$134M Award Must Be Recognized, Shipbuilder Tells Mississippi Federal Court

Mealey's (July 1, 2019, 11:57 AM EDT) -- GULFPORT, Miss. — In a June 26 memorandum, a plaintiff maintains that a February 2018 international arbitration award issued on its behalf — currently valued at more than $134 million — is final, binding and should be recognized by a Mississippi federal judge (Northrop Grumman Ship Systems Inc., et al., v. Ministry of Defense of the Bolivian Republic of Venezuela, No. 02-785, S.D. Miss.)....