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Expert Analysis

Sorting Circuit Split On Foreign Arbitration Treaty's Authority

By Gary Shaw ( April 19, 2024, 3:10 PM BST) -- Despite U.S. support for the New York Convention, multiple U.S. states have enacted laws barring the use of arbitration to decide disputes, specifically insurance disputes. The authority to do this ostensibly lies in a 1940s law called the McCarran Ferguson Act, or MFA, which gives states exclusive authority to regulate the business of insurance....

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