Interface Consulting Damage Calculations Add Up to a Win

The American Arbitration Association (AAA) award in favor of Petrofac, Inc., in its construction claim against DynMcDermott Petroleum Operations Company (DM), was affirmed by the Fifth Circuit Court of Appeals in its July 17, 2012, filing. Petrofac received over 90% of damages sought, including attorney’s fees and interest, as the AAA relied heavily on the [...]

Legal Reforms Predicted to Increase Efficiency of EU Arbitration Proceedings

Recent changes to the way the European Union (EU) handles legal proceedings will speed up arbitration hearings, which are rising in popularity among large companies with commercial disputes. A recent article published in Financial Times talks about the reforms that were announced in Brussels on December 14. The reforms are believed to help combat companies [...]