Chinese font company spared hefty award
It has emerged that a JAMS sole arbitrator issued a US$414 million award in favour of a Chinese font company (Credit: istock.com/yenwen)
An appeal court in Los Angeles has held that a Chinese technology company that creates Chinese fonts for typeface need not pay a US$414.6 million award secured from a sole arbitrator by its US joint venture partner owing to a failure in service.
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