Porzig v. Dresdner, Kleinwort, Benson, North America LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that courts in this Circuit “use[ ] an extremely deferential standard of review for arbitral awards”
• stating that if an arbitrator goes beyond the agreement of the parties as to the issues to be resolved “it acts inherently without power” and an award must be vacated
• explaining that the FAA’s grounds generally involve impropriety on the part of the arbitrators
• reducing hourly rate as counsel “is a solo practitioner with less overhead and fixed costs than law firm partners”
• stating that courts will “vacate an award only upon finding a violation of one of the four statutory bases [enumerated in Section 10(a) of the FAA], or, more rarely, if we find a panel has acted in manifest disregard of the law”
• declining to “wander from the narrow [path] embodied in [the court’s] own jurisprudence” by permitting vacatur on grounds of “complete irrationality”

Source: CourtListener parenthetical corpus (CC0).