United States v Glencore International AG - United States District Court Southern District of New York Case No 1-22-cr-00297 - Letter from Counsel and Decision Kolwezi Commercial Court 11 August 2023
Country
Year
2023
Summary
On behalf of our client, Glencore International A.G. ... we write in connection with the Court's August 7, 2023, Order denying the motion of Dr. Ian and Laurethé Hagen (the "Hagens"), 90 percent shareholders in Crusader Health RDC SARL ("Crusader"), for the release of the remaining restitution funds. Enclosed please find a decision from the Kolwezi Commercial Court, issued on Friday, August 11, 2023, acknowledging Crusader's definitive and irrevocable waiver of its right to invoke and enforce the December 31, 2019, judgment. Glencore is in the process of obtaining a translation of the French decision and will provide it to the Court as soon as it is available. In light of this decision, Glencore consents to the release of the remainder of the restitution funds to the Hagens.