Panel Affirms Denial Of Discovery To Investor For International Arbitration

Mealey's (July 13, 2020, 11:36 AM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on July 9 upheld the denial of an investor’s petition for discovery from banks for use in an arbitration before the China International Economic and Trade Arbitration Commission (CIETAC) over allegations that he was defrauded concerning his equity in Chinese music streaming companies (Hanwei Guo v. Deutsche Bank Securities Inc., et al., No. 19-781, 2nd Cir., 2020 U.S. App. LEXIS 21219)....