Fed Up With A Noisy Neighbor? Strive Mediation, Not Litigation

Numerous settings the place the cross-border discovery statute has been used in an attempt to get U.S. fashion discovery in assist of overseas litigation or arbitration, together with the place the overseas proceedings occurred in Australia, India and

Numerous settings the place the cross-border discovery statute has been used in an attempt to get U.S. fashion discovery in assist of overseas litigation or arbitration, together with the place the overseas proceedings occurred in Australia, India and England. In a recent case (Interglobe v. Khanna), Skadden successfully intervened and secured an order to quash deposition and discovery subpoenas issued on a possible witness in Maryland, purportedly in aid of LCIA India arbitration in New Delhi. The Maryland federal district court accepted Skadden’s arguments and held it might not be correct for a U.S. court docket to impose its personal procedures on the arbitral course of. A New York-based non-public fairness company towards fraud claims in federal courtroom introduced by a Luxembourg firm over the acquisition and on-sale of a Quebec-based mining products company with a big presence in operations Latin America. Global Telecom and VimpelCom in an investment treaty claim against Algeria arising out of tax reassessments exceeding $1 billion, international change fines of $1.three billion and a ban on dividend distribution. In April 2014, the claims resulted in a settlement agreement providing for money funds to our purchasers of $4 billion, the free transfer of future dividends and a brand new joint venture association with the Algerian government.

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