New Balance Say Award For Peruvian Contract Breaches Deserves ‘Extreme Deference’

Mealey's (March 16, 2021, 1:14 PM EDT) -- BOSTON — New Balance Athletics Inc. on March 8 moved to dismiss a petition filed by an Ecuadorian entrepreneur and his Peruvian business to vacate an approximately $3.3 million arbitration award in New Balance’s favor for breaches of a distribution contract and cross-moved to confirm the award, arguing that the plaintiffs’ petition is time-barred and that the court should defer to the arbitrator’s findings....

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