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Canadian Construction Co.’s CA$26.49M Arbitral Award OKed

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Canadian Construction Co.’s CA$26.49M Arbitral Award OKed

Canadian Construction Co.’s CA$26.49M Arbitral Award OKed

Law360 (March 2, 2020, 8:08 PM EST) — A California federal judge has confirmed an arbitration award totaling CA$26.49 million ($19.81 million) owed to a Canadian construction firm by a Cayman Islands man, ruling that he didn’t file a timely opposition brief and that the firm met its burden to confirm the award.

U.S. District Judge Michael M. Anello granted Friday what is effectively Calgary, Alberta-based Pacer Construction Holdings Corp.’s unopposed petition to confirm the award against Cayman Islands resident Richard Pelletier and the Calgary-based holding company named after him.

Judge Anello found that he had no basis to refuse confirmation of the awards under the New York Convention…

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