Construction Co. Should Pay $2.3M Arbitral Award: Judge

By Danielle Nichole Smith (May 4, 2018, 7:23 PM EDT) -- A New York magistrate judge on Friday recommended the confirmation of a $2.27 million arbitration award entered against a construction company that allegedly failed to make contributions to a carpenter union's benefit funds that were required by collective bargaining agreements.

U.S. Magistrate Judge Anne Y. Shields found that the arbitrator's award was based on the "essence" of the collective bargaining agreements between the Northeast Regional Council of Carpenters and Pisgah Builders Inc. and that it wasn't unreasonable or contrary to law. The arbitrator in May 2017 had awarded the trustees of the union's Employee Retirement Income Security Act funds nearly $1.5...

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