Judge Rejects New York Company’s Challenges, Confirms $2.4M CIETAC Award

Mealey's (August 6, 2021, 1:51 PM EDT) -- SYRACUSE, N.Y. — A New York federal judge on Aug. 3 confirmed an arbitral award in favor of two Chinese manufacturers worth approximately $2.4 million against a New York company after rejecting the company’s defenses including that a fair arbitration for a U.S. company in China was “impossible” due to worsening relations between the United States and China....