Firm Says There's No Reason To Put $36M Award OK On Hold

Law360 (September 23, 2020, 6:04 PM EDT) -- A Bolivian investment firm is urging the Tenth Circuit not to put its ruling enforcing a $36 million arbitral award on hold while the U.S. Supreme Court considers the matter, dismissing as "fanciful" a Mexican cement company's hopes that the justices will vacate the decision.

Compañía de Inversiones Mercantiles SA, or CIMSA, told the circuit court on Monday that there was no reason to think that arguments the high court is set to hear next month in two consolidated cases involving Ford Motor Co. will influence the justices to take up the current suit and vacate the Tenth Circuit's August ruling...

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