Eco Green International, LLC, et al. v. Acapital, S.R.O., et al.
The Third District affirmed an order compelling arbitration of Florida RICO and tort claims brought by a Florida trading company against individual non-signatory corporate principals who managed and executed the underlying international wine-must supply agreements. The court applied the equitable estoppel exception to allow non-signatories to compel arbitration where the claims alleged against them were intertwined with and inherently inseparable from the signed agreement.
Key facts
- Eco Green (Florida trading company) and Jugo Australes (Argentine wine manufacturer) entered a $68.4 million, three-year wine-must supply agreement with Iberte; Acapital executed a related repurchase clause; both agreements designated the Arbitration Tribunal of the Mendoza Stock Exchange as the dispute resolution forum.
- Iberte made payments but Jugo Australes delivered no wine must; Iberte terminated the agreement in November 2021; the Mendoza Arbitration Tribunal ultimately found the agreement was a valid contract and awarded $12,195,750 against Eco Green and Jugo Australes.
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Holdings
- An order granting a motion to dismiss, even with prejudice as to some counts, is not a final order unless it contains language constituting an entry of dismissal of the entire case and…
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