Arbitral Award Case Over Ecuador Company Shares Closed For 2nd Time

Mealey's (March 30, 2020, 9:59 AM EDT) -- MIAMI — A federal judge in Florida on March 24 issued a second order administratively closing a case concerning a $14,829,243 arbitral award issued for an Australian environmental services firm, after the plaintiffs notified the court that the parties have executed a confidential settlement, but some conditions for dismissal have not yet been fulfilled and they are awaiting the appointment of a representative for a deceased defendant (Cardno International PTY, Ltd., et al. v. Carlos Diego Fernando Jácome Merino, et al., No. 17-23964, S.D. Fla.)....