Legal Opinion
Citigroup Global Markets, Inc. v. Bacon
Court of Appeals for the Fifth Circuit
Decided March 18, 2009No. 07-20670PublishedCited by 155 opinions
1Opinion of the Court
E. GRADY JOLLY, Circuit Judge:
An arbitration panel ordered Citigroup Global Márkets to pay Debra Bacon $256,000. Citigroup moved the district court to vacate the award, and the district court obliged on the basis that the arbitrators had manifestly disregarded the law. On appeal, we consider whether manifest disregard of the law remains a valid ground for vacatur of an arbitration award in the light of the Supreme Court’s recent decision in Hall Street Associates, L.L.C. v. Mattel, Inc., — U.S. -, 128 S.Ct. 1396, 1403, 170 L.Ed.2d 254 (2008). 1 We conclude that Hall Street restricts the…
2Cases cited37 opinions
- First Options of Chicago, Inc. v. KaplanSupreme Court of the United States · 1995
- Hall Street Associates, L. L. C. v. Mattel, Inc.Supreme Court of the United States · 2008
- Wilko v. SwanSupreme Court of the United States · 1953
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Jack BobkerCourt of Appeals for the Second Circuit · 1986
- Burchell v. MarshSupreme Court of the United States · 1855
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3Cited by155 opinions
- Texas Brine Company, L.L.C. v. Amer Arbitration AsCourt of Appeals for the Fifth Circuit · 2020
- Frazier v. CitiFinancial Corp., LLCCourt of Appeals for the Eleventh Circuit · 2010
- Wachovia Securities, LLC v. Frank Brand, IICourt of Appeals for the Fourth Circuit · 2012
- Cooper v. Westend Capital Management, L.L.C.Court of Appeals for the Fifth Circuit · 2016
- Nicholas v. KBR, INC.Court of Appeals for the Fifth Circuit · 2009
150 more not listed; retrieve them via the Exa API.