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PUERTO RICO TELEPHONE COMPANY, INC. v. U.S. PHONE MFG. CORP.

Nos. 04-2601, 04-2602.

427 F.3d 21 (2005)

PUERTO RICO TELEPHONE COMPANY, INC., as Liquidator on behalf of Reliance Insurance Co. (in liquidation), Plaintiff, Appellant/Cross-Appellee, v. U.S. PHONE MANUFACTURING CORPORATION, Defendant, Appellee/Cross-Appellant.

United States Court of Appeals, First Circuit.

Decided October 14, 2005.

Attorney(s) appearing for the Case

Jesús E. Cuza, with whom Elliot H. Scherker, Pamela A. DeBooth, and Greenberg Traurig, P.A., were on brief, for appellant/cross-appellee Puerto Rico Telephone Company.

Pedro Jiménez Rodriguez, with whom Adsuar Muñiz Goyco & Besosa, P.S.C., was on brief, for appellee/cross-appellant U.S. Phone Manufacturing Corporation.

Before TORRUELLA, DYK, and HOWARD, Circuit Judges.

DYK, Circuit Judge.

Puerto Rico Telephone Company, Inc. ("PRTC") appeals from the district court's denial of its motion to vacate and entry of judgment confirming an arbitral award. The award granted $2.5 million in damages to U.S. Phone Manufacturing Corp. ("USPhone") for breach of contract. At issue is whether and how parties can contract for standards of judicial review of arbitration awards other than those set forth in the Federal Arbitration Act ("FAA" or "Act...

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