On March fourteenth of last year, police in New York discovered the body of Nadia Vettel, a businesswoman who had been reported missing. She was murdered, to take over her home using a loophole in the “American possession law.” Recent events involving squatters have brought attention to New York’s possession laws. In New York State, […]
The Louisiana Court has declined to enforce an arbitration award from the Dubai International Arbitration Center (DIAC), despite a 1958 New York Convention that generally obliges enforcement. The US Court did not view the newly merged DIAC and the Dubai International Financial Center (DIFC) as the same entity as per the original arbitration agreement. This unique case highlights that arbitration is subject to government decisions and can be less reliable than using local court systems.
A United States Court has dismissed an arbitration award issued by DIAC Read More »
