Judge Confirms Award For Advance Arbitration Fees Against U.S. Tech Company

Mealey's (May 12, 2020, 1:20 PM EDT) -- LOS ANGELES — A federal judge in California on May 7 granted a motion to enforce a 210,700 euro final interim award for advance arbitration costs against a U.S. tech company, holding that while the underlying arbitration remains pending, the separate award for costs is final under Stockholm Chamber of Commerce (SCC) arbitral rules and that the petitioner’s lack of “immediate need” is not a defense to enforcement under the New York Convention (Trajkovski Invest AB, et al. v  I.Am.Plus Electronics, Inc., No. 20-152, C.D. Calif.)....