In Judgment No. 102/2017, the Civil Chamber of the Spanish Supreme Court (Tribunal Supremo) (the “Supreme Court“) dismissed an appeal of two high profile arbitrators (the “Arbitrators”) ordering them to return to German athletic apparel multinational PUMA SE (“Puma”) all fees, plus interest and costs, received from Puma during an ad hoc arbitration seated in Madrid in 2010.

Continue Reading This Kitten Has Claws: PUMA Prevails as Spanish Supreme Court Orders Clawback of €1.5 Million in Fees from Arbitrators Who Violated the Principle of “Arbitral Collegiality”