Judge Confirms $3M Arbitral Award In Mining Company Dispute, Denies Attorney Fees

Mealey's (June 11, 2020, 2:08 PM EDT) -- NEW YORK — A federal judge in New York on May 27 confirmed an arbitral award of $2,972,833.31 in favor of an investment banking firm related to its dispute with a Canadian mining company that did not appear in the proceedings and denied the firm’s requests for attorney fees and prejudgment interest as unsupported by the record (Seaport Global Holdings LLC v. Petaquilla Minerals Ltd., No. 19-9347, S.D. N.Y., 2020 U.S. Dist. LEXIS 92270)....