On November 16, 2021, the United States District Court for the Southern District of New York affirmed an arbitration tribunal’s decision that International Engineering and Construction (“IEC”) pay over $8 million plus interest to GE Oil and Gas, as a result of their dispute with Baker Hughes (formerly GE Oil and Gas) over construction delays while building a gas plant in Nigeria. Notably, the court stated that IEC’s arguments “might have traction” if the court were the first to hear the dispute, but given the strong deference owed to arbitrators, IEC’s arguments were insufficient to overturn the order.
This post was originally published on the Cardozo Journal of Conflict Resolution website on May 22, 2022. The original post can be accessed via the Archived Link button above.
Katz, Ryan, "SDNY Reaffirms Strong Deference Owed to Arbitrators" (2022). CJCR Blog. 35.