BG Group Asks Justices To Review $185M Award Reversal

Law360, New York (August 6, 2012, 10:34 PM EDT) -- BG Group PLC has told the U.S. Supreme Court that the D.C. Circuit erred in reversing an arbitration award of more than $185 million stemming from the British oil company's dispute with Argentina, rendering an opinion that contravened both court precedent and national policy.

BG Group filed a petition for writ of certiorari on July 27 in response to the D.C. Circuit's decision that an arbitration panel had overstepped its authority by taking on the dispute in violation of the preconditions of a bilateral treaty....
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