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Expert Analysis

UBS Ruling Shows SDNY's Pro-Award Confirmation Stance

By John Conlon, Joe Ryan and Jennifer Huang ( January 13, 2025, 5:39 PM EST) -- On Oct. 22, an attempt by Egyptian businessman Michel Lakah to set aside a 2018 International Centre for Dispute Resolution award was rejected by the U.S. District Court for the Southern District of New York, marking what the respondent creditors hope will be the end of a saga that has dragged on for nearly 20 years.[1]...

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