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Sept 24, 2013

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Yemen Found Liable for $3M in Oil Case But FRBNY Cites Its Immunity to Withhold Central Bank Info

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Nov 23 – The Republic of Yemen, such as it is, was sued by Gujarat State Petroleum Corp. Ltd. and lost by default.

  DDC Judge Dabney L. Friedrich, now presiding over many January 6 Capitol breach cases,  found the Republic of Yemen liable for over $3 million.

   But that was just the beginning. Now Gujurat wants information about Yemen's central bank account from the Federal Reserve Bank of New York.         

   On November 23, U.S. District Court for the Southern District of New York Judge Ronnie Abrams held an in-person oral argument.  Inner City Press went and covered it.  

 The Federal Reserve Bank of New York , which is not a governmental entity, is seeking to use the sovereign immunity of Yemen, which many view for now as a Saudi protectorate, to quash Gujarat's subpoena. 

 For this proposition, the FRBNY cites another SDNY case Inner City Press has been covering: Preble-Rish Haiti, S.A. v. Republic of Haiti, 21-cv-4960 (Castel). 

  But Gujarat on November 23 counted with a District of Massachusetts case about Kazakhstan for which is quickly read out the LEXIS and Westlaw citations.

The acoustics in the SDNY courtrooms, at least in 40 Foley Square, don't match what has been and in some cases still is with call-in lines. 

 Judge Abrams promised the party a timely ruling, which Inner City Press aims to cover.

The case is Gujarat State Petroleum Corporation Ltd. et al v. Republic of Yemen et al., 19-mc-547 (Abrams) 


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