ICC Issues Award for Sweeteners Plus in Dispute Over $7 Million Escrow

March 25, 2014

The International Chamber of Commerce (ICC) International Court of Arbitration on Feb. 17 issued an award in favor of a sweetener processor and distributor, finding that New York law applied to the dispute and that a Panamanian entity was bound by the terms of a contract for the shipment of sugar (Sweeteners Plus Inc. v. Archangel World Investment Inc., No. 18497/VRO/AGF, ICC)…

Sweeteners is represented by Vincent M. DeOrchis, Kaspar Kielland, Rimma Tsvasman and Jennifer Canfield of Montgomery McCracken Walker & Rhoads in New York

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