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Rubis Caribbean Holdings Inc. v. Blue Equity International, LLC et al
Case Number:
1:15-cv-24369
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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April 24, 2019
PE Fund Still Saddled With $2.25M Arbitral Award
A Florida federal judge on Tuesday upheld a $2.25 million arbitration award against an affiliate of a Delaware-based private equity fund related to its $70 million sale of a Jamaican fuel distributor, ruling that the affiliate failed to prove that an arbitrator in the case was conflicted.
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October 09, 2018
PE Firm Says Arbitrator Conflict Tainted Fight Over $70M Deal
An affiliate of a Delaware-based private equity fund urged a Florida federal court Monday to vacate a $2.25 million arbitration award related to its $70 million sale of a leading Jamaican fuel distributor, based on its argument that one of the arbitrators concealed connections to the buyer's counsel.