Federal Judge Confirms $2.2M Award For Failed Yacht Purchase Contract

(December 7, 2018, 12:39 PM EST) -- MIAMI — A Florida federal judge on Nov. 26 confirmed two arbitral awards issued for a Florida entity in a dispute over a contract for the purchase of a yacht, ordering a Chinese vessel maker to pay $2,258,465.05 (King Baby Marine, LLC v. Zhuhai Iag Yacht Engineering Co. Ltd., No. 18-cv-62172, S.D. Fla.)....