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Panel Affirms Confirmation Of $16.6M Award Over Failed Power Plant Project

Mealey's (August 9, 2018, 2:02 PM EDT) -- AUSTIN, Texas — A Texas appeals court on Aug. 8 affirmed a trial court’s ruling to confirm a $16,665,184.60 arbitral award issued in favor of a Mexican entity, which entered into an agreement for the purchase and assembly of used electrical-generation equipment for use in the construction of a power plant, holding that an equipment company failed to show that the tribunal erred in not transcribing the hearing (Dixie Equipment LLC, et al. v. Energia de Ramos, S.A.P.I. de C.V., No. 03-17-00492, Texas App., 3rd Dist.)....
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