Judge Finds Tolling Agreement Invalid, Petition To Enforce Award Time-Barred

Mealey's (April 2, 2020, 1:52 PM EDT) -- NEW YORK — A federal judge in New York on March 27 granted a motion to dismiss a petition to confirm an arbitral award issued against investors in a Chilean winery, holding that although the court had personal jurisdiction over the parties and the Panama Convention did not provide relief from enforcement, the petition was time-barred because a tolling agreement reached between the parties was invalid under New York law (EGI-VSR LLC v. Huber, et al., No. 19-6099, S.D. N.Y., 2020 U.S. Dist. LEXIS 54405)....