Topic: Shareholder disputes
Brazilian retailer brings claim over billion-dollar fraud
One of Brazil’s largest retail chains says it is pursuing claims against four former executives after entering insolvency following its disclosure of a billion-dollar accounting fraud.
14 March 2025
Australian liquidators put Poland on notice over mining dispute
An Australian mining company’s liquidators have notified Poland of a potential treaty claim over two coal projects – after a previously threatened claim was allegedly derailed by a shareholder seeking a greater share of compensation.
24 January 2025
Petrobras defeats shareholder claim over Lava Jato
Brazil’s state-run oil and gas company Petrobras says it has defeated an arbitration brought by an association on behalf of shareholders who suffered losses arising from the Lava Jato corruption scandal.
17 September 2024
Hedge fund's award against Korea published
An award requiring South Korea to pay US$32 million to US hedge fund Mason Capital for interfering in an US$8 billion Samsung merger is now public.
21 May 2024
Thales to bring ICC claim over aviation venture
French aerospace contractor Thales has asked a New York court to restrain its US partner from proceeding with the US$525 million sale of a stake in their joint venture pending an ICC arbitration.
09 January 2024
Petrobras shareholders fail to revive mega-claim against Brazil
Two minority shareholders in Brazil’s national oil and gas company Petrobras have failed to persuade a São Paulo court to reinstate a jurisdictional award in a US$34 billion arbitration against Brazil arising from the Lava Jato corruption scandal.
22 November 2023
Indian injunction halts Singapore arbitration over matchmaking business
An Indian authority has issued an interim injunction to prevent a Mauritian private equity fund from pursuing a Singapore-seated ICC arbitration against the founder of an online matchmaking service – months after the Singapore courts affirmed the dispute was arbitrable.
18 September 2023
Petrobras loses claim against Odebrecht
Brazil’s Petrobras has lost a US$162 million arbitration against the construction group formerly known as Odebrecht over alleged violations of a shareholders’ agreement for a petrochemicals company.
11 May 2023
Chinese property group defeats HKIAC claim by ex-shareholder
An arbitrator in Hong Kong has dismissed a US$147 million claim against a Chinese property developer arising from a voided share purchase, as it battles to regain control of valuable assets on the mainland.
24 April 2023
Bolivian politician’s company settles with Mexican debtor
A Bolivian politician’s company has ended its efforts to enforce a US$36 million award in the US courts despite pending annulment proceedings in Bolivia, after it reached a settlement with the Mexican award debtor.
17 March 2023