Court Upholds Arbitral Awards in Favor of Atlantic LNG

Skadden has secured an international arbitration win for Atlantic LNG Company of Trinidad and Tobago. On September 26, Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York dismissed a petition by Spanish energy company Gas Natural Aprovisionamientos SDG, S.A. (GNA) to vacate two arbitral awards rendered in Atlantic's favor by an UNCITRAL tribunal seated in New York. The court also upheld award of fees totaling $3.2 million in Atlantic's favor.