$1.5M Chinese Arbitral Award For Breach Of Facebook Marketing Contract Confirmed

( December 20, 2024, 10:51 AM EST) -- LOS ANGELES — A California federal judge confirmed a Shenzhen Court of International Arbitration (SCIA) award worth $1.5 million in favor of a Hong Kong company for its dispute with an American marketing company that agreed to conduct marketing services on Facebook but was unable to perform the contract after Facebook froze the pages and sued it for a “bait-and-switch” scheme in 2021....