Legal Opinion
Sojitz Corp. v. Prithvi Information Solutions Ltd.
Appellate Division of the Supreme Court of the State of New York
Decided March 10, 2011PublishedCited by 2 opinions
1Opinion of the Court
OPINION OF THE COURT
Renwick, J.
In this proceeding, we are asked to determine an issue apparently of first impression in this state, that is, whether a creditor can attach assets in New York, for security purposes, in anticipation of an award that will be rendered in an arbitration proceeding in a foreign country, where there is no connection to New York by way of subject matter or personal jurisdiction. We answer in the affirmative, holding that, pursuant to CPLR 7502 (c), a pre-award attachment in international arbitration is proper; that is, debt owed by an entity domiciled within this…
2Cases cited18 opinions
- International Shoe Co. v. WashingtonSupreme Court of the United States · 1945
- Fuentes v. ShevinSupreme Court of the United States · 1972
- Pennoyer v. NeffSupreme Court of the United States · 1878
- Shaffer v. HeitnerSupreme Court of the United States · 1977
- Mitchell v. W. T. Grant Co.Supreme Court of the United States · 1974
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3Cited by2 opinions
- Kadish v. First Midwest Securities, Inc.Appellate Division of the Supreme Court of the State of New York · 2014
- Kadish v. First Midwest Securities, Inc.Appellate Division of the Supreme Court of the State of New York · 2014