Split 10th Circuit Affirms Refusal To Vacate Award Based On ‘Finality’ Concerns

Mealey's (January 11, 2023, 3:53 PM EST) -- DENVER — A split 10th Circuit U.S. Court of Appeals panel in a Jan. 10 consolidated opinion affirmed a District Court’s order denying a motion to vacate the court’s prior judgment confirming an arbitral award worth more than $36 million against two Mexican companies after Bolivia’s highest court annulled the award, and likewise approved the court’s ruling ordering the Mexican companies to turn over assets in Mexico to the Bolivian award-creditor....