Arbitration

Aug 6

The End of the Commisa Saga: The Second Circuit Upholds Vacated Arbitration Award Worth Over $400M

Earlier this week, the Second Circuit put an end to the six-year saga of Commisa v. Pemex by affirming a judgment enforcing a nullified Mexican arbitration award. This landmark decision grants district courts in New York, Connecticut and Vermont limited discretion to recognize foreign arbitration awards duly annulled at their seat, where enforcement of the


Apr 4

The Brazilian Court of Justice Declines to Enforce a Vacated Arbitration Award

While the U.S. Court of Appeals for the Second Circuit considers the circumstances in which a lower court may confirm a nullified foreign arbitration award, the Brazilian Court of Justice (“STJ”) has declined to recognize an award that was vacated in Argentina, where the tribunal was seated. The case, EDF International S/A v. Endesa LatinoAmérica


Jan 9

La doctrina de forum non conveniens: El caso Figueiredo v. Perú

To read this article in English, click here. Nueva York niega el reconocimiento y la ejecución de un laudo arbitral extranjero en virtud de la doctrina de forum non conveniens. A menudo se asume que los laudos arbitrales extranjeros pueden ser ejecutados fácilmente en los EE. UU., especialmente en el Segundo Circuito judicial que comprende


Jan 9

La ejecución de un laudo anulado: El caso Commisa v. Pemex

To read this article in English, click here. ¿Bajo qué tipo de circunstancias las cortes de Nueva York ordenan la ejecución de un laudo arbitral que ha sido anulado? ¿Es posible que un tribunal neoyorquino ejecute un laudo arbitral pese que haya sido anulado por un tribunal competente en su sede? Esta fue la decisión


Jan 9

The Second Circuit Hears Arguments in the Commisa Case

Late last year, the United States Court of Appeals for the Second Circuit (the “Court”) heard oral arguments for the appeal of the controversial decision Corporación Mexicana de Mantenimiento Integral v. Pemex-Exploración y Producción, 962 F. Supp. 2d 642 (S.D.N.Y. 2013), where the Southern District of New York (“S.D.N.Y.”) confirmed a Mexican ICC arbitral award annulled


Oct 31

Foreign Award Not Enforced In New York Under Forum Non Conveniens

Haz clic aquí para leer el artículo en español. It is often believed that arbitral awards can be easily enforced in the U.S., especially in the Second Circuit. This allows plaintiffs to enforce awards in New York, where many entities have sizable assets. However, a 2011 by the Court of Appeals (the ¨Second Circuit¨) ruled against


Oct 3

(When) will New York courts confirm a vacated arbitration award?

Haz clic aquí para leer el artículo en español. Will New York courts enforce an arbitration award that was annulled by a competent court at the seat?  A district court judge for the Southern District of New York (S.D.N.Y.) did exactly that last September in Corporación Mexicana de Mantenimiento Integral v. Pemex-Exploración y Producción, 962 F. Supp.


Feb 3

Appeals in arbitration?

The American Arbitration Association (“AAA”) and its international counterpart, the International Centre for Dispute Resolution (“ICDR”), have implemented a new set of Optional Appellate Arbitration Rules (“Appellate Rules”) effective November 1, 2013. Under these rules, a party may seek appellate review of an arbitral decision within 30 days of judgment. The parties, however, cannot invoke


May 10

Consent to Arbitration

Under  § 1605(a)(6) of the FSIA, a foreign State is not immune from jurisdiction in any action that is brought: to enforce an agreement made by the foreign state with . . . a private party to submit to arbitration all or any differences . . .  between the parties . . . concerning a


Apr 5

New Supreme Court decision on Arbitration (KPMG LLP v. Cocchi)

The Supreme Court has issued an opinion in KPMG LLP v. Cocchi, reaffirming the position that, when considering a motion to compel the arbitration of multiple claims, courts must consider the arbitrability of each claim separately, “even if this will lead to piecemeal litigation.”  2011 U.S. LEXIS 7924, at * 2 (Nov. 7, 2011).  (The