Alternative Dispute Resolution
Dec. 20, 2013
Firm loses arbitration bid after litigating for six months
Korean media concern waived right by delaying arbitration request, appeals court says.
Daily Journal Staff Writer
A California appeals court ruled Wednesday that a Korean media conglomerate waived its right to arbitration through "substantial use of the litigation process" in defending charges that it diluted stock prices while trying to purchase an additional stake in a subsidiary company.
Shareholders of ImaginAsian Entertainment Inc. filed suit against the American division of Korean entertainment co...
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