USA v PetroSaudi Oil Serv Venezuela Ltd - United States Court of Appeals for the Ninth Circuit Cases No 21-56228 - Opinion - 13 June 2023
Country
Year
2023
Summary
Conclusion
We hold that the district court had the authority to exercise in rem jurisdiction over the arbitration award fund. The sovereign immunity of the United Kingdom is in no way affected by the district court’s exercise of jurisdiction. In the exercise of this jurisdiction, the district court had the authority to issue the arrest warrant authorizing the attachment and seizure of any portion of the fund released by or retained pursuant to the orders of the High Court and to issue the § 983 protective order preserving assets of the fund.
AFFIRMED.