Guatemalan Bank Wins Award’s Confirmation After Panamanian Party Fails To Respond

Mealey's (January 23, 2023, 10:41 AM EST) -- MIAMI — A Florida federal judge confirmed an arbitral award in which a Panamanian entity’s claims for $400 million in damages from a Guatemalan bank over a share dividends dispute were dismissed and no damages were awarded, with the judge finding the Panamanian entity had failed to oppose the Guatemalan bank’s petition....