( March 4, 2025, 1:31 PM EST) -- PASADENA, Calif. — A Ninth Circuit U.S. Court of Appeals panel vacated a ruling enforcing a Beijing Arbitration Commission (BAC) award worth approximately $5.5 million against two individuals who allegedly guaranteed a loan that was never properly repaid, writing that the lower court didn’t make proper findings of fact as to the guarantors’ improper notice and forgery defenses....