U.S. District Court Confirms ICC Arbitration Award in Favor of glass-inspiration
The United States District Court for the District of Minnesota has confirmed the arbitration award issued by the International Chamber of Commerce (ICC) in favor of glass-inspiration against M.G. McGrath Inc., Glass & Glazing. The ruling enforces M.G. McGrath Inc., Glass & Glazing obligation to pay outstanding invoices, accrued interest, and legal fees as determined by the arbitration tribunal.
Case Background
The dispute arose from the St. Nicholas Greek Orthodox Church project in New York, where glass-inspiration provided an innovative glass-stone-glass composite façade. While glass-inspiration fulfilled its contractual obligations, M.G. McGrath Inc., Glass & Glazing, which was responsible for the substructure, failed to properly accept, process, and pay for the delivered materials. This led to arbitration proceedings under the ICC’s jurisdiction.
Arbitration and Court Ruling
The ICC tribunal ruled in favor of glass-inspiration, awarding the company a total sum of approx. $1.4 million, including principal claims, interest, and legal expenses. The U.S. District Court upheld this ruling, rejecting M.G. McGrath Inc., Glass & Glazing’s legal objections and confirming the enforceability of the arbitration award. The court’s decision affirms the binding nature of international arbitration agreements and underscores the importance of compliance with contractual commitments.
Current Status and Next Steps
Despite the court’s ruling, M.G. McGrath Inc., Glass & Glazing has attempted to delay compliance with the payment order through additional legal maneuvers. glass-inspiration is pursuing all necessary legal measures to enforce the judgment and secure full payment.
Significance of the Case
This case highlights the importance of contractual integrity and the effectiveness of international arbitration in resolving commercial disputes. The ruling reinforces that arbitration awards are legally binding and enforceable, even in complex international business transactions.
glass-inspiration remains committed to upholding its rights and ensuring fair business practices in the industry.
