The U.S. Court of Appeals for the Federal Circuit (CAFC) on Friday, July 25, transferred an appeal over an award issued in an international arbitration and confirmed by a U.S. district court, ruling that the CAFC does not have jurisdiction over the case. In the precedential ruling authored by Judge Taranto, the CAFC transferred the appeal to the U.S. Court of Appeals for the Second Circuit because it said Acorda Therapeutics, Inc.’s petition to modify an arbitral award of $16,554,267 was not within its jurisdiction.

Full Article Available Here