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U.S. District Courts Rule Consent Awards Fall Within New York Convention
Ava Borrasso FCIArb
Article Summary: US District Courts in Transocean Offshore v. Erin Energy and Albtelecom v. UNIFI Communications ruled that arbitral consent awards recording party settlements fall within the scope of the New York Convention. Author Ava Borrasso examines these decisions, highlighting how federal judges confirmed jurisdiction under the Federal Arbitration Act despite the absence of explicit statutory language or reasoned determinations. The piece underscores the practical advantages of converting private settlements into enforceable consent awards.
