Virginia Federal Judge Confirms 3 Awards Totaling $16.5 Million
Mealey's (April 28, 2016, 2:07 PM EDT) -- NORFOLK, Va. — A Virginia federal judge on April 26 confirmed three arbitration awards totaling more than $16.5 million from the International Commercial Arbitration Court at The Chamber of Commerce and Industry of the Russian Federation (ICAC) (Research and Development Center “teploenergetika” v. EP International LLC, et al., No. 2:15-cv-362, E.D. Va.; 2016 U.S. Dist. LEXIS 55843).
(Opinion available. Document #05-160524-006Z.)
U.S. Judge Mark S. Davis of the Eastern District of Virginia confirmed two ICAC awards totaling $15,596,815.42 for Research and Development Center “teploenergetika” (R&D) against...