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Fifth Circuit Holds Manifest Disregard of the Law is Not a Valid Basis to Vacate an Aribtration Award

By Brian Wolfman

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Today, in Citigroup Global Market v. Bacon, the U.S. Court of Appeals for the Fifth Circuit held that manifest disregard of the law is not a valid, non-statutory basis for vacating an aribtration award subject to the Federal Arbitration Act....

Full post as published by CL&P Blog on March 05, 2009 (boomark / email).

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"Manifest Disregard Of The Law" No Longer A Valid Basis On Which To Challenge Arbitration Award

Manifest Disregard For The Law May No Longer Be A Basis To Vacate An Arbitration Award

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Court Vacates Arbitration Award Due to Manifest Disregard of the Law

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