Federal Judge Finds Investment Dispute Must Be Arbitrated In Guernsey

HOUSTON - A Texas federal judge on April 25 granted a motion to dismiss in favor of arbitration, finding that an oil company was required to arbitrate claims in relation to litigation financing services provided in another arbitration case pursuant to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (S&T Oil Equipment & Machinery Ltd., et al. v Juridica Investments Limited, et al., No. 11-0542, S.D. Texas; 2011 U.S. Dist. LEXIS 44176). Full story on lexis.com