Recycler Urges 1st Circuit To Reconsider Arbitration With Foreign Insurer

(June 26, 2023, 10:27 AM EDT) -- BOSTON — A Puerto Rican recycling company on June 23 filed a petition for rehearing en banc to the First Circuit U.S. Court of Appeals, arguing that its ruling requiring the recycler to enter arbitration with its foreign insurers improperly held that the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (New York Convention) preempts the Puerto Rico Insurance Code’s anti-insurance arbitration provision....