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Cotton Cos. Win Confirmation Of $8.9M Arbitration Award

Law360 (July 12, 2018, 5:31 PM EDT) -- A California federal judge has affirmed an $8.9 million arbitration award secured by two U.S. cotton companies against an Indian yarn spinner that unsuccessfully lodged competition claims against them, shooting down the foreign company's claims that the matter shouldn't have been sent to arbitration in the first place.

U.S. District Judge John A. Kronstadt on Tuesday granted a request by cotton merchant Jess Smith & Sons Cotton LLC and grower J.G. Boswell Co. to lift the stay he imposed when he sent the dispute to arbitration,...
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