2/10/22 Florida Supreme Court Oral Arguments: Tribeca Asset Management, Inc. v. Ancla International, S.A. SC21-24

Ancla International, S.A. (Ancla) and Tribeca Asset Management, Inc. (Tribeca), both foreign entities, allegedly entered into an agreement, and Ancla filed a petition seeking to compel Tribeca to arbitrate a dispute in Florida. Tribeca filed a motion to dismiss, arguing that the Florida trial court did not have jurisdiction over Tribeca. The trial court agreed and dismissed the case, ruling that it did not have jurisdiction over Tribeca because the disputed language in the agreement only contained a choice of law clause. The Third District Court of Appeal reversed the trial court’s dismissal and held that Florida’s Arbitration Code, through the agreement, gave the trial court jurisdiction over Tribeca. Tribeca seeks this Court’s review, arguing the Third DCA’s decision conflicts with other appellate court decisions.