Judge Sanctions Florida Company For ‘Frivolous’ Bid To Vacate Award Worth $150K

( July 29, 2026, 2:31 PM EDT) -- ORLANDO, Fla. — A Florida federal judge on July 29 granted a Singaporean agricultural company’s motion for sanctions against a Florida company and ordered the Florida company to pay attorney fees and costs incurred litigating its “frivolous” counterpetition to vacate a Refined Sugar Association (RSA) panel’s arbitral award worth more than $150,000 with interest, which the court found was filed “without any objectively reasonable legal basis.”...