Home / Arbitration / Arbitration analyses archive / 2018

Legal News

USA—court confirms $US 63 million security award against Venezuelan company (Commodities & Minerals Enterprise v CVG Ferrominera Orinoco)

Copyright © 2025 LexisNexis
Published on: 23 July 2018
Published by a Law360 reporter

Table of contents

  • What did the court decide?

Article summary

Law360: A Florida federal judge recently confirmed an arbitral decision requiring a Venezuelan state-owned mining company to post nearly $US 63 million in security during an ongoing iron ore-related contracts dispute with a British Virgin Islands company, finding no reason to vacate or alter the award.

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Related documents:

8 News
View More
4 Practice notes
View More
Powered by Lexis+®

Related documents:

8 News
View More
4 Practice notes
View More

Popular documents

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Template for regulatory references given by SMCR firms and disclosure requirements

Template for regulatory references given by SMCR firms and disclosure requirements[Insert addressee details]Dear [insert name][It is our understanding that [insert name of prospective employee] [was an employee of yours between the dates of [insert dates as appropriate] OR is a current employee of