Federal Judge Grants Request For Funds To Satisfy $33.7 Million Award
Mealey's (October 14, 2015, 12:23 PM EDT) -- PITTSBURGH — A Pennsylvania federal judge on Oct. 9 granted a corporation's motion for summary judgment against a bank, seeking funds that the bank obtained after it was served with a writ of garnishment in relation to a $33,777,000 arbitral award (Sojitz Corp. v. Prithvi Information Solutions Limited, et al., No. 2:12mc471, W.D. Pa.; 2015 U.S. Dist. LEXIS 138128).
(Opinion available. Document #05-151027-016Z.)
On Dec. 18, 2012, the U.S. District Court for the Western District of Pennsylvania entered a judgment for Sojitz Corp. and against...