A recent federal appellate court decision addressing a challenge to an arbitrator’s ruling for “manifest disregard of the law” makes the novel suggestion that sanctions might be imposed on a party who appeals an arbitration award without a sound basis under federal law for doing so.
The 11th Circuit case of B.L. Harbert International LLC v. Hercules Steel Co., decided Feb. 28, goes to some lengths to express the court’s impatience with turning arbitration into protracted litigation, resting its reasoning on the purposes of the Federal Arbitration Act (and by extension similar state statutes), which offers very limited grounds for vacating an award.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
