Thought the Stanford Ponzi Scheme Cases were Done?  Read on…  
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The Stanford Ponzi scheme was discovered in early 2009. Arbitration cases arising out of it are still with us,

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Kentucky Supreme Court Upholds An Arbitrator’s Use of the Merger Doctrine Over a Statutory Challenge
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by Hayes Favinger*

The Supreme Court of Kentucky upholds unanimously an Arbitrator’s award despite a challenge on the grounds that KRS 324.360 overruled the merger doctrine** as applied.

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Citing SCOTUS Precedent, Vermont Supreme Court Holds FAA Applies and Preempts State Law
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By George H. Friedman, SAA Publisher & Editor-in-Chief

In a case of first impression, the Vermont Supreme Court in a unanimous 5-0 holding – with two “reluctant” occurrences – finds that: 1) the Federal Arbitration Act (“FAA”) is to be construed broadly as to interstate commerce;

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Enforcement of $2 Billion ICSID Award Stayed While Internal Appeal is Pending at Arbitration Forum
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The District Court for the District of Columbia declines for the time being to enforce a $2 billion Award against Egypt because an appellate arbitration proceeding is still pending.

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Fifth Circuit Applies “Look Through” Standard to Removal of Case Seeking to Vacate FINRA Award Under FAA
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The Fifth Circuit holds that the District Court was correct when it applied the “look through” standard to determine that it had jurisdiction to remove a State Court action to vacate an Award.

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Certiorari Sought in Monster Energy. Is It Time for SCOTUS To Put Commonwealth Coatings To Rest?
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By George H. Friedman, SAA Editor-in-Chief

Certiorari has been sought challenging a divided Ninth Circuit decision that vacated an Award for “evident partiality” under the Federal Arbitration Act.

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