Sentences with phrase «vacate arbitration award on»
Defended insurer against reinsurer's unsuccessful application to vacate arbitration award on factual grounds.
http://www.rc.com/ Not exact matches
On appeal to the SJC, the court said that, even if the lawyers» appearance had been unauthorized practice, that would not provide a basis to vacate the arbitration award.
BG Group responded by saying the district and appellate courts assumed that the manifest disregard doctrine was a basis for vacating arbitration awards, but then held that the tribunal in this case did not manifestly disregard the law, rendering moot Argentina's bid for clarity on the issue.
On March 5, the Supreme Court ruled that the federal appeals court in Washington should not have vacated the award, holding that nothing in the treaty overcame the normal assumption in US law that arbitrators rather than courts should decide disputes over the meaning of procedural conditions to arbitration.
The court reasoned further that decisions recognizing non-statutory ground for vacating arbitration awards have required something beyond, and different than, a mere error of law or failure on the part of arbitrators to understand or apply the law.