAA).

Centerra Gold Brings Additional Claims in Arbitration Against the Kyrgyz Republic and Names Kyrgyzaltyn JSC as a Co-Respondent over Seizure of the Kumtor Mine

Retrieved on: 
Wednesday, July 7, 2021

The amended notice adds claims against Kyrgyzaltyn JSC, the gold refining monopoly in the Kyrgyz Republic and Centerras largest shareholder.

Key Points: 
  • The amended notice adds claims against Kyrgyzaltyn JSC, the gold refining monopoly in the Kyrgyz Republic and Centerras largest shareholder.
  • Centerra has requested that the Permanent Court of Arbitration in the Hague designate an appointing authority to select an arbitrator promptly.
  • Centerra owns three mines, the Kumtor Mine in the Kyrgyz Republic, the Mount Milligan Mine in British Columbia, Canada and the kst Mine in Turkey.
  • The words believe, expect, anticipate, contemplate, plan, intends, continue, budget, estimate, may, will, schedule, understand and similar expressions identify forward-looking information.

Huya-owned Nimo TV Wins Arbitration Award against Moroccan Livestreamer's Contractual Breach

Retrieved on: 
Monday, July 5, 2021

GUANGZHOU, China, July 5,2021 /PRNewswire/ -- Nimo TV, HUYA Inc.'s ("Huya", NYSE: HUYA) international live streaming platform, recently initiated an emergency arbitrator (EA) procedure at the Singapore International Arbitration Centre (SIAC) against a Moroccan streamer for breaching an Exclusive Cooperation Agreement with Nimo TV.

Key Points: 
  • GUANGZHOU, China, July 5,2021 /PRNewswire/ -- Nimo TV, HUYA Inc.'s ("Huya", NYSE: HUYA) international live streaming platform, recently initiated an emergency arbitrator (EA) procedure at the Singapore International Arbitration Centre (SIAC) against a Moroccan streamer for breaching an Exclusive Cooperation Agreement with Nimo TV.
  • The injunction by the SIAC directs that the Moroccan streamer is restrained from carrying out live streaming on platforms, websites, and applications that are not operated by Nimo TV.
  • Contrary to this belief, live streaming platforms, including Nimo TV, highly value the commercial potential of streamers and view them as important partners in content production.
  • Nimo TV is now seeking recognition and enforcement of the arbitration decision in the court of Morocco, the streamer's home country, to secure its interests by legal means.

Tribunal award ordering Nop Narongdej payment to Nopporn Suppipat reversed by Singapore Court of Appeal

Retrieved on: 
Wednesday, June 30, 2021

The Tribunal order amounted to USD525 million plus interest as well as the costs of the arbitration.

Key Points: 
  • The Tribunal order amounted to USD525 million plus interest as well as the costs of the arbitration.
  • The Singapore Court of Appeal ruling is binding.
  • In a complex ruling, the Court of Appeal found the Tribunal without authority to deliberate matters of Compounded Payments and therefore the decision on the Remaining Amounts has no legal effect.
  • The Tribunal decision ordering Fullerton and KPNEH to pay arbitration costs was also revoked by the Singapore Court of Appeal.

Wolters Kluwer's U.S. COVID-19 Solution Named a Winner in the 2021 SIIA Business Technology CODiE Awards

Retrieved on: 
Wednesday, June 30, 2021

NEW YORK, June 30, 2021 /PRNewswire/ -- Wolters Kluwer Legal & Regulatory U.S. today announced that the U.S. COVID-19 Solution won the 2021 SIIA Business Technology CODiE Award for the Best Business Information or Data Delivery Solution.

Key Points: 
  • NEW YORK, June 30, 2021 /PRNewswire/ -- Wolters Kluwer Legal & Regulatory U.S. today announced that the U.S. COVID-19 Solution won the 2021 SIIA Business Technology CODiE Award for the Best Business Information or Data Delivery Solution.
  • In response to the COVID-19 pandemic, Wolters Kluwer Legal & Regulatory U.S. launched an extensive suite of information to assist legal professionals and the public.
  • Wolters Kluwer Legal & Regulatory U.S. was named a 2021 CODiE Award finalist for five products including Cheetah for Corporate Counsel for Best Legal Solution, Kluwer Arbitration Practice Plus for Best Legal Solution, and Kluwer Competition Law was nominated in both the Best Legal Solution and Best Data Tools and Platforms categories.
  • For more information about Wolters Kluwer Legal & Regulatory U.S., visit www.WoltersKluwerLR.com , follow us on Facebook , Twitter and LinkedIn .

Tycko & Zavareei LLP: Court Rules Ring Must Face Hacking Lawsuit In Court

Retrieved on: 
Friday, June 25, 2021

The lawsuit was brought after several families' homes were hacked via Ring's security cameras.

Key Points: 
  • The lawsuit was brought after several families' homes were hacked via Ring's security cameras.
  • The Court disagreed and stated that "extending Ring's definition of Authorized User to anyone who is knowingly or unknowingly surveilled by a Ring devicewhich is essentially what Ring proposeswould lead to absurd and unjust results."
  • Too often consumers' privacy and security are left in the hands of large corporations with unfair arbitration provisions," said Hassan Zavareei of Tycko & Zavareei, lead interim class counsel.
  • Tycko & Zavareei LLP was founded in 2002 by Jonathan Tycko and Hassan Zavareei, experienced practitioners intent on building a new kind of practice a private law firm with top-tier attorneys serving the public interest.

Orion Engineered Carbons Settles Dispute with Former Owner Evonik Over Indemnity Claims from The Acquisition of Evonik’s Global Carbon Black Business in 2011

Retrieved on: 
Monday, June 21, 2021

According to the settlement, Evonik agrees to make a one-time cash payment of 66.55 million (approximately $79.3 million) to Orion which resolves the claims and counterclaims the parties raised in the arbitration.

Key Points: 
  • According to the settlement, Evonik agrees to make a one-time cash payment of 66.55 million (approximately $79.3 million) to Orion which resolves the claims and counterclaims the parties raised in the arbitration.
  • The settled dispute between Orion and Evonik originates from the acquisition of the carbon black business by Rhne Capital and Triton after the business was spun-out of Evonik in 2011.
  • Under the Consent Decree, Orion became obligated to install certain capital-intensive pollution control equipment at its U.S. carbon black plants.
  • In June 2019, Orion initiated arbitration proceedings to enforce its environmental indemnity claims against Evonik, and Evonik in turn submitted certain counterclaims related to tax indemnities and cost reimbursements against Orion.

Leading International Arbitration Partner Martin Gusy Joins Bracewell in New York

Retrieved on: 
Tuesday, June 15, 2021

NEW YORK, June15, 2021 /PRNewswire/ --Bracewell LLPannounced today that Martin F. Gusy has joined the firm as a partner in the New York office to help lead the firm's international arbitration practice.

Key Points: 
  • NEW YORK, June15, 2021 /PRNewswire/ --Bracewell LLPannounced today that Martin F. Gusy has joined the firm as a partner in the New York office to help lead the firm's international arbitration practice.
  • Gusy previously was a partner at K&L Gates, where he served as co-head of the international arbitration practice.
  • He has played a leading role in more than 100 high-stakes international dispute resolution, international commercial arbitration, investor-state/investment arbitration, US litigation and corporate matters.
  • "Bracewell has an excellent reputation within the international arbitration community, especially on cross-border disputes in the energy and infrastructure sectors," said Gusy.