litigation
confidence high
sentiment positive
materiality 0.65
Reliability Inc awarded $1.21M in attorneys' fees in arbitration supplemental award
RELIABILITY INC
- Arbitrator entered third supplemental award of $1,209,088.65 in fees and expenses in favor of Reliability and co-parties.
- Award is jointly and severally against Naveen Doki, Silvija Valleru, Shirisha Janumpally, and Kaylan Pathuri.
- Interest on the award will be determined by the Rehabilitative Receiver based on collection timing.
- This follows prior arbitration awards on August 31, 2022 and May 17 and October 10, 2023.
- A Rehabilitative Receiver was appointed in October 2023 to collect the original award.