2016 April

Apr 4

The Brazilian Court of Justice Declines to Enforce a Vacated Arbitration Award

While the U.S. Court of Appeals for the Second Circuit considers the circumstances in which a lower court may confirm a nullified foreign arbitration award, the Brazilian Court of Justice (“STJ”) has declined to recognize an award that was vacated in Argentina, where the tribunal was seated. The case, EDF International S/A v. Endesa LatinoAmérica