2nd Circuit Affirms Refusal To Stay $2.8M Award Against Lebanese Bank

Mealey's (April 18, 2023, 2:26 PM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on April 17 affirmed a district court’s ruling denying a Lebanese bank’s request to stay enforcement of an arbitral award against it worth more than $2.8 million representing attorney fees incurred by a Kuwaiti-French joint venture while arbitrating a dispute with the bank....