Investment Fund Seeks To Confirm $4.1M Award Against Chinese CEO

( September 3, 2025, 2:00 PM EDT) -- NEW YORK — An investment fund on Sept. 2 filed a brief in New York federal court in support of its petition to confirm a more than $4.1 million arbitral award against the founder and CEO of a Chinese online grocery retailer for failure to perform a put agreement as was required after the retailer’s market capitalization fell below a certain threshold, arguing that there is no reason not to confirm the award with interest....