In a non-reinsurance securities arbitration, the United State Court of Appeals for the Fifth Circuit has held that although courts “do not hesitate to vacate an award when an arbitrator is not selected according to the contract-specified method …” any departure from the terms of the parties' agreement in this case was trivial, not warranting vacatur of the arbitration award. , 1006 WL 1460022, case no. 05-10242 (5th Cir. May 30, 2006).
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