December 13, 2021
The former owners of an Iowa textile company are defending a $5.8 million arbitral award they won in a fight stemming from a $21.5 million acquisition deal with a Mexican denim manufacturer, saying the acquiring company offers only speculation to back claims the arbitrator was biased.
November 19, 2021
Mexican garment maker GSL Holdings de S.A. de C.V. on Thursday asked a federal court to undo an arbitration award stemming from its $21.5 million acquisition of an Iowa textile manufacturer, arguing the award entered by the International Court of Arbitration was "fatally-flawed."