| Citibank Is
Sued By Staff in Argentina So Counter Sues
in SDNY And Wins $10K a Day
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- ESPN
SDNY COURTHOUSE,
Dec 18 – Citibank was sued by
one of its employees in
Argentina, Alejandro de
Nevares. Citibank then sued in
the United States saying that
a binding arbitration
agreement prohibits the
Argentine law
suit.
On December 17, U.S. District
Court for the Southern
District of New York
Judge Victor Marrero held a
proceeding. Inner City Press
covered it.
Judge
Marrero ruled that Alejandro
de Nevares is in contempt and
that he must withdraw from the
Request for Clarification and
if not, be subject to a
coercive fine of $10,000 a
day, "and this amount shall
increase by an increment of
$5000 every three days until
he brings himself into
compliance with the TRO by
withdrawing from the Request
for Clarification."
The case is The
branch of Citibank, N.A.
established in the Republic of
Argentina v. De Nevares,
21-cv-6125 (Marrero)
***
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