Judge Confirms Award But Declines To Enjoin Parallel Action In Austria

Mealey's (June 18, 2020, 11:58 AM EDT) -- NEW YORK — A New York federal judge on June 16 granted a petition to confirm an arbitral award of $192,304.39 in favor of a U.S. shipping company against an Austrian company for a contractual dispute but, citing international comity concerns, declined the U.S. company’s request to enjoin enforcement of a 250,000 euro judgment against it in a parallel litigation brought by the Austrian company in an Austrian court (Ocean World Lines v. Transocean Shipping Transportagentur Gesmbh, No. 19-43, S.D. N.Y., 2020 U.S. Dist. LEXIS 104841)....