Epicenter Partners LLC v. Burford Capital Limited

CourtDistrict Court, D. Arizona
DecidedJanuary 9, 2024
Docket2:18-cv-03300
StatusUnknown

This text of Epicenter Partners LLC v. Burford Capital Limited (Epicenter Partners LLC v. Burford Capital Limited) is published on Counsel Stack Legal Research, covering District Court, D. Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Epicenter Partners LLC v. Burford Capital Limited, (D. Ariz. 2024).

Opinion

1 WO 2 3 4 5 6 IN THE UNITED STATES DISTRICT COURT 7 FOR THE DISTRICT OF ARIZONA

9 Epicenter Loss Recovery LLC, No. CV-18-03300-PHX-DJH

10 Plaintiff, ORDER

11 v.

12 Burford Capital Limited, et al.,

13 Defendants. 14 15 This matter concerns the parties’ arbitration proceedings at the London Court of 16 International Arbitration (“LCIA”). In accordance with the Court’s January 14, 2019, 17 Order (Doc. 48), Defendants Burford Capital Ltd. and Ganymede Investments Ltd. 18 (“Defendants”) filed a Motion to Dismiss on August 21, 2023, on the grounds that all of 19 Plaintiff’s claims have been arbitrated. (Doc. 88). The Motion is contested by Plaintiff.1 20 The Court must decide whether it has jurisdiction over Plaintiff’s disputes arising out of 21 the LCIA arbitration proceedings. The Court finds that neither the LCIA Arbitration 22 Rules (the “LCIA Rules”) nor the Federal Arbitration Act, 9 U.S.C. § 1 et seq. (“FAA”), 23 provides it with authority to review or modify foreign arbitration awards. This action 24 should be dismissed. 25 / / / 26 / / / 27 1 The matter is fully briefed. Plaintiff filed a Response (Doc. 89) and Defendants filed a 28 Reply (Doc. 90). 1 I. Background2 2 A. The Parties’ Arbitration Provision 3 On April 22, 2013, Defendants and Plaintiff Epicenter Loss Recovery LLC’s 4 (“Plaintiff”) entered into a Subordination and Intercreditor Agreement (Doc. 1-8), which 5 included the following arbitration provision: 6 Any dispute, controversy or claim arising out of or in connection with this 7 Agreement shall (to the exclusion of any other forum) be referred to and finally resolved by arbitration under the Arbitration Rules of The London 8 Court of International Arbitration (“LCIA”). Subordinated Creditor and 9 Company each expressly agrees that its agreement to arbitrate, and any resulting award, falls under the United Nations Convention on the 10 Recognition and Enforcement of Foreign Arbitral Awards, and section 202, 11 and Chapter 2, of the Federal Arbitration Act, and agrees that this Agreement has a reasonable relation to a foreign state. . . . The seat, or legal 12 place, of arbitration shall be London, England, and all proceedings shall occur there. 13 14 (Id. at 43). Plaintiff filed suit against Defendants for breach of good faith, tortious 15 interference, and alter ego notwithstanding the arbitration provision. (See generally 16 Doc. 1).3 17 In its January 14, 2019, Order the Court made the following findings on the 18 arbitration provision: (1) the LCIA Rules govern the parties’ arbitration matters, 19 (Doc. 48 at 8); (2) the FAA incorporates the Convention on the Recognition and 20 Enforcement of the Foreign Arbitral Awards, 9 U.S.C. § 201 et seq. (the “Convention on 21 Foreign Arbitral Awards” or “Convention”), and provides the Court with the authority to 22 enforce arbitration outside of this district,4 (id. at 7–8 n.7); and (3) Defendants are 23 2 The Court incorporates the background section of its January 14, 2019, Order (Doc. 48 24 at 2–3).

