By Sabrina Valle HOUSTON (Reuters) – The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil’s claim against Chevron’s $53 billion purchase of Hess Corp, two people familiar with the matter told Reuters. The panel’s formation would be a milestone in a long-delayed process that has cast uncertainty over […]
Tag: arbitration
Exxon-Hess arbitration panel nears formation, sources say
By Sabrina Valle HOUSTON (Reuters) – The final member has been chosen for a three-person arbitration panel meant to settle Exxon Mobil’s claim against Chevron’s $53 billion purchase of Hess Corp, two people familiar with the matter told Reuters. The panel’s formation would be a milestone in a long-delayed process that has cast uncertainty over […]
Exxon-Hess arbitration panel incomplete, Hess sale to Chevron stalled
By Sabrina Valle HOUSTON (Reuters) – A contract arbitration panel that could block or green-light the $53 billion sale of Hess Corp to Chevron remains incomplete three months after the case was filed, stalling a decision on whether Exxon Mobil has a right of first refusal over Hess’ Guyana operations. The third and final arbitrator […]
State heading back to arbitration on landmark Kevin S. settlement
Jun. 7—New Mexico’s child welfare agency is headed back to arbitration over a landmark settlement that stemmed from a lawsuit filed years ago alleging the state was failing to adequately care for young people in its custody. The Kevin S. settlement — which followed the class-action suit filed in 2018 by 14 foster children against […]
Judge grants motion sending civil case against Egolfs to arbitration
May 9—A legal dispute between former state House Speaker Brian Egolf, his wife, Kelly Egolf, and a group of high-profile investors will be resolved through arbitration rather than in the court, a state district judge ruled Thursday. The decision by District Judge Francis Mathew is a win for the Egolfs, who filed motions in which […]
‘You don’t have a voice:’ Congress weighs impact of forced arbitration on employees
For almost 50 years, Joanne Grace worked as a registered nurse. It was a job she loved and said she planned to keep doing as long as she was useful and effective. But around age 71, Grace said she was unfairly pushed out by her former employer because of her age. She said older employees […]
Arbitration for German airport security staff begins amid strikes
After several rounds of strikes at Germany’s airports, arbitration for private aviation security staff began on Friday at a secret location. Former Bremen state councillor Hans-Henning Lühr was tasked with reconciling the differing positions of the trade union Verdi and the the employers’ association BDLS. The parties have initially set themselves a deadline of midnight […]
Labour negotiations, arbitration to resume in German aviation sector
After a series of disruptive labour strikes in Germany’s aviation industry, key wage negotiations were to resume on Thursday involving the trade unions for tens of thousands of workers. German airline Lufthansa is to return to talks with the trade union for flight attendants, UFO, over their demands for 15% wage hikes and bonuses for […]
Philippines minister dares China to put maritime sovereignty claim to arbitration
MANILA (Reuters) – The Philippines defence minister on Monday dared China to take its claims of sovereignty in the South China Sea to international arbitration following another standoff at the weekend, but said Manila would not budge on its position. The Philippines accused China’s coastguard of using water cannon against a civilian boat supplying troops […]