Introduction

NINTH CIRCUIT UPHOLDS FULL $21 MILLION ARBITRATION AWARD & REJECTS DISTRICT COURT’S ERRONEOUS AWARD REDUCTION

NINTH CIRCUIT UPHOLDS FULL $21 MILLION ARBITRATION AWARD & REJECTS DISTRICT COURT’S ERRONEOUS AWARD REDUCTION

Congratulations to Hayday Farms on their victory in the Ninth Circuit Court of Appeals! In the case of Hayday Farms Inc. v. FeeDx Holdings, Inc., 21-55650 the Court ruled entirely in favor of our Client, Hayday Farms, Inc. finding that the Arbitration Tribunal’s $21 million award was correct and that the District Court had erred in vacating $7 million of the award. The entire ruling can be read by following the link.

This case centered on whether the Arbitration Tribunal exceeded its powers in issuing the sizable award due to FeeDx’s breach of contract. The Ninth Circuit found that the Tribunal acted within its powers and that the award was appropriate given the circumstances of the case.

This is a significant victory for Hayday Farms and serves as a reminder of the importance of arbitration as a means of resolving disputes. Arbitration can provide a faster and more cost-effective alternative to traditional litigation, and can be a valuable tool for businesses seeking to resolve disputes efficiently and effectively.

We are proud to have represented Hayday Farms in this matter and are pleased with the outcome of the case. If you have any questions about this case or about contractual disputes more generally, please don’t hesitate to contact our firm.