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CASA Express Corp. v. Bolivarian Republic of Venezuela

United States District Court, Southern District of New York
Jul 16, 2021
18 Civ. 11940 (AT) (S.D.N.Y. Jul. 16, 2021)

Opinion

18 Civ. 11940 (AT)

07-16-2021

CASA EXPRESS CORP, as Trustee of CASA EXPRESS TRUST, Plaintiff, v. BOLIVARIAN REPUBLIC OF VENEZUELA, Defendant.


ORDER

ANALISA TORRES, DISTRICT JUDGE

Before the Coin! is Plaintiff's motion for an order finding that a “reasonable period of time” has elapsed since the Court entered judgment against Defendant pursuant to 28 U.S.C. § 1610(c). ECF No. 89. For the reasons stated below, Plaintiff's motion is GRANTED.

BACKGROUND

On December 18, 2018, Plaintiff filed this lawsuit against Defendant, alleging breach of contract for its failure to make required payments on two series of bonds issued by Venezuela. ECF No. 1. On September 30, 2020, the Com t granted Plaintiff s motion for summary judgment and denied Defendant's motion for a stay. ECF No. 75. The Court entered a final judgment on October 16, 2020. ECF No. 77. On November 23, 2020, the Court amended the Judgment to include Plaintiff s attorneys' fees (the “Amended Judgment”). ECF No. 83. Since that date, Defendant has not made any payments on the Amended Judgment. Pl. Decl. ¶ 4, ECF No. 91.

DISCUSSION

The Court recently granted a motion under 28 U.S.C. § 1610(c) in Pharo Gaia Fund Ltd. v. Bolivarian Republic of Venezuela, a parallel, related case, concluding that a reasonable time had passed since the entry of judgment (the “Pharo Gaia Order”). No. 19 Civ. 3123 (S.D.N.Y. May 27, 2021), ECF No. 74. Defendant makes no additional arguments in this action as to why the court should not grant Plaintiff's motion, compare ECF No. 94, with Pharo Gaia Fund Ltd. v. Bolivarian Republic of Venezuela, No. 19 Civ. 3123 (S.D.N.Y. Mar. 2, 2021), ECF No. 72, and a similar period of time has now elapsed, compare Amended Judgment (entered over seven months ago), with Pharo Gaia Order at 2 (holding that the seven months that had passed since the entry of judgment was a reasonable period of time). Therefore, for the reasons stated in the Pharo Gaia Order, Plaintiff's motion is GRANTED.

CONCLUSION

For the reasons stated above, Plaintiff's motion for an order finding that a “reasonable period of time” has elapsed following the entry of judgment pursuant to 28 U.S.C. § 1610(c) is GRANTED. The Clerk of Court is directed to terminate the motion at ECF No. 89.

SO ORDERED.


Summaries of

CASA Express Corp. v. Bolivarian Republic of Venezuela

United States District Court, Southern District of New York
Jul 16, 2021
18 Civ. 11940 (AT) (S.D.N.Y. Jul. 16, 2021)
Case details for

CASA Express Corp. v. Bolivarian Republic of Venezuela

Case Details

Full title:CASA EXPRESS CORP, as Trustee of CASA EXPRESS TRUST, Plaintiff, v…

Court:United States District Court, Southern District of New York

Date published: Jul 16, 2021

Citations

18 Civ. 11940 (AT) (S.D.N.Y. Jul. 16, 2021)