Mealey's Litigation Procedure - 2nd Circuit Finds Panel Properly Applied New York Law In Making Award

Mealey's Litigation Procedure - 2nd Circuit Finds Panel Properly Applied New York Law In Making Award

NEW YORK - The Second Circuit U.S. Court of Appeals on Feb. 19 affirmed a trial court's decision to confirm an international arbitration award issued in favor of Citigroup Inc., finding that the tribunal did not err in applying New York law to the case (Abu Dhabi Investment Authority v. Citigroup Inc., No. 13-1068, 2nd Cir.; 2014 U.S. App. LEXIS 2940).

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