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...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.