Assessing the Amount in Controversy When Seeking to Vacate an Arbitral Award

“Where a plaintiff from one state has initiated arbitration against a defendant from another state, seeking millions, but has then received an arbitral award of zero, does a federal court have diversity jurisdiction to entertain the plaintiff’s motion under 9 U.S.C. § 10(a) to vacate the arbitral award?”

So begins this article by Benjamin Glassman of Squire Patton Boggs, published in The National Law Review, discussing the Sixth Circuit’s decision in Hale v. Morgan Stanley Smith Barney LLC.

For the answer, take a peek at the article.

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