Panel Finds No Jurisdiction Over Moldovan Gas Dispute, Vacates Renewal Of Judgment

Mealey's (June 24, 2021, 1:00 PM EDT) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel on June 22 vacated a district court’s order renewing a default judgment and ordering a Moldovan gas company and the Republic of Moldova to pay more than $32.5 million after finding they are not alter egos and the court lacked jurisdiction over the dispute, but the panel affirmed the lower court’s refusal to vacate the underlying default judgment from 2000....