Federal Judge Confirms $1.6M Award For Liberian Vessel Owner
(September 29, 2016, 12:32 PM EDT) -- SALT LAKE CITY — After a Utah-based charterer failed to respond to a Liberian vessel owner's petition to confirm a $1,669,221 arbitral award that was issued in London in its favor, a Utah federal judge on Sept. 27 found that the award must be confirmed under the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (Asphalt Trader Ltd. v. Taryn Capital Energy LLC, No. 1:16-cv-00054, D. Utah; 2016 U.S. Dist. LEXIS 132647).
(Opinion available. Document #05-161025-001Z.)
Asphalt Trader Limited filed a petition to confirm...