Arbitral tribunal

Reliability Incorporated (RLBY) Updates Investors on the Ongoing Litigation against the Vivos Group.

Retrieved on: 
Thursday, March 7, 2024
MMG, Receiver, Arbitral tribunal, Circuit court, Ridesharing

The arbitrator also appointed a rehabilitative receiver to collect Reliability’s portion of the judgments.

Key Points: 
  • The arbitrator also appointed a rehabilitative receiver to collect Reliability’s portion of the judgments.
  • Thus, Reliability and MMG now, have final judgments which the appointed Receiver is now eligible to collect.
  • The Rehabilitative Receiver appointed by the Arbitrator is currently working on a plan to enable Reliability to collect the Awards.
  • During the receivership, Vivos Group shareholders shall not be entitled to vote any of their shares in Reliability at any annual or special meetings of the shareholders.

International Tribunal orders Trafigura to pay US$ 42,500,000, plus interest, to a subsidiary of Southern Peaks Mining LP

Retrieved on: 
Tuesday, March 5, 2024
Acquisition, Arbitral tribunal, Enfariné noir, Tribunal, Commerce, SPA, Property management

LIMA, Peru, March 05, 2024 (GLOBE NEWSWIRE) -- Southern Peaks Mining LP is pleased to advise that an international arbitration tribunal has ordered Urion Mining International B.V. (“Urion”) to pay its subsidiary, Ariana Management Corporation, S.A.C.

Key Points: 
  • LIMA, Peru, March 05, 2024 (GLOBE NEWSWIRE) -- Southern Peaks Mining LP is pleased to advise that an international arbitration tribunal has ordered Urion Mining International B.V. (“Urion”) to pay its subsidiary, Ariana Management Corporation, S.A.C.
  • As per the terms and conditions of the SPA, Trafigura Beheer B.V. is jointly and severally liable for the payment obligation, including interest.
  • In 2021, Ariana referred its SPA dispute with Urion to international arbitration at the Chamber of Commerce of Lima.
  • Southern Peaks Mining LP’s CEO, Mr. Adolfo Vera, commented on the Tribunal’s decision:
    “We are pleased that the Tribunal granted a proportion of our claims.

Wealth Solutions Report Welcomes Brian Hamburger, Founder of MarketCounsel, To Editorial Advisory Board

Retrieved on: 
Tuesday, November 14, 2023
Editorial, Multimedia, Growth, Advertising, Social media, WSR, Financial plan, Executive, Management, Arbitral tribunal

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- Wealth Solutions Report (WSR) – the fast-growing B2B digital media platform featuring wealth management-focused commentary, insights and analysis – today announced that Brian Hamburger, a widely recognized wealth management industry leader – has joined its Editorial Advisory Board, which now encompasses 14 of the wealth management industry's top executives.

Key Points: 
  • Board Expansion Reflects Continued Growth Of WSR's Community Of Wealth Management Industry Professionals, Entrepreneurs And Executives
    NEW YORK, Nov. 14, 2023 /PRNewswire/ -- Wealth Solutions Report (WSR) – the fast-growing B2B digital media platform featuring wealth management-focused commentary, insights and analysis – today announced that Brian Hamburger, a widely recognized wealth management industry leader – has joined its Editorial Advisory Board, which now encompasses 14 of the wealth management industry's top executives.
  • Hamburger is the founder, president and CEO of MarketCounsel Consulting and founder and chief counsel of the Hamburger Law Firm, having founded both firms back in 2000.
  • Larry Roth, Founder and CEO of Wealth Solutions Report, said, "I'm delighted to welcome Brian Hamburger to our Editorial Advisory Board of industry leaders across the wealth management space.
  • In December 2022, Joan Khoury, Andy Kalbaugh and Bomy Hagopian joined WSR's Editorial Advisory Board.

The Inner Circle Acknowledges, Ms. Mary T. Vidas acknowledged as a Lifetime Achiever Family Law 2023 for her contributions to the field of Law

Retrieved on: 
Thursday, November 2, 2023
Well, New Jersey State Bar Association, Golf, Marriage, American Bar Association, Divorce, Insurance, Pennsylvania Bar Association, Education, ABA, Family, Arbitral tribunal, PICPA, Georgetown University, Social media, Impact, Philadelphia Eagles, Friends, Multimedia, Blank Rome, Temple University, Inner circle, Thought, American Academy, Pennsylvania Institute of Technology, Bachelor of Science, Satellite navigation device, Nursing

PHILADELPHIA, Nov. 2, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Ms. Mary T. Vidas is acknowledged as a Lifetime Achiever Family Law 2023 for her contributions to the field of Law.

