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Yacht broker asks to be removed from antitrust lawsuit

Yacht broker asks to be removed from antitrust lawsuit
sun-sentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sun-sentinel.com Daily Mail and Mail on Sunday newspapers.

Florida , United-states , Beverly-hills , Fort-lauderdale , Nevada , California , Wyoming , Missouri , Alabama , Lamar-snell , Emily-heim , Podhurst-orseck

Yacht brokers now targeted by lawsuits challenging commissions

Yacht brokers now targeted by lawsuits challenging commissions
sun-sentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sun-sentinel.com Daily Mail and Mail on Sunday newspapers.

Florida , United-states , Wyoming , Miami , Missouri , Alabama , Boca-raton , Fort-lauderdale , Tequesta , America , Lamar-snell , Robert-allen-jr

Broad foreign arbitration clauses are enforceable in the US | Hellenic Shipping News Worldwide

Broad foreign arbitration clauses are enforceable in the US
The US Court of Appeals for the 11th Circuit (one of several US regional federal courts of appeal) in a recent decision involving a commission claim made pursuant to a mega-yacht sales contract has reinforced the enforceability of broad arbitration clauses in international contracts subject to the New York Arbitration Convention and the applicability of such arbitration clauses to non-signatories in certain circumstances under the US doctrine of collateral estoppel. The Court rejected efforts by the claimants to avoid the arbitration clause by framing their claims in tort rather than contract. The greater familiarity of the US federal courts versus state courts in matters concerning arbitration makes it advisable when possible to remove such claims if filed first in a state court. This decision upholds the removability of claims subject to the New York Convention. The decision is styled Northrop and Johnson Yacht-Ships Inc. v. Royal Van Lent Shipyard BV and Feadship America Inc. and is reported at 2021 U.S. App. LEXIS 8797.

Miami , Florida , United-states , New-york , Netherlands , American , Dutch , Feadship-america , Royal-van-lent-shipyard , Us-court , Outokumpu-stainless-united-states , York-arbitration-convention