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International Arbitration Court Awards Chevron $700 Million In Dispute With Ecuador

THE HAGUE, Netherlands — (Mealey’s) The Permanent Court of Arbitration on March 30 issued a partial arbitration award of $700 million for Chevron Corp. and Texaco Petroleum Co. (TexPet), finding that the courts of Ecuador violated international law by delaying ruling on various disputes between...

Deflategate Update

On April 25, 2016, the United States Court of Appeals for the Second Circuit reversed a judgment from the United States District Court for the Southern District of New York that vacated an arbitration award suspending New England Patriots quarterback Tom Brady for four games. The majority opinion was...