Key Points: 
  • PHILADELPHIA, Nov. 2, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Ms. Mary T. Vidas is acknowledged as a Lifetime Achiever Family Law 2023 for her contributions to the field of Law.
  • Ms. Mary T. Vidas pursued higher education at Georgetown University where she earned a Bachelor of Science degree.
  • While at Georgetown, she developed an interest in the field of Law, prompting her to return home to attend Law school at Temple University.
  • With more than 36 years in the field, Ms. Vidas has represented clients in domestic relations and family law as well as specializing in matrimonial and family law.

Ipsen delivers solid sales growth in the first nine months of 2023 and confirms its full-year guidance

Retrieved on: 
Thursday, October 26, 2023
FDA, American Association for the Study of Liver Diseases, FY, Food, Progression-free survival, International, Heart, Hepatology, Committee, ADR, Rare disease, GMT, European Directive on Traditional Herbal Medicinal Products, CER1, Commerce, Arbitral tribunal, News, Symantec Endpoint Protection, European Medicines Agency, Alagille syndrome, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Research, ALGS, Cabozantinib, AB toxin, Webcast, Partnership, IPN, U.S. FDA, EMA, Primary biliary cholangitis, Committee for Medicinal Products for Human Use, Ipsen, Patient, YTD, AASLD, Fine chemical, Pharmaceutical industry, Cryptocurrency, Euronext, Neuroscience, Oncology, Odevixibat

Our portfolio has performed well across the three therapy areas, driven by strengthened commercial execution and the results of our external-innovation strategy.

Key Points: 
  • Our portfolio has performed well across the three therapy areas, driven by strengthened commercial execution and the results of our external-innovation strategy.
  • Based on the solid sales momentum, today we are confirming our guidance for the full year.
  • This was despite a positive opinion from the Committee for Medicinal Products for Human Use in July 2023.
  • The Company is planning to host a capital-markets event, starting at 12.30pm GMT on 7 December 2023 in London.

Dr. Raza Bokhari, Former Executive Chairman and CEO of FSD Pharma, Provides Litigation Update

Retrieved on: 
Monday, October 16, 2023
Bias, Arbitration, Court, Arbitral tribunal, Drug development, US Foods, FDA, Arbitration award, FSD, Section 11 of the Canadian Charter of Rights and Freedoms, Blake, Cassels & Graydon

Files a Motion For Leave Of Court and raises concern over investment strategy of FSD Pharma

Key Points: 
  • Philadelphia, Pennsylvania--(Newsfile Corp. - October 16, 2023) - Dr. Raza Bokhari, the former CEO and Executive Chairman of FSD Pharma intends to challenge the fairness of the Court proceedings recently held in Toronto, Canada.
  • Counsels for Dr. Bokhari have filed a motion for leave to appeal the recent decision of the Commercial List Court.
  • The purpose of the appeal is to set aside the Arbitral Award issued by Arbitrator J. Douglas Cunningham in November 2022, relating to FSD Pharma's termination of Dr. Bokhari's employment.
  • The non-disclosure is contrary to the Arbitrator's disclosure obligations under Section 11 of the Ontario Arbitration Act, 1991, S.O.

Ipsen updates on QM-1114 regulatory process

Retrieved on: 
Tuesday, October 3, 2023
IPN, Intellectual property, Partnership, International, Arbitral tribunal, ADR, Symantec Endpoint Protection, Galderma, CMC, Biologics license application, ICC, Tribunal, FDA, Commerce, Practice of law, Ipsen, Euronext

Furthermore, on 28 September 2023, the Arbitral Tribunal of the International Chamber of Commerce (ICC) issued a final decision on arbitration proceedings that Galderma initiated against Ipsen.

Key Points: 
  • Furthermore, on 28 September 2023, the Arbitral Tribunal of the International Chamber of Commerce (ICC) issued a final decision on arbitration proceedings that Galderma initiated against Ipsen.
  • The result of this arbitration is that any regulatory applications for QM-1114 in the partnership territories submitted by Galderma shall be assigned to Ipsen as the owner of the intellectual property and marketing authorization of QM-1114.
  • Galderma remains responsible for development, regulatory filing strategy, manufacturing and commercialization.
  • As such, the Tribunal declared that Galderma has the right to decide on QM-1114’s regulatory strategy.

