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Prodigy Finance (CM2021-1 DAC) v Foster Adade (US District Court, District of Maryland)

Why it matters

Part of the Prodigy Finance consumer-loan arbitration programme administered by CIArb. Prodigy Finance (CM2021-1 DAC) v Foster Adade, 9 July 2025. Shows how a private arbitration award is confirmed and enforced through the national courts. The full document is at the linked original.

Summary

Prodigy Finance (CM2021-1 DAC) v Foster Adade: a United States court decision in the enforcement of a Prodigy Finance arbitration award. Prodigy Finance is a cross-border education-loan lender whose loan agreements provide for arbitration administered by CIArb; where a borrower does not pay, the lender seeks to confirm and enforce the award through the national courts. This entry is the order of default in that enforcement, published via Jus Mundi. It links directly to the original document, which sets out the procedural posture and the relief granted. For a practitioner it is a concrete example of how a private consumer-loan arbitration award is taken into a domestic court and turned into an enforceable judgment.

The detail

Parties: Prodigy Finance (CM2021-1 DAC) (claimant) v Foster Adade (respondent)

Read the full decision at Jus Mundi ↗

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