3rd Circuit Affirms Confirmation Of Award For Solazyme Inc.

(December 21, 2016, 10:44 AM EST) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on Dec. 20 affirmed a district court's confirmation of an arbitral award that granted a California corporation the rights to intellectual property and patent applications for the development of microalga products, finding that an arbitral panel did not exceed its authority when issuing the award (Roquette Frères S.A. v. Solazyme Inc., Nos. 15-4030 and 16-1308, 3rd Cir.)....

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