ICC Awards Claimant $3.4 Million, Allows Respondents' Counterclaims

(November 4, 2015, 1:11 PM EST) -- SUNNYVALE, Calif. — A California corporation on Nov. 4 announced that the International Chamber of Commerce (ICC) International Court of Arbitration has issued an interim award in an arbitration filed against it by a medical holding company, awarding the claimant $3.4 million in damages and granting some of the corporation's counterclaims.

Accuray Inc. said in a news release that the ICC issued an interim award in an arbitration filed by Cowealth Medical Holding Co. Ltd., a former distributor for Accuray.

Arbitration

Cowealth alleged that Accuray wrongfully...
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