Fla. Judge Affirms $20M Arbitration Award In Samsung Row

Law360, Miami (July 20, 2017, 8:00 PM EDT) -- A Florida judge affirmed a $20 million arbitration award Wednesday for a Latin American unit of Samsung in a dispute with a Miami-area phone distributor over a breach of an agreement to sell Samsung phones.

Judge John W. Thornton, who earlier denied phone distributor CT Miami LLC's motion to vacate the award, affirmed the decision by an arbitrator of the International Centre for Dispute Resolution in favor of Samsung Electronics Latinoamerica Miami Inc.

The arbitrator awarded more than $21 million for Samsung's claim, $3.5 million in interest and late fees, and $365,000 for the costs of the arbitration. The award was...

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