South American Entrepreneur And Business Deny Consenting To Arbitrate With New Balance

Mealey's (March 3, 2021, 8:11 AM EST) -- BOSTON — An Ecuadorian entrepreneur and his Peruvian business argue in a Feb. 22 amended petition and motion to vacate an approximately $3.3 million arbitration award against them that the arbitrator improperly exercised jurisdiction over them as nonsignatories to the underlying distribution agreement with New Balance Athletics Inc....