Iraq Telecom Limited v IBL Bank SAL - United States Court of Appeals for the Second Circuit Case No 22-832 - Summary Order - 17 April 2023
Country
Year
2023
Summary
UPON DUE CONSIDERATION, IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that the judgment of the district court is AFFIRMED.
IBL Bank S.A.L. appeals from the district court's order denying its request to stay enforcement of Iraq Telecom Limited's approximately $3 million arbitral award against IBL (the "Award") pending a decision in an ongoing proceeding in Lebanon challenging the Award. We assume the parties' familiarity with the underlying facts, procedural history, and issues on appeal.