Matter of Rockwood Pigments NA, Inc. v. Elementis Chromium LP

Order, Supreme Court, New York County (Melvin L. Schweitzer, J.), entered August 15, 2014, which granted the petition for a preliminary injunction in aid of arbitration, unanimously modified, on the law, to remit the matter for fixing of an adequate undertaking, and otherwise affirmed, without costs.

Petitioner is a subsidiary of a large, multinational company that makes and sells specialty chemicals and advanced materials. Respondent is a subsidiary of a large, multinational company that makes various chemical products. On August 31, 2007, the parties entered into a distribution agreement…