• Arbitration - China

  Foreign arbitral award refused recognition and enforcement on public policy grounds

  For the first time since China acceded to the New York Convention in 1987, a foreign arbitration award has been refused recognition and enforcement in China on public policy grounds. Although the court apparently intended to set a precedent on these grounds, the case leaves open a number of significant questions.

• Competition - USA

  Court allows claims to proceed based on alleged overall monopolization scheme

  The US District Court for the District of New Jersey has denied a motion to dismiss by the defendants in In re Neurontin Antitrust Litigation, a case filed against Warner-Lambert based on allegations that Warner-Lambert had fraudulently obtained patents and pursued sham patent litigation relating to its drug Neurontin.

More

• $1.2 billion restructuring

  Tenedora Nemak SA de CV Weil Gotshal & Manges LLP - Warren T Buhle, Richard A Ginsburg; Davies Ward Phillips & Vineberg LLP - Gabriella Lombardi, Donald C Stanbury
  Syndicate of banks Milbank Tweed Hadley & McCloy LLP - Glenn S Gerstell, Thomas Igenhoven; Ritch Mueller SC - Guillermo Pérez Santiago

• Undisclosed acquisition

  Advanced Sterilization Products Bredin Prat - Emmanuele Masset, Pierre-Henri Durand
  Gloster Europe SAS Jones Day - Renaud Bonnet

More