9th Circuit:  $9.3M Award Against Chinese Company Proper Under Parties’ Contract

Mealey's (March 29, 2021, 2:02 PM EDT) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel on March 26 affirmed a district court’s confirmation of a $9.3 million arbitral award against a Chinese development company and its Hong Kong subsidiary after finding the arbitrator did not exceed the scope of his authority by enforcing an early version of the parties’ agreement under governing Delaware law....