2nd Circuit Affirms Award Ordering Sale Of Latin American Telecommunications Company

(February 7, 2024, 12:29 PM EST) -- NEW YORK — The Second Circuit U.S. Court of Appeals on Feb. 6 issued a summary order affirming an International Centre for Dispute Resolution (ICDR) award ordering the sale of a Latin American company that builds and maintains telecommunications infrastructure, rejecting the majority shareholders’ arguments that the arbitrators manifestly disregarded the law....