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June 2022 Meeting - Mega-Awards un US Courts & Recent Efforts to Advance Diversity in International Arbitration

Wednesday, June 22, 2022 11:00 AM to 12:30 PM

Event Location: Zoom

Tim Nelson, a member of our Club and a Partner, International Arbitration and Litigation, at Skadden, will lead a discussion on Mega-Awards in US Courts – or Eight Figures is Not Enough.  Due mainly to investor state-awards, but also because of a few large recent commercial awards, the value of pending actions to enforce international awards has never been higher.  Tim will describe the latest from the frontlines in these cases, including:

 

  • the status of the mega Yukos award against Russia;
  • recent developments in Delaware regarding enforcement against Venezuela's state-owned enterprises (and veil-piercing);
  • the latest "forum non conveniens" decisions from the D.C.. Circuit and Second Circuit (insofar as they affect arbitration award enforcement);
  • the effect of sanctions on the current enforcement environment;
  • other high profile award enforcement cases in the District of Columbia and Southern District of New York

 

We will also be joined by Dana MacGrath, a member of our Club, the President of the Board of Directors of ArbitralWomen, and a member of the Global Steering Committee of the Equal Representation in Arbitration Pledge.  She will lead a discussion on Recent Efforts to Advance Diversity in International Arbitration, discussing the illustrative Steps taken by ArbitralWomen, the Arbitration Pledge and Racial Equality for Arbitration Lawyers (R.E.A.L.) and how this intersects with New York as a seat of arbitration.

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