Mealey's Litigation Procedure - Federal Judge Confirms $1.2 Million Arbitration Award In Charter Dispute

Mealey's Litigation Procedure - Federal Judge Confirms $1.2 Million Arbitration Award In Charter Dispute

NEW YORK - After finding that an arbitration panel properly determined that a valid contract existed in relation to an agreement for the shipment of aggregates, a New York federal judge on July 21 confirmed a $1,121,783.12 arbitration award issued in favor of a shipping company (In the Matter of Arbitration between TBS Middle East Carriers Ltd. v. United Quarries, No. 13-8932, S.D. N.Y.; 2014 U.S. Dist. LEXIS 99848).

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