Foreign Cos. Urge NY Court To Confirm $14M Arbitral Awards
Law360 (February 3, 2020, 7:28 PM EST) -- A businessman's foreign-registered companies have urged a New York federal court to confirm $14 million in awards they won in the London Court of International Arbitration against his childhood friend and former associate's Cyprus-based companies, which he accuses of forum shopping and asset shuffling to avoid paying up.
Businessman Alex Spiegel's companies urged the court on Friday to "not get confused" by the tactics of his former business associate Yuri Drukker and his Cyprus-registered companies, according to a memorandum of law opposing a motion to dismiss.
Counsel for Spiegel's companies — British Virgin Islands-registered Mazlin Trading Corp. and Liberia-registered Shireen Maritime...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!