Credit: Sebastian/stock.adobe.com Pa. Appeals Court Scraps $2.4M Arbitration Award for Defendant's Counterclaim
"The decision ignores decades of established jurisprudence and undermines arbitration as a reliable alternative dispute resolution mechanism," Dentons shareholder Chad Wissinger, representing MDS, said.
July 26, 2023 at 02:22 PM
4 minute read
The Pennsylvania Superior Court threw out a $2.4 million arbitration award against the plaintiff in a business dispute in a precedential ruling Tuesday.
The three-judge panel determined that the award in favor of defendant MDS Energy Development LLC must be vacated because the arbitrator had improperly based it on damages suffered by an entity that was not actually party to the case.
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