Judge Finds No Jurisdiction To Enforce $4.3M Award Against Indian Food Company

( March 19, 2024, 12:07 PM EDT) -- TRENTON, N.J. — A New Jersey federal judge denied a potato company’s U.S. and India-based affiliates’ petition to confirm a Singapore International Arbitration Centre (SIAC) arbitral award worth more than $4.3 million over a dispute with an Indian company arising out of their failed joint venture in Gujarat, India, after finding that the Indian company’s ties to a New Jersey affiliate did not provide the court with jurisdiction to rule on the petition....