AVIC IHC Asks Texas Federal Court To Vacate $70 Million Award

(April 25, 2016, 10:22 AM EDT) -- DALLAS — AVIC International Holding Corp. (AVIC IHC) on March 21 moved in Texas federal court to vacate a $70 million arbitral award pursuant to Section 10 of the Federal Arbitration Act (FAA) (Soaring Wind Energy LLC, et al. v. Catic USA Inc., et al., No. 3:15-cv-04033, N.D. Texas).

(Motion to vacate available. Document #05-160426-037M.)

AVIC IHC filed its motion in the U.S. District Court for the Northern District of Texas, asking the court to vacate the Dec. 21 award in an American Arbitration Association (AAA)...
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