Tuesday, March 24, 2009

Fifth Circuit Abandons Manifest Disregard of the Law as a Ground for Overturning an Arbitration Decision

Citigroup v. Bacon is not an employment case but it is a very important case for employment lawyers nonetheless, as we all do a fair amount of arbitration work these days. 

Following an arbitration panel's order that Citigroup Global Markets pay Debra M. Bacon $256,000 in damages and attorney's fees, Citigroup sought to overturn that award in the District Court. Finding that the arbitrators had "manifestly disregarded the law," the District Court vacated the award. Bacon then...




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[Source: HR Lawyer's Blog]

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