DC Circuit Affirms $600 Million Award Against Venezuela
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The DC Circuit holds that it was bound by full faith and credit to reject Venezuela’s challenge to a $600+ million Award rendered against it.

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Applying FAA Chapter 1, Eleventh Circuit Finds Lack of Arbitrator Disclosure Did Not Warrant Vacatur
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By George H. Friedman, SAA Publisher & Editor-in-Chief

Relying on recently-announced Eleventh Circuit precedent — that the grounds set forth in FAA section 10 are the sole basis for challenging “foreign” awards under the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (“UN Convention”),

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ICSID Releases Stats for FY 2023
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By George H. Friedman, SAA Publisher & Editor-in-Chief

ICSID recently released updated caseload stats.

Although we tend to think that most investment disputes in the U.S.

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Eleventh Circuit Reverses Course on Grounds to Vacate Under UN Convention
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By George H. Friedman, SAA Publisher & Editor-in-Chief

Overruling prior Circuit precedent, the Eleventh Circuit finds that the grounds set forth in FAA section 10 are the sole basis for challenging “foreign” awards under the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (“UN Convention”),

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Federal Court Stays Foreign Litigation Pending Arbitration
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By Harry Jacobowitz, Esq.**

A U.S. District Court granted a rare permanent injunction against a Mexican lawsuit and even ordered the plaintiff to dismiss some claims without prejudice because those claims were arguably subject to an arbitration agreement.

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SCOTUS Hears Oral Arguments in Morgan and ZF Auto. Two More to Go
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The Supreme Court heard oral argument this week in two of four cases involving arbitration it will review within a fortnight.

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