Summary

American Arbitration Association Case No 01-22-0000-7497

PRISTEC REFINING TECHNOLOGIES USA, LLC, EARLE REFINING LLC, EARLE OIL INVESTMENTS, LLC, and EARLE INVESTMENTS, LLC,
v
PRISTEC AMERICA, INC., (NEVADA), PRISTEC AMERICA, INC. (NEW JERSEY), INNOVATIVE CRUDE TECHNOLOGIES, INC., ANTHONY SICHENZIO, AND JOSEPH LAURA,
v
WALTER GIL de RUBIO

ARBITRATOR'S RULINGS ON CLAIMANTS' MOTIONS TO AMEND ARBITRATION DEMAND AND FOR ADDITIONAL DISCOVERY; AND THIRD PARTY RESPONDENT'S MOTION TO EXTEND DISCOVERY AND COMPEL RESPONSES TO DISCOVERY DEMANDS

BACKGROUND

Briefly, by way of background, this case arises from two failed joint ventures to commercialize in the United States a "revolutionary" oil refining technology developed by a non-party Austrian company Pristec A.G. This technology ("Pristec Technology"), which uses pressure and frequency waves to break down the molecules of heavy crude oil resulting in more easily refinable and therefore more marketable light crude, was licensed to Respondent Pristec America, Inc., who in turn sublicensed the technology to Claimants, in particular Pristec Refining Technologies USA, LLC ("PRT").

...