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Federal Courts -
2nd Circuit Court of Appeals - February 16, 2006
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IMC Mar. Group, Inc. v. Russian Farm Cmty. Project, Nos. 05-0744, 05-0745,
UNITED STATES COURT OF APPEALS FOR THE SECOND CIRCUIT, February 16, 2006, Decided
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Overview: District court properly affirmed arbitration panel's awards to ship owners, as panel's decision was not distorted by use of a wrong legal standard, as argued by appellant charterer, but was reasonable and founded upon the totality of the record presented by the parties, and the awards did not indicate a manifest disregard of the law by the panel.
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