Legal Opinion

Monsoon Blockchain Storage, Inc. v. Magic Micro Co., Ltd.

District Court, S.D. New York

Decided July 19, 2024No. 1:22-cv-03114Unknown

1Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK MONSOON BLOCKCHAIN STORAGE, INC., Petitioner, 22-CV-3114 (JGLC) -against- OPINION AND ORDER MAGIC MICRO CO., LTD., Respondent. JESSICA G. L. CLARKE, United States District Judge: Petitioner seeks to confirm an arbitration award under the New York Convention that awarded Petitioner $27,000,000 in damages based on Respondent’s alleged breach of a stock purchase agreement. Respondent, a publicly traded South Korean company, does not oppose the petition on the merits, but instead asks the Court to dismiss or stay this action based on…

2Cases cited21 opinions

  1. Colorado River Water Conservation District v. United StatesSupreme Court of the United States · 1976
  2. Yusuf Ahmed Alghanim & Sons, W.L.L. v. Toys "R" Us, Inc. Tru (Hk) LimitedCourt of Appeals for the Second Circuit · 1997
  3. Jp Morgan Chase Bank v. Altos Hornos De Mexico, S.A. De C v. Docket No. 04-0450-CvCourt of Appeals for the Second Circuit · 2005
  4. Michael E. Wallace, David Jacaruso and Joseph Scotti v. Daljit S. Buttar and Paramjit Buttar, Robert Winston, AdditionalCourt of Appeals for the Second Circuit · 2004
  5. Cunard Steamship Company Limited v. Salen Reefer Services Ab, United Brands Company, GarnisheeCourt of Appeals for the Second Circuit · 1985

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