U.K. Court Says Mauritian High Court Erred In Public Policy Reversal Of Award

(June 16, 2021, 1:44 PM EDT) -- LONDON — The Judicial Committee of the Privy Council of the United Kingdom on June 14 set aside an order of the Mauritius Supreme Court that found that a $115.3 million arbitral award in favor of a shipping joint venture violated public policy, writing that the Supreme Court erred by failing to respect the finality of the award and basing its ruling on the alleged illegality of the parties’ underlying contract....

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