( July 16, 2026, 12:39 PM EDT) -- RICHMOND, Va. — The Fourth Circuit U.S. Court of Appeals on July 14 reversed and remanded a lower court’s confirmation of a $166,797,838 arbitral award issued in favor of insolvency practitioners for a Dutch insurer in liquidation, finding that the petition was filed in the lower court after the statute of limitations expired under the Federal Arbitration Act but that the award is a foreign judgment enforceable on remand under North Carolina law....