Franchisors Ask Florida Federal Court To Confirm $5.1M ICC Award

Mealey's (June 12, 2019, 12:58 PM EDT) -- MIAMI — Franchisors of retail stores on June 11 filed a petition in a Florida federal court to confirm a $5,101,194.67 international arbitral award issued in their favor over the breach of a franchise agreement for the operation of retail stores in Panama, Columbia and Costa Rica (GPS Strategic Alliances LLC, et al. v. Superior Retail, Inc., et al., No. 1:19-cv-22407, S.D. Fla.)....