District Court Refuses to Vacate Award Annulled at The Seat of Arbitration Because It Would Offend Basic Standards of…

Sep 2021

In 2005, Compañía de Inversiones Mercantiles S.A. (“CIMSA”), Grupo Cementos de Chihuahua, S.A.B. de C.V. (“GCC S.A.B.”) and GCC Latinoamérica, S.A. de C.V. (“GCC Latinoamérica,” and collectively “GCC”) executed a shareholder’s agreement under which they each obtained a right of first refusal of shares in a mutually held Bolivian cement company. In late 2009, GCC communicated its intention to sell its shares in the cement company. After lengthy negotiations regarding CIMSA’s purchase of GCC’s shares, GCC claimed that CIMSA’s attempts to exercise its right of first refusal were invalid, and sold its shares to a Peruvian company instead…

Read the complete story here.

Read these next

Category

Arbitration Conversation No 60: Wendy Gonzales, Founder of Cyberarb

In this episode of the Arbitration Conversation Amy interviews Wendy Gonzales, Founder of Cyberarb (the Initiative for Cybersecurity in International Arbitration) as well as Disputes & Litigation Counsel at ASUS...

By Wendy Gonzales, Amy Schmitz
Category

Arbitration Conversation No. 56: Deborah Hylton, Fellow of the Chartered Institute of Arbitrators

In this episode of the Arbitration Conversation, Amy interviews Deborah Hylton, Fellow of the Chartered Institute of Arbitrators. Deborah is admitted to the American Arbitration Association’s Panel of Arbitrators for...

By Deborah Hylton, Amy Schmitz
Category

The Presidents and Arbitration: From Washington to Biden: An Update

This article first appeared on Securities Arbitration Alert (SAA) blog, here. I’m again updating my 2016 blog post on the Presidents and arbitration. The material that follows about the past...

By George Friedman

Find an Arbitrator

X
X
X