2nd Circ. Upholds Order Tossing $57M Award Against Laos

By Natalie Olivo (July 20, 2017, 7:55 PM EDT) -- The Second Circuit on Thursday upheld a New York federal court's decision to vacate its own order enforcing a $57 million arbitral award against Laos after a Malaysian court set the award aside, finding an international enforcement agreement requires deference to the region where arbitration proceedings took place.

Thai-Lao Lignite (Thailand) Co. Ltd. and Hongsa Lignite (Lao PDR) Co. Ltd. had appealed U.S. District Judge Kimba M. Wood's February 2014 decision to vacate her August 2011 judgment enforcing the award, which relates to the termination of coal mining concessions. A Malaysian arbitral tribunal had issued the award and, in between Judge...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!