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Arbitration Procedure

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Appellants brought an arbitration against Appellees, asserting claims under both federal and Puerto Rico law for violations of Section 10(b) of the Securities Exchange Act, Rule 10b-5 of the Securities Exchange Commission, and the securities laws of Puerto Rico. Appellants ultimately lost that arbitration and subsequently filed a complaint in the Puerto Rico Court of First Instance requesting that the court vacate or modify the arbitration award. In this petition, Appellants invoked the Puerto Rico…

The S.D.N.Y. denied a motion to quash a subpoena and vacate a related discovery order based in part on its conclusion that an arbitration tribunal of the London Maritime Association meets the definition of a foreign tribunal under 28 U.S.C. § 1782. Plaintiff Kleimar N.V. and Defendant Dalian Dongzhan Group Co. Ltd. were engaged in a series of arbitrations in London before the London Maritime Arbitration Association. The court granted Kleimar’s ex parte application to seek…

In a decision of November 2016, the Higher Regional Court of Munich (Oberlandesgericht München; hereinafter the “Court”), clarified some general principles underlying a challenge of an arbitrator for lack of impartiality (Decision of 17 November 2016, 34 SchH 13/16, BeckRS 2016, 20169). The decision is part of a somewhat curious series of decisions by the Court in the same matter. The Facts In 2001, Claimant and Respondents had entered into a partnership under the German…

Last February 9, the Second Section of the Brazilian Superior Court of Justice (STJ), the highest court for non-constitutional matters, has suspended an execution lawsuit (ação de execução) based on a contract due to the existence of an arbitration discussing such contract[1]. The construction company filed before the 1st Civil Court of the city of Belém an execution lawsuit (execução de título extrajudicial), which is a fast track judicial procedure for enforcement of outstanding liquidated…