You may have already heard that SCOTUS affirmed arbitrators’ authority to interpret contractual prerequisites to arbitration last week in BG Group, PLC v. Republic of Argentina. But that is just one of a number of recent decisions from high courts on the deference due arbitrators.
In the BG Group case, the D.C. Circuit had vacated an arbitration award, finding the arbitration panel overstepped its authority by hearing the case before certain conditions precedent had been met. (My preview...
In an interesting twist, a three-member arbitration panel will reportedly consider an appeal related to a 2005 arbitration agreement between Lance Armstrong and Dallas-based SCA Promotions, Inc. Despite that the dispute between the athlete and the Texas insurer was settled in a binding agreement eight years ago, the arbitrators stated the panel “will exercise jurisdiction to determine and make a final award resolving any disputes between or among Tailwind Sports Corp., Lance Armstrong and SCA Promotions,...