$4.5M Arbitral Award Confirmed By New York Federal Judge

Mealey's (July 2, 2019, 12:47 PM EDT) -- NEW YORK — A New York federal judge on June 28 rejected efforts by a Panamanian company to vacate a $4.5 million arbitration award issued by a tribunal in connection with violations of the noncompete provision of a sales purchase agreement (SPA) (Superior Energy Services Columbia S.A.S. et al., v. Premium Petroleum Services S. De R.L., et al., No. 18-7704, S.D. N.Y., 2019 U.S. Dist. LEXIS 108743)....