Judge Confirms $40M Arbitral Award Despite ‘Side-Switching’ By Lawyers

Mealey's (October 15, 2021, 11:26 AM EDT) -- MIAMI — A federal judge in Florida on Oct. 13 confirmed an arbitral award worth $40 million in favor of a Peruvian company and rejected the award-debtor’s petition to vacate based on the fact that two of its lawyers were hired by the opposing party’s law firm during the arbitration because the debtor failed to timely raise an objection to the move and failed to show that it caused any actual prejudice....