The U.S. District Court for the Southern District of New York recently issued a final judgment for WHIPgroup client Koslow Technologies Corporation (Koslow) in the amount of $18M, plus full costs of $1M.
The Court’s ruling ends a long-running dispute between Koslow and plaintiff One World Filter Corporation arising out of a series of agreements for the manufacture and distribution of water filters. After being sued in the Southern District of New York in a complaint seeking $1B in damages, Koslow moved to compel arbitration. At arbitration, Koslow counterclaimed for breach of contract, unjust enrichment, and tortious interference. In January 2024, after discovery and voluminous briefing, the parties conducted a formal arbitration hearing before a panel of AAA-ICDR arbitrators. The panel found for Koslow and awarded $17M, plus prejudgment interest and costs. Koslow returned to the Southern District to confirm the award shortly thereafter.
The case is One World Filter Corporation v. Koslow Technologies Corporation et al., number 1:21-cv-10769, in the U.S. District Court for the Southern District of New York. A link to the court’s ruling is here.
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