Tag: Arbitration

  • Del Monte’s $32-Million Arbitration Award Confirmed in Pineapple Seed Dispute

    A Florida federal court has confirmed an arbitration tribunal’s decision awarding $32 million to Del Monte International for Inversiones Y Procesadora Tropical Inprotsa’s continued use of Del Monte pineapple seeds after the agreement permitting use had expired. Inversiones Y Procesadora Tropical Inprotsa v. Del Monte Int’l, No. 16­-24275 (S.D. Fla., order entered May 1, 2017).…

  • Shook Partner Arbitrates $32-Million Dispute over Pineapple Seeds

    Shook Partner Bert Ocariz served as an arbitrator in a dispute between Fresh Del Monte Produce Inc. and Inversiones y Procesadora Tropical SA that concluded with an award of $32 million to Del Monte. Del Monte Int’l GmbH v. Inversiones y Procesadora Tropical SA, No. 20097/RD (Int’l Chamber of Commerce). Del Monte argued that the…