25 3 Plaintiff initially filled this suit in Maricopa County Superior Court and Defendants subsequently removed it. (Doc. 5 at 11) 26 4 The Court gave the following background on the Convention: 27 [The parties’] arbitration provision provides that it ‘falls under the United 28 Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards’ (codified as 9 U.S.C. § 201 et seq.) also known as the 1 entitled to enforce the arbitration provision (id. at 9–11). The Court accordingly 2 compelled the parties to arbitrate Plaintiff’s claims and stayed the action under § 3 of the 3 FAA “until such arbitration has been had.” (Id. at 11 quoting 9 U.S.C. § 3). The parties 4 commenced arbitration proceedings at the LCIA, which concluded on February 1, 2023. 5 (Doc. 81). 6 B. The Arbitration Proceedings at the LCIA 7 On April 24, 2023, the LCIA issued a “Final Partial Award” (Doc. 88-1) that 8 dismissed all of Plaintiff’s claims. (Id. at ¶ 715). The Final Partial Award stated that a 9 supplemental award would be forthcoming on account of Defendants’ entitlement “to an 10 anti-suit injunction with respect to the claims subject to this arbitration[.]” (Id. at ¶¶ 701– 11 02). On June 1, 2023, the LCIA issued a memorandum of corrections to the First Partial 12 Award. (Doc. 93-1 at ¶ 1). 13 In a series of status reports submitted to the Court, the parties disagreed as to 14 whether or not the case should be dismissed in light of the awards issued by the LCIA. 15 (Docs. 82; 83; 84; 86). The Court therefore ordered the parties to file a stipulation to 16 dismiss or, alternatively, permitted Defendants to file a motion to dismiss. (Doc. 85). 17 On August 21, 2023, Defendants filed their Motion to Dismiss, arguing this matter 18 should be terminated because the LCIA’s Final Partial Award resolved Plaintiff’s claims, 19 and any other supplemental awards would not impact the outcome of litigation because 20 they related entirely to Defendants’ counterclaims. (See generally Doc. 88). 21 On August 23, 2023, Plaintiff requested the LCIA to “lift all confidentiality 22 provisions and terminate and void the arbitration due to undisclosed conflicts and bias.” 23 New York Arbitration Convention. Innospec Ltd. v. Ethyl Corp., 2014 WL 24 5460413, at *3 (E.D. Va. Oct. 27, 2014). The New York Arbitration Convention applies to agreements that fall under § 2 of the FAA in which at 25 least one party is foreign and grants jurisdiction to the district courts for actions or proceedings involving such agreements. see 9 U.S.C. §§ 202, 26 203. A district court “may direct that arbitration be held in accordance with the agreement at any place therein provided for, whether that place is within 27 or without the United States.” Id. § 206. Over 150 nations have signed on to the Convention, including the United States and the United Kingdom. 28 (Doc. 48 at 7–8 n.7). 1 (Doc. 89 at 2). Plaintiff sent its request to the LCIA via email (id. at 15–17), 2 On December 11, 2023, the LCIA issued its Final Award (Doc. 93-1).5 The Final 3 Award incorporated the terms of the Final Partial Award and subsequent correcting 4 memorandum (Doc. 93-1 at ¶ 1), ordered an anti-suit injunction against Plaintiff 5 (id. at ¶ 143), and ordered Plaintiff to pay certain compensation and costs to Defendants 6 (id at ¶¶ 144–147). 7 II. Defendants’ Motion to Dismiss (Doc. 88) 8 The parties disagree whether this matter should be dismissed in light of the status 9 of the arbitration proceedings. Plaintiff contends his pending request that the LCIA “void 10 the arbitration due to undisclosed conflicts and bias” prevents the arbitration proceedings 11 from concluding, and the Court should continue to stay proceedings in this matter until 12 the LCIA rules on his request. (Doc. 89 at 2). Plaintiff further maintains the Court 13 should avoid dismissing this matter to preserve Plaintiff’s rights “in the event the 14 arbitration is deemed void or invalid.” (Id.)6 15 Defendants argue the Court should dismiss this action because the LCIA has 16 issued its Final Award resolving Plaintiff’s claims and so arbitration “has been had” 17 under § 3 of the FAA. (Doc. 88 at 3 quoting 9 U.S.C. § 3). As to Plaintiff’s efforts to 18 void the arbitration proceedings, Defendants represent that Plaintiff must submit any such 19 challenge to the English courts. (Doc.

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Epicenter Partners LLC v. Burford Capital Limited, Counsel Stack Legal Research, https://law.counselstack.com/opinion/epicenter-partners-llc-v-burford-capital-limited-azd-2024.