2nd Circ. Provides Guidance Amid Post-Award Confusion

Law360, New York (February 2, 2017, 2:47 PM EST) -- A recent decision issued by the Second Circuit clarifying the way international arbitral awards can be turned into U.S. court judgments has been hailed by arbitration experts for providing clear guidance to courts and practitioners alike and for reversing a troubling decision in an important jurisdiction.

A three-judge panel for the circuit court on Jan. 18 reversed the decision of a New York federal judge, who had tossed a suit filed by CBF Indústria de Gusa S/A, Da Terra Siderúrgica LTDA and other Brazilian companies to confirm a more than $48 million arbitral award against the alleged alter egos and successors...

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Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Appellate - 2nd Circuit

Nature of Suit

3890 STATUTES-Other

Date Filed

April 13, 2015

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