Corporacion AIC, SA v. Hidroelectrica Santa Rita S.A.
Case Number:
20-13039
Court:
Nature of Suit:
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April 13, 2023
11th Circ. Overrules Precedent On Award Vacatur Standards
In a case involving an arbitral award for an ill-fated Guatemalan hydroelectric project, the Eleventh Circuit said Thursday it is overruling its past precedent on the grounds for vacating arbitral awards issued under the New York Convention.
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February 14, 2023
11th Circ. Takes Hard Look At Int'l Award Vacatur Standards
The Eleventh Circuit appeared poised on Tuesday to overturn precedent that makes it an outlier among its sister circuits, pressing an attorney for a Guatemalan company to explain why an international arbitral award rendered in the U.S. cannot be vacated under domestic standards.
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January 31, 2023
Riding Circuit: February's Notable Oral Arguments
Circuit courts in February will hear argument in cases attempting to define college athletes as employees of their schools and that question if Tofurky has a right to market its products with names like "vegan sausage" instead of "vegan tubes." Here, Law360 previews selected appellate arguments in the month ahead.
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December 13, 2022
Guatemalan Co. Takes Aim At 11th Circ. Vacatur Standards
A Guatemalan company on Monday urged the Eleventh Circuit to overturn its precedent that international arbitral awards issued in the United States cannot be vacated under domestic standards, saying it's obligated to do so under international treaty.
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October 05, 2022
11th Circ. Precedent Up For Debate In Guatemala Award Fight
The Eleventh Circuit will reconsider its precedent barring courts from vacating international arbitral awards rendered in the U.S. under broader domestic standards, after it vacated its decision upholding an arbitral award relating to an ill-fated Guatemalan power plant construction project on Wednesday.
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August 16, 2022
Ga. Arbitration Society Wants 11th Circ. To Uphold Precedent
The Atlanta International Arbitration Society wants the Eleventh Circuit not to overturn its precedent barring courts from vacating international arbitral awards rendered in the U.S. under broader domestic standards, saying its interpretation of the issue enhances the jurisdiction's appeal for international parties.
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June 16, 2022
En Banc 11th Circ. Asked To Ditch 'Old' Arbitration Precedent
A Guatemalan construction company has asked the en banc Eleventh Circuit to rethink a panel decision affirming that a district court couldn't vacate a $7 million arbitral award in a dispute over a power plant project, saying it relied on outdated precedent that is contrary to the rulings of the U.S. Supreme Court.
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May 27, 2022
11th Circ. Criticizes Its Precedent In Guatemala Award Fight
An Eleventh Circuit panel on Friday grudgingly declined to vacate an arbitral award issued in a dispute over an ill-fated Guatemalan power plant construction project, saying it was "powerless" to overturn existing circuit precedent that fails to jibe with the rulings of the U.S. Supreme Court.