Alstom v. General Electric Co.

*246OPINION AND ORDER

JESSE M. FURMAN, United States District Judge:

In 2014, Plaintiffs Alstom and Alstom Transport Holdings B.V. (collectively, “Al-stom”) agreed to purchase a rail-signaling business from Defendant General Electric Company (“GE”) for $800 million, subject to a post-closing purchase price adjustment process. The ultimate question in this case, teed up by cross-motions for summary judgment and cross-motions to compel arbitration, is whether a dispute over the purchase price adjustment should be decided by an independent accounting firm or arbitrators from the International Chamber…