Mishcon loses to Cleary in billion-dollar mining arbitration
Mishcon de Reya has lost a billion-dollar arbitration case against a Brazilian mining company, represented by Cleary Gottlieb Steen & Hamilton. Cleary secured a $2bn payout for its client Vale, who claimed $1.25bn in damages for losses suffered in a joint venture dating back to 2010, with the mining arm of Israeli tycoon Beny Steinmetz’s […]