Arbitrator's award is upheld

Remote Solution Co., LTD. v. FGH Liquidating Corp. f/k/a Contec Corporation, C.A. No. 06-004-SLR, July 31, 2008.

Robinson, J.  Petitioner’s motion to vacate or modify and arbitration award is denied.  The court has jurisdiction pursuant to 29 U.S.C. § 1401(b)(2).

This dispute arises from a 1999 Manufacturing and Purchase Agreement regarding universal remote control units.  AAA arbitration was held whereby the arbitrator ruled in favor of the respondent in the amount of $482,067.50.  The arbitrator issued a preliminary ruling.  The parties did not request a final order and petitioner unsuccessfully challenged the sufficiency of the opinion. The court upheld the arbitrator’s award.

A full copy of the opinion is available here.

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