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

Mealey's (June 7, 2019, 12:36 PM EDT) -- NEW YORK — A Guernsey resource company on June 4 asked a New York federal court to dismiss a Brazilian entity’s 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 (ValeS.A. v. BSG Resources Limited, No. 19-cv-3619, S.D. N.Y.)....