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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Morris James Blogs
Court Of Chancery Vacated Arbitration Award That Violates Law
Arbitration between insurance companies is different. To begin with, the arbitrators are expected more than most to follow the statutory scheme they are supposed to enforce. Here, when the arbitrator made a clear mistake of law, the Court vacated the award. Whether it would do so in a less clear cut case involving other sorts of arbitration claims remains to be seen.