January 28, 2025
A California federal jury returned a verdict Tuesday clearing the head of a now-defunct LED screen distribution company of allegations that he lied to his Korean manufacturing partner about efforts to repay millions of dollars worth of mounting debts.
January 21, 2025
The owner of a now-defunct LED screen distribution company lied to his Korean manufacturing partner about repaying an over $10 million debt in order to keep receiving shipments and pay himself a hefty salary, jurors heard as a civil fraud trial opened in California federal court on Tuesday.
June 07, 2018
A California federal judge held Wednesday that a Korean LED lighting manufacturer will have to arbitrate part of a $14 million dispute with its U.S. distributor, saying an arbitration clause in one of the parties' agreements hadn't been superseded by later pacts.
November 20, 2017
A Korean LED lighting manufacturer urged a California federal court on Friday not to force arbitration of its $14 million dispute with its U.S. distributor, saying an arbitration agreement between the parties was superseded by subsequent pacts stipulating disputes would be resolved in court.
September 29, 2017
A U.S. lighting distributor and its creditor have urged a California federal court to force arbitration of their $8 million dispute with a Korean manufacturer over a distribution agreement, arguing that the parties were on notice that if a settlement couldn't be reached, they would demand that the dispute be heard by a Korean tribunal.