Brazilian Companies Dismiss Bid To Confirm $38M Solar Panel Award After Settlement

(November 15, 2023, 1:48 PM EST) -- NEW YORK — Fourteen Brazilian companies on Nov. 14 filed in New York federal court a notice of voluntary dismissal of their petition to confirm an International Chamber of Commerce (ICC) award worth more than $38 million against a Singaporean solar panel manufacturer for failure to fulfill a solar panel sales agreement, three months after the parties reportedly reached a settlement....