Federal Judge Enters Default, Confirms $2.1M Award For ING Bank

Mealey's (June 20, 2017, 12:53 PM EDT) -- SEATTLE — After a fuel bunker trader failed to respond to a bank's petition to confirm a London arbitral award issued in its favor, a Washington federal judge on June 15 entered a default ruling for the bank and ordered the trader to pay it $2,103,750 (ING Bank, N.V. v. Express Pacific LLC, No. 17-0336, W.D. Wash., 2017 U.S. Dist. LEXIS 92464)....

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