Arbitrator Not Biased In Wind Project Dispute, Court Says
Law360, New York (January 29, 2016, 9:14 PM EST) -- A Canadian court has refused to set aside an award issued by a Toronto-based arbitrator against Canadian investment bank Jacob Securities Inc. over an alleged conflict of interest, saying there is no evidence that bias influenced the resolution of a renewable energy financing dispute.
The Ontario Superior Court of Justice found Tuesday that arbitrator Thomas G. Heintzman did not have a duty to disclose his relationship between his former law firm, McCarthy Tetrault LLP, and the underwriters of the offshore wind power project at issue or a potential investor in the project, Northland Power Inc., because the relationships between the parties...
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