Gujarat State Petroleum Corporation Ltd - Alkor Petroo Ltd and Western Drilling Contractors Private Ltd v Republic of Yemen and Yemeni Ministry of Oil and Minerals - United States District Court Southern District of New York Case No 1-19-mc-00547 - Opinion and Order - 18 May 2022
Country
Year
2022
Summary
RONNIE ABRAMS, United States District Judge:
Petitioners Gujarat State Petroleum Corporation Limited, Alkor Petroo Limited, and Western Drilling Contractors Private Limited (collectively, "Petitioners") are in possession of a judgment against Respondents the Republic of Yemen and the Yemeni Ministry of Oil and Minerals ("Yemen" and "the Ministry," and collectively, "Judgment Debtors") in the amount of $3,788,471.34, plus post-judgment interest. Although it has been several years since that judgment was awarded, Petitioners have not been able to collect on it. Now before the Court is Petitioners' motion to compel post-judgment discovery from nonparty the Federal Reserve Bank of New York ("the Fed") regarding accounts held at the Fed by nonparty the Central Bank of Yemen, pursuant to an information subpoena. For the reasons that follow, the Court finds that, although the Fed's challenge to the subpoena fails to the extent that it relies on the Foreign Sovereign Immunities Act, the subpoena is nonetheless overly broad. Because the subpoena, as currently drafted, is not sufficiently tailored to discover only the third-party asset information that is relevant to locating Judgment Debtors' assets, Petitioners' motion to compel is denied. The Court will hold a conference to further discuss the discovery that Petitioners seek.
- OGEL: Gujarat State Petroleum Corporation (India), Alkoor Petroo Limited (India), Western Drilling Contractors Private Limited (India) v. Republic of Yemen (Yemen), The Yemeni Ministry of Oil and Minerals (ICC Case No. 19299/MCP) - Final Award - 10 July 2015
- TDM: Gujarat State Petroleum Corporation (India), Alkoor Petroo Limited (India), Western Drilling Contractors Private Limited (India) v. Republic of Yemen (Yemen), The Yemeni Ministry of Oil and Minerals (ICC Case No. 19299/MCP) - Final Award - 10 July 2015