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Analysis

NY Court Nix Of ICC Award Spotlights 'Manifest Disregard'

By Caroline Simson (June 12, 2017, 8:12 PM EDT) -- A New York Supreme Court decision that partially vacates a $100 million award issued by a reputable International Chamber of Commerce tribunal — citing the tribunal's "manifest disregard" of the law — has raised concerns over the unusual use of this controversial doctrine, but experts caution against reading too much into the implications of this first instance decision....

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