Panel Affirms $62.9M Arbitration Award In Breach Of Contract Dispute

Mealey's (January 10, 2020, 2:05 PM EST) -- NEW ORLEANS — The Fifth Circuit U.S. Court of Appeals on Jan. 7 affirmed a $62.9 million arbitration award after determining that the arbitration panel was fairly constituted and did not exceed its authority in entering a final award in a breach of contract dispute involving funding for a wind energy company (Soaring Wind Energy LLC v. Catic USA Inc., No. 18-11192, 5th Cir., 2020 U.S. App. LEXIS 296)....