Industry Implications: Arbitration Winds May Shift
This ruling not only hands a victory to the insurers—represented by Jeffrey S. Weinstein, David A. Nelson, and Jack R. Barton of Mound Cotton Wollan & Greengrass LLP—but may chart a new course for future insurance disputes involving international policies.
Opposing counsel for 3131 Veterans, William A. Barousse of the Voorhies Law Firm, now faces the challenge of navigating a terrain where domestic protections may yield to the power of global arbitration.
As legal observers digest the Second Circuit’s shift, the message is clear: in the legal tempest of hurricane litigation, treaties like the New York Convention may now pack a far stronger gale.
