Justice Finds Arbitrator Exceeded Authority, Requests More Information

(June 13, 2017, 2:09 PM EDT) -- SYDNEY, Australia — A justice for the Federal Court of Australia on June 9 found that an arbitral process in a dispute over an agreement to sell shares in a food company was significantly flawed and that portions of partial awards should be set aside, but requested additional information from the parties before issuing a ruling (Hui v Esposito Holdings Pty Ltd., [2017] FCA 648, Australia Fed.)....

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