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- Second Circuit Unanimously Affirms Confirmation of Favorable Arbitration Award
Second Circuit Unanimously Affirms Confirmation of Favorable Arbitration Award
Carter Ledyard obtained a unanimous decision of the United States Court of Appeals for the Second Circuit affirming a federal court judgment confirming an arbitration award of more than $12 million for our client Oakley Fertilizer, Inc., a U.S.-based international commodity trading company. The Second Circuit upheld the judgment confirming an arbitration award issued by the AAA’s International Centre for Dispute Resolution relating to transactions with an Egyptian commodity trading company involving bulk commodity products (sourced primarily from Egypt, Russia, and Ukraine). The Egyptian trading company previously contested the arbitrability of the dispute, but our client prevailed in federal court on the arbitrability issue and then prevailed in the arbitration on the merits. When Oakley sought to confirm the arbitration award, the Egyptian trading company argued that the arbitration was improper and that the court should not confirm the award. The court ruled in our favor, holding that the law of the case doctrine precluded the court from revisiting the prior decision compelling arbitration and issued the judgment for more than $12 million. When the Egyptian trading company appealed, the Second Circuit unanimously affirmed the lower court ruling upholding the arbitration award.
On November 1, Carter Ledyard client CooperSurgical, Inc. completed its previously announced purchase of the assets and global rights and business of the PARAGARD® Intrauterine Device (IUD) product from Teva…
On behalf of its client, Suffolk County, Carter Ledyard successfully defeated an application by certain oceanfront property owners on Fire Island to preliminarily enjoin the County from acquiring easements on their…
Carter Ledyard partner, Steven Paul McSloy, spoke on Federal Indian law and policy at the California Tribal College’s Certificate Program in Tribal Leadership & Governance at Yocha Dehe Wintun Nation in Brooks,…
Ignites quoted Carter Ledyard Counsel Valentino Vasi on the potential effect new guidelines for reporting cybersecurity breaches to investors will have on public companies.
Carter Ledyard & Milburn LLP is pleased to announce that Ahsaki Benion has joined the firm as a Counsel in our Tax Exempt Organizations practice.
Carter Ledyard hosted a roundtable discussion and networking reception on October 26, 2017 focused on cybersecurity issues within the financial services industry.
On January 16, 2016, after years of intense negotiations and numerous interim agreements, the United States, the United Kingdom, Germany, France, Russia and China (the five permanent members of the United Nations Security…
CL&M client Global SC Finance SRL completed a refinancing of an existing series of asset backed notes involving an extension of the maturity and increase in the aggregate principal amount.
Carter Ledyard helped one of its merchant cash advance clients prevail in a litigation in which a merchant sought to vacate a judgment entered against it by our client based on an affidavit of confession of judgment.
Forty-four Carter Ledyard & Milburn LLP attorneys were selected for inclusion in the 2017 Super Lawyers® - New York Metro. Super Lawyers® recognizes top lawyers via a patented multiphase selection process involving…
New York State has taken another important step forward on promoting off-shore wind energy development.
Ten basic considerations for carrying out environmental due diligence
Client Advisory written by Christine Fazio and Julie Weisman, August 22, 2017
Carter Ledyard & Milburn LLP is pleased to announce that Charles G. Berry joined the firm as a partner in its Litigation Department. Mr. Berry represents US and foreign banks and businesses, and has achieved many trial,…