Judge Confirms Award In Favor Of Spanish Company Against Nonsignatory N.Y. Shipper

Mealey's (May 18, 2022, 11:38 AM EDT) -- BROOKLYN, N.Y. — Citing the “‘extremely deferential’” standard of review for arbitral awards, a New York federal magistrate judge on May 17 granted a petition to confirm an award worth more than 545,000 euros and 100,000 British pounds in favor of a Spanish insurer against a New York shipper that did not sign the underlying contract but was found by a London tribunal to have agreed to its terms....