Case Overview

Taylor-Wharton America Inc. brought arbitration proceedings against Cryogenic Vessel Alternatives, Inc. and INOX India Private Ltd. (also known as “INOXCVA”) for alleged violations of a noncompete clause in a $20,000,000 asset purchase agreement. Under the agreement, Taylor-Wharton purchased Cryogenic’s North American assets, and INOXCVA promised not to maintain a manufacturing or distribution facility in North America for 10 years after that. Taylor-Wharton claims that INOXCVA violated this covenant by using a Texas-based agent — Allcryo, Inc. — to receive, store, market and distribute cryogenic tanks on its behalf. Taylor-Wharton seeks over $50,000,000 in damages and a permanent injunction. The arbitration is scheduled for October 2025 in Houston, Texas. Taylor-Wharton is represented by Jared Slade and Sidney Webb of Alston & Bird LLP, while Daniella Main and Michael Thompson of Vartabedian Katz Hester & Haynes LLP represented, handling third-party discovery issues.