Law360 (June 2, 2021, 6:24 p.m. EDT) – A Houston oil and gas consultancy waived its right to arbitrate a dispute with a Hong Kong-based oil and gas exploration company by initially pursuing the claim in court and changing only of course, when it became apparent that its litigation strategy was failing, the Fifth Circuit ruled.
A three-judge panel said in its May 28 opinion that International Energy Ventures Management LLC clearly chose the litigation route when it sued United Energy Group Ltd. in Texas state court nearly eight years ago without any mention of arbitration. The dispute concerns payments allegedly due in connection with a consulting firm …
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