OPI Says Spanish Ex-Distributor Row Must Be Arbitrated
By Natalie Olivo (July 21, 2017, 7:41 PM EDT) -- Nail polish manufacturer OPI Products Inc. has urged a California federal court to compel a Spanish salon products distributor to arbitrate a dispute over a distribution agreement, saying it believes the Spanish company intends to violate the agreement's arbitration provision by suing in its home country.
North Hollywood-based OPI on Wednesday filed its petition to compel ICON Europe SL to arbitrate a dispute arising from OPI's decision to end an agreement for ICON to distribute OPI cosmetic products in Spain. Upon learning of OPI's intention not to renew the agreement, ICON claimed it was entitled to compensation of more than $1...
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