Fourth Circuit Vacates Ruling Against RZS

Law360, New York (November 1, 2007, 12:00 AM EDT) -- An appeals court ruled on Thursday that a lower court could not confirm an arbitration ruling in a dispute between two oil companies when one of the companies had no legal representation due to a dispute with an attorney.

RZS Holdings AVV, an American petroleum company, appealed a district court's order confirming an arbitration ruling that PDVSA Petroleo SA, Venezuela's state-operated petroleum company, had not breached a contract with RZS and was not liable for damages, saying that it had not been allowed to argue against...
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