Judge Dismisses Petition To Confirm $14M Award, Citing Parallel State Court Cases

Mealey's (April 12, 2021, 8:20 AM EDT) -- NEW YORK — A New York federal judge on March 26 granted a motion to dismiss an action to confirm an arbitral award of more than $14 million after finding that “extraordinary circumstances exist demonstrating that Colorado River abstention is appropriate” because the parties are engaged in parallel litigation in two state courts over enforcement of the award....