Arbitration Award Of More Than $45.8M Should Be Confirmed, Defendant Says
Mealey's (April 21, 2016, 9:37 AM EDT) -- DALLAS — Because a plaintiff cannot prove why an approximately $45.8 arbitration award entered against it for the termination of a hosted services agreement should be vacated, the award should be confirmed by a Texas court, a defendants maintains in an April 13 motion to confirm the arbitration award (Merchant Customer Exchange LLC v. Gemalto Inc., No. 16-03893, Texas Dist., Dallas Co.).
(Motion available. Document #05-160426-026M.)
Gemalto Inc., a Delaware corporation registered with the Texas Secretary of State as a foreign corporation, filed a demand for...