11th Circuit Vacates Order Restraining $10M To Pay Hong Kong Awards

(October 19, 2023, 1:47 PM EDT) -- ATLANTA — An 11th Circuit U.S. Court of Appeals panel vacated a ruling restraining $10 million held under a Colorado conservatorship to pay a potential judgment confirming arbitral awards issued by a Hong Kong International Arbitration Center (HKIAC) tribunal against the individual under conservatorship and his conservator for failure to repay a litigation funder, finding that the court lacked the power to restrain those funds....