Flight to Quality Under Way in Selection of Arbitral Institutions
Gary Born, chair of the international arbitration practice group at Wilmer Cutler Pickering Hale and Dorr, discusses the development of the Middle East as an arbitration hub, how the region sets standards in commercial arbitration, and why state-to-state proceedings could be effective even in the most intractable cases.
10th Circuit Rejects Request to Vacate $13.5M Stipulated Judgment With FTC Notwithstanding Change in Law
Despite the U.S. Supreme Court's decision in AMG Capital Management v. Federal Trade Commission, 593 U.S. 67 (2021), holding that Section 13(b) of the Federal Trade Commission Act does not allow for equitable monetary relief, the U.S. Court of Appeals for the Tenth Circuit affirmed the rejection of a Rule 60(b)(6) motion to vacate a stipulated judgment for payment of equitable monetary relief that was entered before the AMG decision was issued.