| China
Bank Asked
Discovery
About Inter
Milan in SDNY
But Stayed As
Not
Adjudicative
By Matthew
Russell Lee, Patreon Maxwell
book
SDNY COURTHOUSE,
March 8 –
China
Construction
Bank (Asia)
Corporation
Limited filed
an ex parte
application to
take discovery
for use in
contemplated
foreign
proceedings in
Italy and Hong
Kong
concerning
F.C.
Internazionale
Milano S.p.A..
Then
Suning Sports
International
Limited and
Zhang Kangyang
intervened.
On March 8,
2023 U.S.
District Court
for the
Southern
District of
New York
Judge Jesse M.
Furman held
proceeding.
Inner City
Press covered
it.
The
intervenors
argued that
the foreign
proceedings
are "not
adjudicative."
Judge
Furman, after
hearing about
and
distinguishing
cases before
SDNY Judges
Kaplan and
Castel,
granted a
motion by
intervenors to
stay - and
requested a
joint letter
by March 10.
The
case is In Re:
China
Construction
Bank (Asia)
Corporation
Limited,
23-mc-17
(Furman)
***
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