Standard Chartered Bank v. Ahmad Hamad Al Gosaibi & Bros.

Order, Supreme Court, New York County (Ellen M. Coin, J.), entered December 14, 2012, which denied defendants’ motion to dismiss the complaint seeking to enforce a foreign money judgment, and granted plaintiffs cross motion for summary judgment in the amount of the judgment plus interest, unanimously affirmed, with costs.

Contrary to defendants’ contention, the proceeding that resulted in the underlying judgment in the Bahrain Center for Dispute Resolution was not a compulsory arbitration, but a judicial proceeding. Thus, there is no special requirement for appeals and no other due process…