Sentences with phrase «interest arbitration awards»

Not exact matches

As previously disclosed, the Company received a final judgment in its favor for a total of US$ 1.9 million plus interest from the US District Court for the District of Arizona in January, 2016 related to an arbitral award of R$ 7.8 million, including interest and penalties, from a Brazilian arbitration panel.

''... employees of a school district or charter school may not legally strike due to a school district or charter school's refusal to grant a salary or wage increase if the refusal is required to comply with this section; and neither a school district or charter school nor an exclusive representative mayrequest interest arbitration in relation to an increase in the rate of salary or wages that is prohibited by this section and an arbitrator may not issue an award that would increase salary or wages in a manner prohibited by this section.»

And, as it becomes more difficult to challenge domestic arbitration awards on the merits, it will be interesting to see whether Canadian courts will follow the strict rules of the French courts or the more pragmatic approach of the English courts.

The Court of Appeals remanded the case so the trial court could enter a judgment on the arbitration award and allowed plaintiffs» counsel to seek prejudgment interest at that time, but it noted the six year delay could pose a challenge to the interest award.

It found that it was common ground between the experts that under applicable Russian arbitration law at least one valid ground to set aside the award had been present, which related to the obligations on the arbitrators to disclose certain potential conflicts of interest.

This decision has been appealed and it will be interesting to see the effects the ruling will have on the enforcement of international arbitration awards.

Calunius is pleased to report that Rusoro Mining Limited has been awarded nearly US$ 1bn plus interest (totaling ca US$ 1.2 bn) in its arbitration against the government of Venezuela after circa four years of proceedings.

The Washington - based tribunal issued a unanimous award to Crystallex worth $ 1.386 billion ($ 1.2 billion for the value of Crystallex's investment in Las Cristinas plus interest), one of the largest awards in the history of investment treaty arbitration.

In the arbitration the arbitral tribunal awarded RUB 8,928,001,875.70 (around # 115 million) plus interest to Maximov (representing the balance of the SPA purchase price owed to Maximov)(the «Award «-RRB-.

5 Jul. 28, 2014)(unpublished), is an interesting one involving affirmance of an arbitration award in favor of a well - known L.A. law firm and against a sophisticated ex-client defendant, especially focusing on a very broad arbitration clause allowing for fee recovery in any dispute and for a Trope waiver.

Even though Alphamix concerned a domestic arbitral award, the attitude of the Judge in scrutinizing the arguments against the enforcement of an award when a litigant has gone through all the proper court procedures, even public interest ones, is most welcome and sends a strong signal to public bodies which choose to have their commercial disputes resolved by way of arbitration, that they should take arbitration proceedings and arbitral awards made against them seriously.

The case is of interest to parties involved with international arbitration in the region, and affirms the Singapore Courts» commitment not to interfere with arbitral awards wherever possible.

Also represented this client in a successful appeal to the Ontario Court of Appeal regarding the arbitration tribunal's jurisdiction to award interest on rental arrears.

In light of the fact that an arbitrator's award often sets a precedent for future disputes with a union and its members, our attorneys make an extra effort to ensure that a client's present and future interests are taken into consideration when making the decision to take a grievance to arbitration.

Argentina has agreed a settlement relating to five investment treaty arbitration awards, made between 2005 and 2008, pursuant to which it was ordered to pay a total of over US$ 450 million plus interest.

The court's reaction to the state's attempt to draw a distinction between submitting to arbitration proceedings and submitting to court proceedings to enforce an arbitration award was interesting.

It is submitted that the Delhi high court had considered IBA guidelines which provided that where the arbitrator currently serves or has served within the past three years, as arbitrator in another arbitration on a related issue involving one of the parties or an affiliate of one of the parties, it would amount to a failure to disclose interest and the award would be opposed to public policy of India.