Edison SpA will seek arbitration as the Italian natural-gas arm of Electricite de France SA failed to renegotiate long-term deals with OAO Gazprom on Russia supply and Eni SpA over Libyan supply to better reflect market prices.
South Africa proposed a new law to safeguard investors’ interests after ending more onerous bilateral treaties with some trading partners, a change the main opposition party says could dent confidence in Africa’s largest economy.
Dentons LLP, the 2,600-lawyer global law firm, and McKenna Long & Aldridge LLP, a 575-lawyer firm, will put their proposed merger to a vote of partners in the next two weeks, both firms confirmed in an e-mail.
Inez Tenenbaum, the chairman of the U.S. Consumer Product Safety Commission since 2009, is joining Nelson Mullins Riley & Scarborough LLP on Dec. 1. She will work with the law firm’s product safety, risk prevention and regulatory practice group.
CEZ AS, the Czech power utility, said it’s open to talks with Albania about possibly dropping an international arbitration suit it filed after the Balkan state revoked its license and seized its assets there this year.
A former Ecuadorean judge who presided over a pollution case against Chevron Corp. testified that he and a colleague who issued a $19 billion judgment against the company in the environmental lawsuit were bribed.
Dana Gas PJSC, a United Arab Emirates fuel producer, began arbitration proceedings in London on rights and money owed from an oil development contract it signed with the Kurdistan regional government of Iraq in 2007.
The New York International Arbitration Center will open its doors in late spring, the organization said in a statement. The center, founded with support from 33 law firms, aims to promote international arbitration in New York.