N.Y. Federal Judge Confirms $2.8M Arbitration Award In Trademark License Case

(February 23, 2020, 8:29 AM EST) -- NEW YORK — A federal judge in New York on Feb. 10 granted a company's petition to confirm a final arbitration award of $2,871,570.99 plus interest issued in a trademark license agreement dispute against two Indian entities that did not respond to the petition, holding that the arbitrator did not exceed his powers and that none of the grounds for vacating the award under the Federal Arbitration Act (FAA) applied (Jolen, Inc. v. Kundan Rice Mills, Ltd., et al., No. 19-1296, S.D. N.Y., 2020 U.S. Dist. LEXIS 22825)....