2nd Circuit Abrogates Precedent On Reverse-Preemption In $12.5M Hurricane Ida Row

( May 9, 2025, 1:47 PM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on May 8 abrogated its own precedent holding that an international convention regarding arbitration of foreign disputes is “not self-executing” and can be reverse-preempted by state law and reversed the denials of motions to compel arbitration of surplus line policy disputes for more than $12.5 million in damages caused to Louisiana properties by Hurricane Ida....