OC Public Company Secures Multi-Million Dollar Arbitration Award Against Fortune 500 Company
After a one-week trial before an arbitration panel in Fort Worth, Texas, we secured an award of nearly $3.5 million for an OC public company against Fortune 500 Company.
Stradling’s team prevailed at trial over a spirited defense from the defendant, which was represented by Arnold & Porter Kaye Scholer. The panel found that the Fortune 500 company had breached its representation and warranty in the agreement, and its award required the company to pay damages, interest and attorneys’ fees, and to reimburse our client for its portion of arbitration costs.