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- Title
Award of Equitable Relief Found Essential and Not Outside Scope.
- Abstract
The article reviews a decision by the 11th Circuit Court in the case of Rintin Corp. vs. Domar Ltd. Cement companies Rintin and Domar had held shares in holding company Dominica Cement Holdings S.A. An arbitration clause was contained in their shareholder agreements. Domar sought arbitration of a dispute with Rintin. Domar was ordered to buy Rintin's shares in Dominica and Rintin was ordered to withdraw suits against affiliates of Domar. The district court ruled the arbitration award was enforceable. Rintin appealed on the grounds that under Panamanian law the shareholder agreement was voided and that nonparties cannot be granted relief by the arbitrators. The 11th Circuit Court upheld the court's decision based on the previous agreement.
- Subjects
RINTIN Corp.; DOMAR Ltd.; COMMERCIAL arbitration agreements; ARBITRATION &; award; STOCKHOLDERS; CIRCUIT courts; DOMINICA Cement Holdings SA
- Publication
Dispute Resolution Journal, 2007, Vol 62, Issue 2, p95
- ISSN
1074-8105
- Publication type
Article