Justia International Trade Opinion Summaries

The shipper petitioner appealed the district court's order confirming an arbitration award and award of attorney's fees and costs to the respondent carrier. The court concluded that the shipper has not established any ground for vacating the arbitral award. The court rejected the shipper's argument that the arbitral panel manifestly disregarded the substantive law of the Carriage of Goods by Sea Act (COGSA), 46 U.S.C. 30701, and the shipper's argument that the panel chairman was guilty of corruption or misbehavior because he failed to disclose his illness to the parties. The court affirmed the district court's order confirming the arbitration award. The court concluded, however, that there was no finding that the petitioner shipper breached the charter agreement. Accordingly, the court reversed the district court's award of attorney's fees and costs. View "Zurich Am. Ins. Co. v. Team Tankers A.S." on Justia Law