Day Pitney's Representation of CBF and Brazilian Iron Companies, Led by Adam K. Grant, Covered by Law360
July 17, 2019
Day Pitney's representation of clients CBF Indústria de Gusa (CBF) and other Brazilian iron companies was covered in an article, "Brazilian Cos. Get OK Of Seizure Order In $48M Award Row," published by Law360. As noted in the article, U.S. District Judge P. Kevin Castel for the Southern District of New York has signed off on an order allowing CBF and other Brazilian plaintiff companies to secure $48.4 million through money, property or interest in property belonging to coal billionaire Hans J. Mende and a company he controlled, AMCI Holdings Inc., who allegedly orchestrated fraudulent transfers to avoid paying plaintiffs an arbitration award issued by the International Chamber of Commerce in 2011. Judge Castel's July 16, 2019 ruling confirmed the ex parte order of prejudgment attachment he issued in June of this year.
The Day Pitney team representing CBF and the Brazilian companies is led by Adam K. Grant and includes Elizabeth J. Sher, Jonathan S. Zelig, Gregory R. Bruno, Naju R. Lathia, Alyssa R. Musmanno, Michael L. Fialkoff and Matthew B. Danzer.