Spineway SA v. Strategos Group LLC
Case Number:
1:22-mc-00604
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Nature of Suit:
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Firms
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March 04, 2024
French Spinal Care Co. Can't Get €4.2M Award Enforced
A Delaware judge has blocked the enforcement of a €4.2 million ($4.56 million) arbitral award issued in a dispute over failed plans for a French medical equipment company to expand into Colombia, ruling that the company misinterpreted an arbitration clause that referred to a nonexistent arbitral forum.
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December 22, 2022
French Medical Co. Wants €4.2M Award Over Failed Expansion
A French company that designs supplies to treat severe spinal disorders asked a Delaware federal court on Thursday to enforce the €4.2 million arbitral award it won earlier this year over failed plans to expand into Colombia, where the company had agreed to buy a stake in medical clinics.