In order to vacate an award on the ground of manifest disregard of the law, the petitioner must show that the arbitration panel knew of a governing legal principle that was well defined, explicit, and clearly applicable, and refused to apply it or ignored it altogether. A mistake of law does not constitute manifest disregard, and is not ground for vacatur.
Matter of McKenna, Long & Aldridge, LLP v. Ironshore Specialty Ins. Co., NY Slip Op 07498 (1st Dep't October 17, 2019)
Here is the decision.