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USA—Will.i.am’s company ordered to pay interim advance costs award to tech investors (Trajkovski Invest AB v I.Am.Plus Electronics)

USA—Will.i.am’s company ordered to pay interim advance costs award to tech investors (Trajkovski Invest AB v I.Am.Plus Electronics)
Published on: 12 May 2020
Published by: Law360
  • USA—Will.i.am’s company ordered to pay interim advance costs award to tech investors (Trajkovski Invest AB v I.Am.Plus Electronics)
  • What did the court decide?

Article summary

Law360: A California federal judge has enforced a €210,700 (US$228,438) interim advance on costs award from a Stockholm Chamber of Commerce (SCC) tribunal in favour of a group of Swedish technology entrepreneurs arbitrating a claim that musician Will.i.am’s company improperly backed out of a US$25m deal to buy a wireless headphones startup, rejecting an argument that the award is not final. or take a trial to read the full analysis.

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