Justices May Shift US Courts' Role In Global Arbitration

Law360, New York (June 10, 2013, 10:57 PM EDT) -- By agreeing Monday to take on BG Group PLC and Argentina's dispute over a $181 billion arbitration award, experts say, the U.S. Supreme Court is poised to determine how much power U.S. courts can wield over international arbitration proceedings linked to bilateral investment treaties and could give firms second thoughts about having those disputes handled by U.S.-based arbitration panels.

The high court granted BG Group's petition for writ of certiorari 18 months after the D.C. Circuit overturned the British natural gas exploration company's arbitration award over...
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