9th Circuit Refuses To Reconsider Decision Vacating Asset Turnover Order

(August 9, 2018, 1:50 PM EDT) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on July 31 denied a petition for rehearing en banc of its decision to vacate an order that required a Russian national to turn over assets in a trust, to assist with the payment of a $92 million arbitral award, as premature due to similar litigation pending in Liechtenstein, which could resolve many of the same issues in the present case (Vitaly Ivanovich Smagin v. Ashot Yegiazaryan, ex rel., Nos. 16-55502, 16-56749, 17-56467, 9th Cir.)....