In Re Arbitration Between Kudasi Claimant And Naviera Intercontinental, Inc. S.A.
Sep 21, 2012OUTCOME: Decision in favor of vessel owner (seller)
Dispute arising under an Amended Saleform 1993 Agreement Panama corporation and Naviera Intercontinental, Inc. S.A. of Panama ("Naviera" or "Buyer") for the sale of the M/V MALICIA. Arbitration brough ... t as a result of Naviera's failure to complete its purchase of the Vessel and for ownership of Naviera's December 7, 2011 deposit made in connection with the sale of the Vessel.
