October 05, 2017
A Louisiana federal court Wednesday confirmed a $6.7 million arbitral award and interest to a Mexican drilling company following its dispute with a Louisiana company over the maintenance of three chartered drilling barges, finding that even if an arbitrator had not awarded it, interest is conferred as a matter of law.
May 30, 2017
A Mexican drilling company stood by its bid for post-judgment interest on a more than $6.1 million arbitration award Friday in Louisiana federal court, arguing a Louisiana company accused of insufficiently maintaining three chartered drilling barges "misleads" the court when it says the underlying award never granted interest.
April 04, 2017
A Mexican drilling company on Monday asked a Louisiana federal judge to confirm an award of more than $6.13 million, plus interest, issued in its favor by an international arbitrator over allegations that a Louisiana company failed to properly maintain three drilling barges under a charter agreement.