2nd Circuit Vacates Decision Refusing To Enforce $48M ICC Award

Mealey's (January 19, 2017, 12:55 PM EST) -- NEW YORK — The Second Circuit  U.S. Court of Appeals on Jan. 18 vacated a district court's decision to refuse enforcement of a $48 million arbitral award issued by the International Chamber of Commerce's (ICC) International Court of Arbitration, finding that a group of Brazilian companies was not required to first attempt to confirm the award before seeking enforcement (CBF Industria de Gusa S/A, et al. v. AMCI Holdings Inc., No. 15-1133, 15-1146, 2nd Cir.; 2017 U.S. App. LEXIS 899)....

Attached Documents

Related Sections