By Caroline Simson (May 18, 2022, 8:56 PM EDT) -- An Indian state-owned oil company suffered a setback on Wednesday in its efforts to enforce a nearly 7-year-old, $3.8 million arbitral award against Yemen after a New York court said its attempt to track down the location of Yemeni assets was too broad.
Judge Ronnie Abrams of the U.S. District Court for the Southern District of New York denied a motion by the Gujarat State Petroleum Corp. Ltd. to compel discovery from the Federal Reserve Bank of New York regarding accounts held there by the Central Bank of Yemen, saying that as currently drafted, the subpoena is not sufficiently limited to...
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!
TRY LAW360 FREE FOR SEVEN DAYS