Koo

Norman Intertrade Ltd. v. Koo

Good Law
United States District Court, Northern District of CaliforniaMarch 24, 20254:24-cv-02422California1,111 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 NORMAN INTERTRADE LTD., Case No. 24-cv-02422-HSG

Plaintiff,

ORDER GRANTING PETITION TO

v. CONFIRM ARBITRATION AWARD Re: Dkt. No. 1 BON-WOONG KOO, et al., Defendants.

12 Pending before the Court is an unopposed petition to confirm final foreign arbitration award, filed by Norman Intertrade Ltd. (“Norman Intertrade”), Dkt. No. 1 (“Pet.”). The Court finds this matter appropriate for disposition without oral argument and the matter is deemed submitted. See Civil L.R. 7-1(b). For the reasons discussed below, the Court GRANTS the petition to confirm the arbitration award. I. BACKGROUND In April 2020, Petitioner Norman Intertrade and Respondents Bon-Woong Koo and the estate of Cha-Hong Koo (the “Koo Parties”) entered international arbitration to resolve a dispute concerning a promissory loan and a deed of guarantee and indemnity. Pet. at 5. One year later, the arbitrator issued a consent award. Under the terms of that…

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