Legal Opinion

Sojitz Corp. v. Prithvi Information Solutions Ltd.

New York Supreme Court

Decided December 2, 2009Published

1Opinion of the Court

OPINION OF THE COURT

James A. Yates, J.

May a creditor attach assets in New York, for security purposes, in anticipation of an award in arbitration commenced in a foreign jurisdiction when there is no contact with, or connection to, New York by way of subject matter or personal jurisdiction?

Background

Petitioner Sojitz Corporation is a Japanese company with its principal place of business in Tokyo. Respondent Prithvi Information Solutions Ltd. is a company organized under the laws of India and has its principal place of business in Hyderabad, India. There is no claim that either party regularly…

2Cases cited17 opinions

  1. Shaffer v. HeitnerSupreme Court of the United States · 1977
  2. Sole Resort, S.A. De C v. V. Allure Resorts Management, Llc, Docket No. 05-5786-CvCourt of Appeals for the Second Circuit · 2006
  3. Shipping Corp. of India Ltd. v. Jaldhi Overseas PTE Ltd.Court of Appeals for the Second Circuit · 2009
  4. ABKCO Industries, Inc. v. Apple Films, Inc.New York Court of Appeals · 1976
  5. Reading & Bates Corp. v. National Iranian Oil Co.District Court, S.D. New York · 1979

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