April 24, 2019
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.
October 09, 2018
An affiliate of a Delaware-based private equity fund urged a Florida federal court Monday to vacate a $2.25 million arbitration award related to its $70 million sale of a leading Jamaican fuel distributor, based on its argument that one of the arbitrators concealed connections to the buyer's counsel.