We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

GE Gets $3M Award Confirmed Against Fridge Maker, Seller

Law360, New York (January 12, 2018, 9:10 PM EST) -- A New York federal judge on Friday confirmed a $3 million arbitral award that General Electric Co. won against a manufacturer and a seller in a dispute concerning their contractual obligation to indemnify GE in a lawsuit over damage that an allegedly defective refrigerator caused.

U.S. District Judge Alison J. Nathan confirmed an arbitration panel’s February award that ordered Taiwan-based Sampo Corp. and China-based Sampo Enterprise Co. Ltd. to pay $3,051,817 to GE. Judge Nathan found the two companies were contractually obligated to indemnify GE with...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.