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The 2nd U.S. Circuit Court of Appeals has clarified the standard under which companies must consent to judicial confirmation of international arbitration awards. Answering an unresolved question related to the Federal Arbitration Act, the circuit found that a section of the act that requires the parties to explicitly consent to judicial confirmation of arbitration awards was trumped by another section of the law that does not.
December 16, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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