Investor Must Pay $27.3M Judgment Despite Lack Of ‘Preferred’ Shares, Judge Says

Mealey's (May 19, 2021, 11:35 AM EDT) -- MIAMI — A Chilean winery investor against whom judgment was entered for a $27.3 million arbitral award lost his bid for an order to show cause why a Chicago-based investment entity failed to comply with judgment when a Florida federal judge on May 14 ruled that the investor’s argument that the entity failed to deposit “preferred” shares to satisfy judgment was waived because it was not raised earlier in the proceeding....