Law360 (April 24, 2019, 4:47 PM EDT) -- A Florida federal judge on Tuesday upheld a $2.25 million arbitration award against an affiliate of a Delaware-based private equity fund related to its $70 million sale of a Jamaican fuel distributor, ruling that the affiliate failed to prove that an arbitrator in the case was conflicted.
In granting Barbados-based Rubis Caribbean Holdings Inc.'s motion to confirm the award, U.S. District Judge James Lawrence King ruled that arbitrator Luis E. Graham's role in another, unrelated case would not lead a reasonable person to believe there was a conflict of interest.
Judge King also rejected claims by BE TAG Holdings Ltd., a...
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