No specific laws identified for this ruling.
The Third Circuit affirmed the district court's grant of summary judgment in favor of defendants, holding that the Federal Arbitration Act (FAA) governed the motion to vacate the arbitration award, not Delaware law, because the generic choice-of-law provision in the stock purchase agreement was insufficient to manifest clear intent to opt out of the FAA.
This summary was generated to explain the ruling in plain English and is not legal advice.
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