Companies Seek Confirmation Of $3.1M Award Over Operations Of Stores In Korea

Mealey's (January 3, 2019, 8:30 AM EST) -- NEW YORK — South Korean entities on Dec. 28 filed a petition to confirm a $3,170,878 international arbitral award, asking a New York federal court to recognize the award that was issued in their favor in a dispute related to an agreement for the operation of retail stores in South Korea (Origin & Co., Ltd., et al. v. JFI Global Purchasing, Ltd., No. 1:18-cv-12235, S.D. N.Y.)....