Judge Orders Media Entities To Turn Over Shares To Satisfy $30M Award

Mealey's (May 10, 2018, 1:13 PM EDT) -- NEW YORK — A New York federal judge on May 8 granted a holding company’s request to be appointed as the receiver for all the shares in another entity’s primary asset to satisfy approximately $30 million in damages that remains unpaid from three Singapore arbitral awards (Daum Global Holdings Corp. v. Ybrant Digital Limited, et al., No. 13-CV-3135, S.D. N.Y., 2018 U.S. Dist. LEXIS 77552)....