11th Circuit Reluctantly Affirms Refusal To Vacate Award Due To Precedent

Mealey's (May 31, 2022, 1:17 PM EDT) -- ATLANTA — Describing itself as “powerless to change the course” of circuit precedent that it said is “out of line with Supreme Court precedent,” an 11th Circuit U.S. Court of Appeals panel on May 27 affirmed a district court’s denial of a Guatemalan contractor’s petition to vacate an arbitral award worth more than $7 million for costs in a canceled hydroelectric dam project and called for en banc review to correct the error....