Coal Co. Wants Bayer $10.5M Arbitration Win Dumped

By Evan Weinberger

Law360, New York (February 17, 2010, 1:29 PM ET) -- Central West Virginia Energy Inc. has asked a federal judge to overturn an approximately $10.5 million arbitration award to Bayer CropScience LP in a dispute over a coal sales agreement, arguing that the panel did not have jurisdiction to make the ruling.

In a complaint filed Tuesday in the U.S. District Court for the Eastern District of Virginia, CWVE claims that the arbitration panel in Charleston, W.Va., that ruled in Bayer's favor on Feb. 11 had no right to make the ruling because a July 2008...
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