The 6th Circuit has confirmed an arbitration award of $68 million to Georgia-based Solvay Pharmaceuticals in a case that turned on how judges interpreted a letter agreement. Attorneys for Solvay said the case demonstrates the deference that courts give to arbitration decisions. In the past month, the U.S. Supreme Court and the 11th Circuit have overwhelmingly rejected litigants' attempts to have courts, rather than arbitrators, decide matters potentially governed by arbitration agreements.
April 03, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The 6th U.S. Circuit Court of Appeals has confirmed an arbitration award of $68 million to Marietta, Ga.-based Solvay Pharmaceuticals Inc., in a case that turned on how judges interpreted a letter agreement.
One of the winning lawyers, Walt Addison Linscott of Thompson Hine’s Atlanta office, said the case had a lesson for businesses.
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