Federal Judge Orders Turnover Of Stock Certificates To Satisfy Award
(October 8, 2015, 10:50 AM EDT) -- NEW YORK — A New York federal judge on Oct. 6 granted a Korean global holding corporation's request for a turnover of stock certificates in a variety of wholly owned subsidiaries to satisfy a final arbitration award totaling $35 million in damages, but denied a request for discovery as premature (Daum Global Holdings Corp. v. Ybrant Digital Limited, et al., No. 13-03135, S.D. N.Y.; 2015 U.S. Dist. LEXIS 136835).
(Opinion available. Document #05-151027-015Z.)
Daum Global Holdings Corp. filed a petition to confirm in the U.S....