January 11, 2019
A group of U.S. investors who won more than $3.2 million in international arbitration against a company that allegedly perpetrated an investment fraud scheme have urged a Michigan federal court not to partially vacate their award, arguing that it had already been confirmed by the court last month.
November 29, 2018
A company accused of perpetrating an investment fraud scheme has told a Michigan federal judge that he can't enforce a $3.2 million arbitration award secured by three investors, saying their agreements clearly indicate that any enforcement efforts belong in Hong Kong.
August 29, 2017
A Michigan federal judge on Monday ordered three American companies suing over an alleged $1.65 million investment fraud scheme to arbitrate their dispute in Hong Kong, freezing their court case after finding that arbitration should be compelled since there was a possibility that the parties intended to arbitrate.
June 08, 2017
Three companies suing over an alleged $1.65 million investment fraud have told a Michigan federal court that they were not bound by a clause requiring Hong Kong arbitration to settle disputes because the tribunal named by the clause does not exist.