Mealey's Litigation Procedure - Federal Judge Grants Laos' Request To Vacate $56 Million Arbitration

Mealey's Litigation Procedure - Federal Judge Grants Laos' Request To Vacate $56 Million Arbitration

NEW YORK - After Malaysian courts recently set aside a $56 million arbitration award issued in favor of two companies, a New York federal judge on Feb. 6 granted a request by the Government of the Lao People's Democratic Republic to vacate a previous judgment enforcing the award (Thai-Lao Lignite $(Thailand$) Co. Ltd., et al. v. Government of the Lao People's Democratic Republic, No. 10 Civ. 5256, S.D. N.Y; 2014 U.S. Dist. LEXIS 15004).

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