Legal Opinion

Fareast Commodities Resources Ltd. v. Sgs Sa

District Court, S.D. New York

Decided March 9, 2011No. 11 Civ. 1322 (LLS)Published

1Opinion of the Court

MEMORANDUM AND ORDER

LOUIS L. STANTON, District Judge.

Before me is an application for an order authorizing process of maritime attachment pursuant to Rule B of the Supplemental Rules for Admiralty or Maritime Claims and Asset Forfeiture Actions.

The application is denied, and the complaint is dismissed for lack of jurisdiction.

Background

On November 5, 2009, the plaintiff contracted to purchase iron ore fines from Bilasraika Sponde Iron India Pvt Ltd. The contract provided that if the ore contained less than 51% iron, the plaintiff could elect a price adjustment or reject the ore. The load port…

2Cases cited6 opinions

  1. Jerome B. Grubart, Inc. v. Great Lakes Dredge & Dock Co.Supreme Court of the United States · 1995
  2. Vasquez Ex Rel. Bautista v. GMD Shipyard Corp.Court of Appeals for the Second Circuit · 2009
  3. Lucky-Goldstar, Int'l (America) Inc. v. Phibro Energy International, Ltd.Court of Appeals for the Fifth Circuit · 1992
  4. International Ore & Fertilizer Corp. v. SGS Control Services Inc.District Court, S.D. New York · 1990
  5. Indagro S.A. v. Bauche S.A.District Court, S.D. New York · 2009

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