Arbitration

Bridgewater Associates CEO's Romantic Involvement Sparks Lawsuit Sent to Arbitration

3 days ago

In a significant turn of legal events, Bridgewater Associates, the renowned hedge fund firm founded by Ray Dalio, is embroiled in a lawsuit that delves into the personal life of its CEO, David McCormick. The lawsuit, which has now been assigned to arbitration, focuses on allegations relating to McCormick's romantic relationship, purportedly raising questions about workplace conduct and company ethics.

Brookfield Launches $2.7 Billion Arbitration Against Peru over Toll Road Investments

21 days ago

In a significant development in international investment disputes, Brookfield Asset Management has initiated a $2.7 billion arbitration process against the government of Peru. This move comes as tensions have escalated over the management and profitability of toll road projects in the South American nation. The arbitration, filed in accordance with the provisions of the Canada-Peru Free Trade Agreement, raises questions about how foreign investments are treated in emerging markets.

Angola Ensures Transparency in Arbitration Over Controversial Facility

2 months ago

In a recent development, the Angolan government has asserted that it has made full disclosures regarding the contentious facility currently under arbitration. This comes amidst rising scrutiny and concerns over transparency in dealings related to the facility, which has been the subject of legal disputes that could influence the country's resource management and economic stability.

Bank of America Mandates Arbitration for Workplace Disputes

5 months ago

In a significant policy shift, Bank of America (BofA) has declared that its U.S. employees must resolve workplace disputes through arbitration rather than through court proceedings. This new directive marks a shift towards binding arbitration, which separates employees from traditional lawsuits and may limit their legal recourse in cases of workplace grievances.