Federal Judge Confirms $4 Million India Arbitral Award For National Aluminum

Mealey's (September 24, 2015, 2:06 PM EDT) -- CHICAGO — After finding that a $4,010,227.78 arbitration award issued in India in favor of a company in relation to a dispute over a contract for the purchase of caustic soda lye was enforceable in Illinois, an Illinois federal judge on Sept. 23 confirmed the award and denied a chemical company's motion for summary judgment denying enforcement (National Aluminum Co. Ltd. v. Peak Chemical Corporation Inc., No. 14-cv-01314, N.D. Ill.; 2015 U.S. Dist. LEXIS 127060).

(Opinion available. Document #05-151027-007Z.)

National Aluminum Co. Ltd. (NALCO) filed a...
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