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NML Capital Goes To Europe
NML Capital, one of Argentina’s creditors, has been trying to collect on a US judgment for years. As we saw in NML Capital v. Banco Central (2d Cir. 2011), the case of the day from July 8, 2011, the Second Circuit held that the assets of the Argentine Central Bank on deposit with the Federal……
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Case of the Day: Simmons v. Sabine River Authority
The case of the day is Simmons v. Sabine River Authority of Louisiana (W.D. La. 2011). Simmons sued Louisiana government agencies and Entergy Corp. and affiliates on behalf of a purported class of landowners near the Sabine River. The claim was that the defendants caused a catastrophic flood by opening the floodgates of the Toledo……
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Case of the Day: Avelar v. J. Cotoia Construction, Inc.
In the case of the day, Avelar v. J. Cotoia Construction, Inc. (E.D.N.Y. 2011), the Permanent Mission to the UN of the People’s Republic of the Congo owned land in Bronxville, New York. It hired J. Cotoia Construction as a demolition contractor, and Cotoia subcontracted with National Waterproofing Systems, LLC, which employed Avelar. Avelar was……
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Report on the NYU Forum on the Chevron/Ecuador Case
The Kluwer Arbitration Blog has an interesting report on the NYU forum on the Chevron/Ecuador case, which was held on October 24. Unfortunately, Letters Blogatory’s crack team of investigative journalists were on a coffee break, so I don’t have any original reporting to add to the Kluwer post. Apparently, much of the forum focused on……
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Case of the Day: Diamond Offshore (Bermuda) Ltd. v. Haaksman
The case of the day, Diamond Offshore (Bermuda) Ltd. v. Haaksman (Tex. App. 2011), asks about the limits of the judgment debtor’s power to resist recognition of a foreign judgment on the grounds that the foreign court wrongly ignored the parties’ exclusive choice of forum clause. Diamond Offshore (Bermuda) operated an oil rig off the……