05Aug
€643 Million Arbitration Award Was Within Arbitration Panel’s Power to Award and Not a Result of Manifest Disregard of the Law
Precision Castparts Corp. purchased companies with manufacturing facilities in the United States and Germany for €800 million. After the sale closed, Precision discovered that the seller had “manipulated financial documents of the acquired companies to show that they were ‘high margin’ and ‘high cash flow’ businesses. In fact, the acquired companies were ‘functionally insolvent.'”...
By:
Carlton Fields
Related
HR Solutions Company Fired Employee Because of Mental Disabilities, Federal Agency Charges - HOUST...
Read More >
On April 30, 2018, the California courts rocked the State’s labor and employment landscape with the...
Read More >
Over the past several weeks, the novel coronavirus (COVID-19) has upended the marketplace and impose...
Read More >
Dear YouDig? Readers, Baseball is back this week. We hope. (Dear Baseball, please make it back as C...
Read More >
On January 1, some important changes to Massachusetts employment law took effect. Below are the high...
Read More >
Investors pursing global investment opportunities across the sports industry should be aware of the ...
Read More >