University of Phoenix Senior Director of Accreditation and Online Education Hal Morgan Now Also Serving as a Council for Higher Education Accreditation Arbitrator

Retrieved on: 
Thursday, August 3, 2023
Education, Training, Continuing, University, Online, Higher Learning Commission, Council for Higher Education Accreditation, HLC, Accreditation Council for Business Schools and Programs, MBA, Person, Commissioner, University of Phoenix, Organization, Business school, Student, Council, Morgan, Accreditation Council, Arbitral tribunal, CHEA, ACBSP, Nursing, Accreditation

University of Phoenix is pleased to announce that Hal D. Morgan, MBA, senior director of Accreditation and Online Education, now also serves as an Arbitrator with the Council for Higher Education Accreditation (CHEA), a nonprofit organization which serves its members, students, and society through advocacy for the value and independence of accreditation, recognition of accrediting organizations and commitment to quality in higher education.

Key Points: 
  • University of Phoenix is pleased to announce that Hal D. Morgan, MBA, senior director of Accreditation and Online Education, now also serves as an Arbitrator with the Council for Higher Education Accreditation (CHEA), a nonprofit organization which serves its members, students, and society through advocacy for the value and independence of accreditation, recognition of accrediting organizations and commitment to quality in higher education.
  • The training is rigorous and those selected like Hal Morgan will bring significant expertise to the process,” states Cynthia Jackson Hammond, President, Council for Higher Education Accreditation.
  • “The Council for Higher Education Accreditation has been a leader and a pillar of quality in the education space, and I'm thrilled to be a part of it,” shares Morgan.
  • As senior director of Accreditation and Online Education, Morgan oversees institutional accreditation, business accreditation, and online education quality assurance and continuous improvement.

Gerard Fox Law Loses $30 Million Claim, Arbitrator Awards over $7 Million to Wrongfully Accused, Announces Camping World

Retrieved on: 
Thursday, July 6, 2023
JAMS, Media contacts database, Superior court, Latham & Watkins, CNBC, RET, Lemonis, The Profit, Scholastic Corporation, Arbitral tribunal, Camping World, Fraud, NYSE, Television, Ridesharing, Camping

LOS ANGELES, July 6, 2023 /PRNewswire/ -- Camping World, Inc., a subsidiary of Camping World Holdings, Inc. (NYSE: CWH) won a total victory over sweeping claims of fraud and misconduct arising from the unscripted television series on CNBC, The Profit. The publicly-filed complaint sought in excess of $30 million and punitive damages. 

Key Points: 
  • The publicly-filed complaint sought in excess of $30 million and punitive damages.
  • The baseless claims were brought by Gerard Fox Law on behalf of the estate of Precise Graphix, a participant on multiple episodes of The Profit.
  • Not only did Judge Jones reject every single one of the claims, but she also awarded over $7 million to the defendants.
  • "We are thrilled the Arbitrator rejected all 14 inflammatory claims brought by Mr. Fox," said Camping World's outside counsel Eric Swibel and Rob Ellison of Latham & Watkins LLP.

Ecopetrol informs about an arbitration decision issued in favor of Reficar S.A.S.

Retrieved on: 
Thursday, June 8, 2023
Permian, International, Arbitral tribunal, Engineering, Telecommunications, CB, Construction, EPC, Construction contract, Multimedia, XM, Limited, Acquisition, Gulf of Mexico, ISA, BVC, International Chamber of Commerce, Growth, Ecopetrol, Transport, CB&I, EC, NYSE, Behavior, Commerce, Airline, Cryptocurrency, Practice of law

The unanimous decision of this Arbitral Tribunal confirmed the liability of the contractor CB&I for breaching its obligations under the EPC Contract.

Key Points: 
  • The unanimous decision of this Arbitral Tribunal confirmed the liability of the contractor CB&I for breaching its obligations under the EPC Contract.
  • The Arbitral Tribunal sentenced CB&I to the payment of more than one (1) billion dollars in favor of Reficar plus the interests caused since December 31, 2015.
  • Additionally, the tribunal dismissed CB&I's claims for approximately US$400 million and ordered the liquidation of the EPC Contract, as requested by Reficar.
  • The decision of the Arbitral Tribunal may be subject to formal corrections and clarifications at the request of the parties.