The PEMEX Case: The Ghost of Chromalloy Past?

The international arbitration community sat up and took notice when a recent decision issued by Judge Alvin K. Hellerstein from the Southern District of New York in the Pemex case ordered that an arbitration award that had been set aside by the Mexican courts could be enforced in the United States. The case was particularly noteworthy because there is only one other reported case in the United States--Chromalloy from 1996--which ordered the same result, albeit for different legal reasons.

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