Judge Confirms Hong Kong Award Worth More Than $800K For Unpaid Loan

( January 30, 2025, 1:06 PM EST) -- WILMINGTON, Del. — A Delaware federal judge granted a Cypriot company’s motion for default judgment confirming a Hong Kong International Arbitration Centre (HKIAC) worth more than $800,000 against a Delaware entity that did not appear in court or participate in arbitration after failing to make required payments under a convertible loan agreement....