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Federal Courts -
6th Circuit Court of Appeals - May 25, 2007
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Venture Global Eng'g, LLC v. Satyam Computer Servs., No. 06-2056,
UNITED STATES COURT OF APPEALS FOR THE SIXTH CIRCUIT, May 25, 2007, Filed
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Overview: Foreign arbitration award, allowing foreign corporation to exercise option to purchase defaulting LLC's shares in joint venture, was enforceable, since application of foreign law was not required, lack of notice of default from LLC precluded finding that option was not timely exercised, and award did not violate foreign law of share valuation.
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