Guernsey Entity Asks Court To Dismiss Petition To Confirm $2B Award

Mealey's (July 19, 2019, 10:15 AM EDT) -- NEW YORK — In a July 25 reply brief, a Guernsey resource company accuses a Brazilian entity of attacking its litigation history “in an attempt to color” a New York federal court’s view of a motion to dismiss a petition to confirm an approximately $2 billion arbitral award or to defer a decision until its action to set aside the award in England is resolved (Vale S.A. v. BSG Resources Limited, No. 19-cv-3619, S.D. N.Y.)....