US courts continue to show restraint over “manifest disregard” doctrine
Credit: iStock/TomasSereda
Hughes Hubbard & Reed’s co-chair of international arbitration Hagit Elul and associate Olivia Bensinger in New York consider a recent decision showing that US courts continue to exercise restraint when it comes to applying the controversial doctrine of “manifest disregard of the law” as a basis for vacating an arbitral award.
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