Manifest disregard definition

Manifest disregard means “something beyond and different from a mere error in
Manifest disregard means “more than error or misunderstanding with respect to the law.” LaPrade, 246 F.3d at 706. A party seeking to have an arbitration award vacated on the ground that an arbitrator acted in “manifest disregard of the law” must establish that (1) the arbitrator knew of a governing legal principle yet refused to apply it or ignored it altogether and
Manifest disregard of the law, this means looking for something more than error or misunderstanding with respect to the law. See Freeman v. Pittsburgh Glass Works, LLC, 709

Examples of Manifest disregard in a sentence

  • The Development of Manifest Disregard as a Non-statutory Ground for Vacatur Manifest disregard of law traces its roots to the Supreme Court’s 1953 decision in Wilko v.

  • Manifest disregard clearly means more than error or misunderstanding with respect to the law.

  • Manifest disregard for the law involves something more than a legal error — the arbitrator must have been “‘fully aware of the existence of a clearly defined governing legal principle, butrefused to apply it, in effect, ignoring it.’” Westa Constr., Inc.

  • Manifest disregard of the law “means more than error or misunderstanding with respect to the law.” Kanuth, 949 F.2d at 1178.

  • Manifest disregard of the law was established as a non-statutory ground for vacatur of an arbitration award in Wilko v.

  • For decades, Texas courts and attorneys have quietly questioned whether common-law vacatur doctrines are viable alongside the TAA’s vacatur grounds.1 Manifest disregard, as featured in today’s case, is one such doctrine.

  • Manifest disregard of the law includes failure to consider relevant statutory and case law.

  • I accept that the panel reports contain advice and recommendations prepared for the purpose of the decision-making functions of the agency.

  • Manifest disregard of the law is not an available basis for vacating an arbitration award in the Eleventh Circuit.

  • Manifest disregard of the law has been interpreted in different ways, even by the same court.


More Definitions of Manifest disregard

Manifest disregard of the law means more than simply misunderstanding the applicable law or erroneously applying it. Sheldon, 269 F.3d at 1207. To engage in “manifest disregard,” the arbiter must be “willfully inattentive” to the governing law. Id.; U.S. Energy Corp. v.
Manifest disregard means that arbitrators knew the law and explicitly disregarded it." P . R . Tel. C o ., 427 F.3d at 32 (internal quotation marks omitted). "Put differently, disregard implies that the arbitrators appreciated the existence of a governing legal rule but wilfully decided not to apply it." Id. Because arbitrators are not required to explain or provide reasoning for their decisions, and frequently do not do so, an award will be vacated due to a manifest disregard of the law "only when the award is unfounded in reason and fact, . . . based on reasoning so palpably faulty that no judge or group of judges could ever conceivably have made such a ruling, or is mistakenly based on a crucial assumption which is decidedly a non-fact."
Manifest disregard of the law means more than simply a misunderstanding of the applicable law or an error in its application.24 To engage in “manifest disregard,” the arbitrator must be “willfully inattentive” to the governing law.25 That means that the party asserting manifest disregard of the law must show that the arbitrator knew what the binding authority was and explicitly disregarded it.26 Notably, the “manifest disregard” standard applies only to conclusions of law; “[t]he arbitrator’s factual findings are beyond review.”27

Related to Manifest disregard

  • Manifest Error means any error that we reasonably believe to be obvious or palpable, including without limitation, offers to execute Transactions for exaggerated volumes of Underlying Assets or at manifestly incorrect market price quotes or prices at a clear loss.

  • Error means any failure of the Software to operate in conformance with the Documentation in any material respect.

  • Determination Agent means Calculation Agent Services LLC and any successor or replacement thereto or any other entity appointed as determination agent in accordance with the terms of the Determination Agency Agreement.

  • Reviewing Party any appropriate person or body consisting of a member or members of the Company's Board of Directors or any other person or body appointed by the Board who is not a party to the particular Claim for which Indemnitee is seeking indemnification, or Independent Legal Counsel.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Reference Government Bond Dealer Quotations means, with respect to each Reference Government Bond Dealer and any date of redemption, the arithmetic average, as determined by the Determination Agent, of the bid and offered prices for the Reference Bond (expressed in each case as a percentage of its nominal amount) at the Quotation Time on the Reference Date quoted in writing to the Determination Agent by such Reference Government Bond Dealer; and

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;